WalletConnect Pay drew fresh institutional attention after Solana Foundation Head of Payments labeled the protocol critically important for seamless on-chain settlements.

SOL trades at $82.85 beneath the EMA50 at $84.58 and EMA200 at $86.13, locking in a bearish structure confirmed by the MACD death cross at -0.96. With price pressing the upper Bollinger band at $86.8 while RSI sits neutral at 45.66, the next decisive move likely targets the lower band support at $80.4 before any sustained recovery. This technical setup aligns with ongoing Solana payments integration efforts that WalletConnect now accelerates across the ecosystem.