A recent report highlighted three major reasons Solana (SOL) has struggled to keep pace with Ethereum (ETH), at least from a market performance perspective that goes beyond day-to-day price movements. Market expert Dominic Basulto from The Motley Fool pointed to factors that, in his view, have shaped investor sentiment and affected Solana’s momentum in key areas. The Meme Coin Hangover One of the most important drivers, Basulto said, is how many investors still associate Solana with the meme coin craze of 2024. During that period, Solana became the preferred destination for people minting and trading meme coins, and the conversation frequently included the idea of a “meme coin supercycle.” At its high point, the meme coin market was valued at around $150 billion. Today, Basulto said the segment is worth less than $40 billion, and many individual meme coins are still far below their 2024 highs. For some investors, according to the expert, the connection between Solana and that hype cycle never fully faded, which may have contributed to lingering hesitation toward the network. Related Reading: Hyperliquid (HYPE) Breaks New All-Time High—Surges Past $62 As Momentum Spikes A second explanation involves Solana’s attempt to build a mobile-first crypto ecosystem—and the belief that it never took off as its early ambitions suggested. Back in June 2022, Solana announced the launch of a mobile device called Saga, along with a broader mobile strategy. Basulto noted that the Saga was positioned as a breakthrough, but at a price of $999, it struggled to compete with mainstream smartphones. While Solana later introduced a cheaper alternative, the bigger idea of creating a mobile crypto environment did not seem to catch on with investors or consumers at the scale required to create a sustained advantage. Solana ETF Momentum Falls Short The third reason Basulto raised centers on Solana exchange-traded funds (ETFs) and the expectation that they would draw in a meaningful wave of institutional interest. He noted that eight spot Solana ETFs are now trading in the US, but they have not achieved the momentum seen with spot Bitcoin (BTC) ETFs, which launched in January 2024. The rollout of spot Solana ETFs was widely viewed as a potential catalyst—something that could bring more institutional capital into the space. Instead, Basulto said Solana ETF momentum has remained limited. He estimated that total assets under management (AUM) for spot Solana ETFs are currently about $1.1 billion, which contrasts sharply with spot Bitcoin ETFs that reportedly pulled in $100 billion in less than 12 months. Related Reading: Bitcoin Miners Warn No Bottom Yet, CryptoQuant Says—What On-Chain Metrics Reveal Even so, Basulto’s overall conclusion was not pessimistic. He argued that Solana may still represent a stronger long-term investment compared with Ethereum, based on what he described as a visible shift in Solana’s direction. In his view, Solana is pivoting away from meme coins and moving toward stablecoins, while also strengthening its presence in decentralized finance (DeFi). Basulto added that Solana remains faster and cheaper than Ethereum, and that these advantages could keep drawing developers and users toward Solana over time. At the time of writing, SOL was trading at around $86, with losses recorded across all time frames, amounting to a 51% drop year-to-date (YTD). Meanwhile, ETH was trading just above $2,100, also recording losses across all time frames and a YTD drawdown of 20%. Featured image created with OpenArt, chart from TradingView.com
Solana continues to trade within a cautious consolidation phase, with price action suggesting that a temporary recovery may develop before the market makes its next major directional move. While short-term momentum has started to stabilize, SOL still faces key resistance barriers that could determine whether the current bounce evolves into a stronger breakout or fades into another corrective wave. Solana Corrective Recovery Scenario Begins To Take Shape Focusing on the 1-hour timeframe, Elliott Waves Academy identifies a potential short-term recovery for Solana. This corrective move is modeled as wave (2)/(B), likely taking the shape of a complex double zigzag structure as the market attempts to stabilize after recent downward momentum. Related Reading: Solana Fails Channel Breakout—$78 Support The Next Destination? To confirm this recovery path, a decisive breakout above the upper boundary of the current diagonal pattern is key. Additionally, clearing the key resistance level tied to the previous bearish wave would significantly bolster the case for this upward correction, which is expected to evolve within the defined price channel shown on the chart. The primary target for this relief rally resides within the 50% to 61.8% retracement zone of the preceding decline, with potential for an extension up to the 78.6% level. Ultimately, the structural outlook depends on how the price interacts with this resistance zone. If the recovery gives way to renewed selling, the area will likely act as a focal point for seller concentration. However, should the market establish higher lows and follow up with a series of impulsive waves, the trend would shift toward sustained upside potential. Solana Remains Stuck Inside Broad Range Structure MCO Global DE noted that Solana continues to trade sideways within the same broad range structure that has controlled price action for several months. According to the analysts, the market still lacks a convincing breakout signal, while recent movement on the lower timeframes is dominated by short-term noise. Related Reading: Solana (SOL) Rebound Faces Major Test Near Key Resistance Zone The expert explained that the leading scenario remains largely unchanged, with several important support zones continuing to hold. Immediate support is seen around $81.28, while significant support regions remain between $71.92 and $77.96. MCO Global DE added that another short-term dip cannot be ruled out before Solana attempts a renewed recovery within the larger B-wave structure. At the same time, the analysts warned that the market remains vulnerable to deeper corrective movement as long as the key resistance around the $96 level remains intact. Overall, MCO Global DE believes Solana is still trapped inside a large range-bound structure, with no clear confirmation of a larger bullish breakout at this stage. Until buyers successfully overcome the major resistance levels, particularly near $96 and eventually $110, the broader market outlook is expected to remain cautious and neutral. Featured image from Pxfuel, chart from Tradingview.com
