Solana Rebounds Above $85 as Recovery Momentum Offsets Security Concerns

Solana (SOL) has initiated a fresh recovery phase, successfully clearing the $82 resistance zone despite recent ecosystem challenges. The price is currently consolidating near the $85 level, showing resilience after the downward pressure caused by the $285 million Drift Protocol exploit. Technical indicators suggest that if the current momentum holds, the asset could target further gains above the $88 resistance zone. This upward move comes as the market begins to absorb the impact of allegations linking the network to North Korean actors and the 'Milei Libra' scandal. While 'rug pull' concerns and security risks previously weighed on sentiment, the current price action indicates a shift in investor focus toward structural recovery. Traders are now monitoring whether SOL can maintain its position above key support levels to invalidate the previous bearish trend.