Solana Sees Record Activity Amid Governance Push as SOL Tests Support

Solana (SOL) traded at $73.09 on Thursday, down 0.8% in 24 hours, with spot volume of $1.5 billion and market cap near $42.2 billion. Traders weighed a fragile technical setup against record on-chain activity and renewed governance reform push. FXStreet noted SOL shows bearish bias while testing support levels amid network speed improvement efforts.