Crypto & Forex February 26, 2026 0 Comments

Solana’s $85 Surge Sparks Frenzy: What’s Driving This Unexpected Liquidity Tsunami?

So, what’s the deal with Solana flexing its muscles just when broader markets seemed ready for a slump? Well, it turns out that $75 wasn’t just some random number—it was the battlefield where bulls decided to throw down and hold the fort fiercely. This wasn’t your average tug-of-war; it was a clear sign that sellers started losing grip, and suddenly, optimism wasn’t just wishful thinking anymore. Watching SOL climb back to $88 with a 7% jump in just 24 hours had me wondering—is this the turning point we’ve been waiting for? Beyond the price action, Solana is quietly crushing it on decentralized exchanges, commanding a staggering $15.72 billion in weekly volume and outpacing giants like Ethereum and BNB Chain. But here’s the kicker—this dominance isn’t from passive eyeballing; it’s active capital rotating right where the action’s hottest. Now, the pressing question isn’t just about a quick bounce; can Solana sustain this momentum, keep breaking past $90, and turn this technical rebound into a full-blown breakout? If the bulls hold steady above the EMA ribbon, we might just be witnessing the kind of ecosystem expansion that aligns with serious, long-term conviction. Intrigued? You should be. LEARN MORE

Solana has started to show strength after a brief period of weakness.

While broader markets struggled, SOL stabilized as bulls stepped back in with conviction. The $75-zone acted as the line in the sand, and buyers defended it aggressively, preventing a deeper breakdown.

This defense signaled that sellers were losing control near support. Therefore, attention shifted towards whether on-chain strength could justify renewed optimism.

At the time of writing, momentum was no longer collapsing. It was rebuilding with intent. This was evident on the price charts, with SOL valued at $88 following a 7% hike in 24 hours.

Solana dominates weekly DEX volume

Solana [SOL] commanded trading activity across decentralized exchanges this week.

Top 10 Chains by DEX Volume in the last 7 days showed Solana leading at $15.72 billion. Ethereum followed at $11.64 billion, while BNB Chain trailed at $6.21 billion.

Source: X

Base recorded $5.17 billion, Arbitrum posted $1.87 billion, and Polygon hit figures of $1.48 billion. All while Avalanche logged $999.78M, while Sui and Monad remained below $700M.

The gap was clear and apparent. That may be why liquidity has been so aggressively concentrated on Solana’s network.

Such dominance can also be seen as evidence of active capital rotation, rather than passive speculation.

Are TVL surges a sign of ecosystem acceleration?

TVL growth data revealed sharp inflows into select Solana protocols.

SuperstateInc surged 97.23% in 7-day TVL growth. KnightradeTeam followed at 96.42%, nearly matching that explosive pace.

Source: X

The disparity when compared to other pools seemed steep though. dflow hiked by “only” 18.75%, while etherfuse recorded figures of 14.56%. Similarly, other protocols ranged between 3.55% and 14.13%, including HastraFi and solsticefi.

This implied that momentum has been highly concentrated at the top. Also, those near-100% jumps signaled aggressive capital deployment.

Despite the concentration though, growth is undeniable. Needless to say, this has led to renewed conviction inside the ecosystem.

$75 holds as bulls reclaim the EMA ribbon

The $75-level held firmly under pressure.

Bulls defended that zone decisively, preventing structural damage. As a result, SOL reclaimed the $80s with authority. More importantly, the price moved back above the EMA ribbon. Therefore, short-term momentum shifted towards buyers.

Source: TradingView

Holding above the EMA ribbon gave bulls leverage. In fact, the RSI showed Solana recovering from the oversold zone. Failure to maintain that position would have invited immediate weakness.

Put simply, technical recovery finally mirrored ecosystem expansion.

Will SOL sustain momentum above the EMA?

Now, despite the shift in momentum, sustainability remains the real test. Reclaiming the EMA ribbon altered sentiment quickly. However, at press time, SOL still needed to clear the $90-resistance convincingly.

Solana has the fuel. Looking ahead, consistency matters more than excitement. Should support hold and the $90-level break, momentum could extend further.

Final Summary

Solana’s $15.72 billion DEX volume confirmed aggressive liquidity leadership.
Defending $75 and reclaiming the EMA ribbon on the price charts marked a decisive shift for SOL.