SOL on the Brink: Can $80 Hold or Is the Market Just Playing Cards?

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Solana [SOL] has stepped back into the public gaze with a bit of jamboree and a dash of swagger. Data from Artemis shows the network hogging the spotlight in users, transactions, developer growth, trading volume, and fees, all while chalking up over 24 straight months of uptime-a streak that would make a Swiss watch blush with envy.

Artemis’ Zheng Jie Lim recently described Solana as the “internet capital markets,” a phrase that suggests scale, activity, and resilience across the main metrics-like a clever chap who never seems to tire of the market’s little ruses.

But what do these gains portend for SOL’s long-term outlook?

Alibaba partnership adds serious weight

Momentum isn’t confined to the on-chain numbers, old bean.

Alibaba, the world’s largest e-commerce empire, recently demonstrated high-performance Solana RPCs. The partnership threads Solana into Alibaba Cloud infrastructure. The aim, as plain as a pikestaff, is to reduce latency.

Usually, lower latency improves execution speed.

Joined with ZAN, Alibaba Cloud could hand on-chain high-frequency trading a millisecond advantage. In the cut-and-thrust of competitive markets, that edge is meaningful enough to make a chap tilt his hat politely.

This development strengthens Solana’s position as a performance-first blockchain. It also signals growing institutional-grade infrastructure support.

Timing could not be more critical

The announcement comes at a decisive technical moment

On the weekly chart, SOL is testing what many consider its last line of defence around the $80 demand zone. This level has historically acted as stout support, like a loyal butler at the door.

A hold at this level could spark a broader recovery, while a breakdown would turn the structure decisively bearish. The stochastic RSI is also signaling potential upside, with the token’s RSI rebounding from oversold territory at press time.

The fundamentals are strengthening. The chart is compressing.

Institutional appetite returns

Institutional demand is also beginning to surface.

In the last 24 hours alone, Open Interest (OI) surged to $2.1 billion as of writing. Rising OI alongside a major support test suggests traders are positioning for volatility.

The surging OI does not confirm direction, but it confirms the attention.

Mapping SOL’s long-term road

Solana is leading in activity. Infrastructure support is expanding. Institutional positioning is increasing.

Yet price sits at a critical inflection point. If the $80 support zone holds, the convergence of sturdy fundamentals and improving participation could bolster long-term bullish projections.

In the worst-case scenario, if the support fails, the market may need more time. As it stands, Solana stands at a crossroads, backed by strength but tested by structure.

Final Thoughts

  • Solana leads key on-chain metrics as infrastructure support strengthens.
  • The network’s Open Interest jumps to $2.1B as SOL tests long-term support.

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2026-02-12 09:31