Solana Launches Kora to Eliminate Transaction Cost Barriers for Users
- Fee Relay Innovation: The Solana Foundation launched Kora this week as a fee relayer and signing infrastructure, enabling applications to fully sponsor transaction fees, thereby eliminating cost barriers for users interacting with Solana products.
- Enhanced User Experience: Kora allows fees to be paid using alternative tokens like USDC, enabling users to engage without holding SOL, which accelerates mainstream adoption, particularly in gaming applications.
- Security Assurance: The infrastructure has been audited by Runtime Verification, providing institutional-grade security assurance that mitigates risks associated with private key management during transaction signing.
- Market Dynamics Reflection: Despite SOL's price decline of 58% from its January 2025 peak of $293 to around $124, institutional interest in Solana remains strong, with recent net inflows of $69 million, indicating a disconnect between infrastructure development potential and market price performance.
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Technical Analysis for SOL
Technical Sentiment Analysis for Solana (SOL) As of , Solana (SOL) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SOL stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, SOL is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Solana (SOL) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 17.565 | 42.532 | 69.185 | 94.152 | 120.805 | 145.772 | 172.425 |
| Fibonacci | 42.532 | 62.251 | 74.433 | 94.152 | 113.871 | 126.053 | 145.772 |
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