Solana is on track to close July with its first positive monthly return since September 2025, ending a streak of nine consecutive losing months if SOL finishes above $74. The token is currently up 3.42% in July, the first sign of a potential reversal after a year-long decline that dragged SOL from its early-2025 highs into a sustained downtrend.
Why it matters
Nine red monthly candles in a row is a rare pattern in major-cap crypto. The streak reflects a prolonged de-rating cycle that took SOL from a cycle peak to a multi-quarter low, with sentiment and positioning both resetting in the process. A green close now does not invalidate the prior drawdown, but it does break the rhythm that defined the downtrend, which is the signal technical analysts watch for a regime change.
Market impact
The level to watch is $74. A monthly close above it confirms the streak break on every chart timeframe that aggregates candles by month. Failure to hold would mean July prints a doji or a small upper wick, keeping the losing sequence technically alive and leaving SOL rangebound until a decisive close resolves the setup. With three weeks still on the July tape, the candle is far from fixed, and the next two weekly closes will determine whether this is a real reversal or a counter-trend bounce inside a broader downtrend.
Source: [source](http://telegraph.controller.bot/files/8336652911/AgACAgIAAxkBAAJCNWpY83sTdi_0h4pYLBAR2AaLqwMaAAIUHWsbzzfISuAAAZDjOaXptAEAAwIAA3kAAz0E)
Frequently asked questions
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What level does SOL need to close July above to break the streak?
SOL needs to close July above $74. A monthly close above that level would end a streak of nine consecutive losing months dating back to September 2025.
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How much is SOL up in July so far?
SOL is currently up 3.42% in July, with three weeks still remaining on the monthly candle.
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When was the last positive monthly close for SOL?
SOL's last positive monthly close was in September 2025. Every monthly candle since then, for nine consecutive months, has closed in the red.
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Does a green July candle confirm a new uptrend for SOL?
No. A green monthly candle breaks the losing streak but does not, on its own, confirm a new uptrend. Two more weekly closes would be needed to validate a regime change rather than a counter-trend bounce.
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Why is the $74 level significant for Solana's chart?
$74 is the threshold that turns July from another losing month into the streak-breaking candle. A close below it keeps the nine-month losing sequence technically alive on monthly-chart timeframes.
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