Solana (SOL) has experienced a modest price rebound after recent declines, recovering to around $125 from a low near $116 earlier in the week. This movement comes after months of declining prices through Q4 2025, with the recent two-day bounce drawing attention amid generally slowed market activity and cautious trader sentiment.
Technical indicators for Solana remain mixed. On-chain data suggests reduced selling pressure, with Chaikin Money Flow turning upward and capital outflows potentially slowing. However, the Relative Strength Index (RSI) sits at 41, indicating neither oversold nor strong conditions. The 20-day Exponential Moving Average (EMA) near $130 and the 200-day EMA around $168 present significant overhead resistance levels, limiting near-term upside potential.
Market analyst Ali notes that SOL may still be retesting a prior breakdown zone, with potential downside risk toward $107. This analysis suggests that reaching $250 is unlikely in the near term. The 20-day moving averages are falling, indicating growing selling pressure that could push SOL to retest the $120 support level rather than breach the $130 resistance.
Meanwhile, the Digitap ($TAP) project has emerged as an alternative focus for some investors. Positioned as a utility-focused omnibanking platform rather than a high-speed blockchain, Digitap offers stablecoin settlement, multiple banking rails, and a live application already available on Android, iOS, and desktop. The platform emphasizes practical financial use cases including cross-border payments, lower transaction fees (advertised below 1% compared to an industry average of 6.2%), and integration with traditional payment rails like SEPA and SWIFT.
Digitap's presale has attracted significant participation, with over 120,000 wallets joining and raising more than $2.7 million across approximately two months. The $TAP token price has increased through multiple presale rounds from $0.0125 to the current Round 3 price of $0.0383, still below the project's stated launch price of $0.14. The project has distributed over 150 million tokens during this period.
Security and promotional elements are also highlighted. Digitap has undergone smart contract audits by cybersecurity firms SolidProof and Coinsult. The project is currently running a 12-day Christmas promotional campaign with rotating incentives, offering over $300,000 in bonuses, rewards, and prizes including account upgrades. The $TAP token features a limited supply of 2 billion tokens with a deflationary mechanism, and offers holders perks including fee discounts, staking APYs up to 124%, voting rights, and cashback promotions.
