SOL Token Surges 8.6% on Binance as FIUSD Launch and Strong Support Fuel Rebound

Solana (SOL) is trading at $145.65 on Binance, up 8.64% from the 24h open of $134.07, reflecting a strong rebound following recent volatility and a brief dip to $124 earlier in the week. The price surge is attributed to renewed investor confidence after SOL consistently defended the $140 support level, positive sentiment from major ecosystem developments such as Fiserv’s announcement of launching the FIUSD stablecoin on Solana, and increased institutional and community interest. Technical analysis highlights SOL’s recovery above key resistance levels, while market participants remain focused on whether the token can sustain momentum amid ongoing token unlocks that are increasing circulating supply. Overall, SOL’s market activity is robust, with heightened trading volumes and cautious optimism as it tests higher resistance zones.