DEX Volumes

Solana is holding near the $100 area ahead of the Federal Reserve interest rate decision, with trading volumes rising as buyers test a key psychological level. However, weaker app fees, falling DEX activity and negative ETF flows leave SOL exposed if the $96 support zone and 200 day EMA fail.

Solana’s sharp retreat after failing to clear $121 has put the $100 area back in focus for technical traders. Falling decentralized exchange activity and negative ETF flows have added pressure, even as some buyers stepped in near $106.

Solana has gained 2.5% over the past 7 days, but traders remain cautious as bearish exhaustion candles appear near $77. Weak app fees, lower DEX volumes and muted ETF inflows are keeping attention on a potential move toward $68.