Solana Rebounds to $85, But On-Chain Data Indicates Cautious Market

Saturday, Feb 7, 2026 9:28 am ET1min read
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Solana's price has rebounded over 5% to reclaim $85 after a brief dip into the low-$70s. However, on-chain data indicates stabilization rather than a confirmed bottom. Spot and derivatives volume metrics show cooling conditions, and liquidity flows remain selective rather than aggressive. The market is still recalibrating, and the question is whether Solana is building a foundation or just reacting to exhausted selling.

Solana Rebounds to $85, But On-Chain Data Indicates Cautious Market

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