Solana price today tests $105.67 resistance as Raydium fees jump 363%
On September 9, 2026, the Solana price today trades around $104.76, with bulls defending a critical support zone as the broader crypto market dips 0.57% to roughly $2.72 trillion, according to CoinGecko. On-chain activity across Solana’s DeFi ecosystem is surging, adding fundamental strength to an already constructive technical picture.
Key takeaways
- SOL trades near $104.76 with Bitcoin dominance at 58.41% and the Fear & Greed Index at 66, firmly in Greed territory.
- The daily trend is bullish, with EMA20, EMA50 and EMA200 aligned upward, though the MACD histogram is negative at -0.61, signaling fading momentum.
- Key battle lines: daily pivot at $104.29, R1 at $105.67, S1 at $103.39, and the upper Bollinger Band near $109.72.
- On-chain DEX fees are surging sharply, led by Raydium (+363% monthly) and Orca (+80.78% monthly), signaling genuine network activity.
- A bullish breakout requires a decisive close above R1 at $105.67; the bearish scenario activates on a loss of S1 at $103.39.
Trend Structure Says Bullish, But Momentum Is Cooling
On the daily timeframe, Solana’s regime is classified as bullish. The EMA structure backs that up cleanly: price at $104.76 sits above the EMA20 ($99.39), EMA50 ($90.60), and EMA200 ($89.13). That is a textbook uptrend alignment, with the short-term average above the medium-term and the long-term, and the gap between spot price and the longer EMAs is wide enough to suggest this rally carries real weight.
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