The XRP Ledger has recorded a 120.97% surge in distributed real-world asset value over the past 30 days, with total represented RWA value on the network climbing to $2.43 billion — a 71.24% increase in the same period — according to live data from RWA.xyz, the industry’s primary tracker for tokenized asset activity across public blockchains. Related Reading: Bitcoin Faces Major Test As 37% Recovery Collides With Bear Resistance The figures place XRPL among the fastest-growing networks in the global RWA sector. XRP community educator and market commentator @Xfinancebull flagged the momentum in a post on X, noting that in just five months the XRP Ledger absorbed over $3.5 billion in RWA value — a pace of accumulation he described as evidence that institutional players are making calculated moves toward functional infrastructure rather than speculative positioning. “Why are people still hating on Ripple when XRPL is up 63% in the last 30 days on the RWA League Table?” he wrote. Who Is Driving The Numbers The RWA.xyz league table breakdown reveals the institutional composition behind the headline growth. CRX Digital Assets leads the platform rankings with 17 RWA products representing $590.5 million in value — up 457.7% over 30 days and accounting for 39.29% of total XRPL distributed RWA value, per RWA.xyz data. Ripple’s RLUSD stablecoin sits second at $371.3 million, up 9.13%. Ondo Finance — the institutional tokenized Treasury platform that has become one of the most active real-world asset issuers across multiple blockchains — holds third position at $323.3 million, up 45.95%. Braza Bank, the Brazilian financial institution settling cross-border payments on the ledger, contributes $91.6 million. Société Générale’s tokenization arm, FORGE, rounds out the top eight at $11.7 million. The asset class composition tells the same story. Tokenized US Treasuries on XRPL have grown from approximately $50 million in 2025 to $418 million in 2026 — an eightfold increase in under a year — driven primarily by Ondo Finance, OpenEden, and Zeconomy, per Evernorth’s research published earlier this month. Stablecoin's value displays significant growth on the XRP Ledger since January 2026. Source: rwa.xyz The 30-Day Transfer Volume Signal Beyond asset value, the transfer activity data confirms the ledger is being used rather than merely populated. RWA 30-day transfer volume on XRPL reached $145.10 million — up 50.40% over the prior 30-day period, per RWA.xyz. Stablecoin 30-day transfer volume on the ledger stood at $1.93 billion, up 9.92%. Active RWA holders numbered 48, up 26.32%. The network currently hosts 301 distinct RWA products. Related Reading: Ethereum Price Tumbles Hard, Bears Tighten Grip On Market Momentum Ripple executive Luke Judges has suggested that the genuine tokenized RWA figure on XRPL — accounting for assets tracked across additional data sources — may be closer to $3.75 billion, per commentary cited by @Xfinancebull. XRPL currently ranks fifth globally in total tokenized asset value, trailing Ethereum, which hosts over 50% of all tokenized assets worldwide, but it ranks second in 30-day RWA growth, per RWA.xyz’s network comparison data. XRP's price trends sideways as seen on the daily chart. Source: XRPUSD on Tradingview This development marks a pivotal moment for the nascent sector’s institutional adoption narrative on the XRP Ledger. A network that began 2025 with approximately $24 million in tokenized RWA value and now hosts over $2 billion — with a 121% monthly growth rate confirmed by live on-chain data — is no longer a future consideration for institutional asset managers. The infrastructure is operating, the capital is moving, and the names committing to it are ones that require regulatory certainty before deploying real money. Cover image from Grok, XRPUSD chart from Tradingview
Solana has entered a temporary correction phase following its strong breakout move, with profit-taking slowing momentum near key resistance levels. Even so, the overall market structure remains constructive, as the asset continues to hold above important support zones. If bulls regain strength and reclaim nearby resistance, SOL could be preparing for another leg higher within its broader bullish trend. First Target Zone Cleared Following 10% Breakout Rally The current market structure for Solana continues to lean bullish following its recent breakout above a key trendline resistance. According to analyst Bitcoin Meraklısı, the asset managed to hit its first upside target zone after an impressive rally of nearly 10%. However, once the price reached that area, sellers began stepping in, leading to profit-taking activity. Related Reading: Solana (SOL) Dips Modestly, But Traders Still Expect Bigger Move The recent decline is currently being interpreted as part of a short-term correction rather than the beginning of a broader bearish reversal. After such a strong move higher, temporary pullbacks are considered natural, with the analyst noting that dips toward the $92 level would still fit within a technically healthy structure. For SOL to resume its bullish continuation, the price must break back above the key $98 resistance zone and hold above it successfully. A decisive move beyond this level would signal renewed strength from the bulls and could pave the way for another push toward the higher targets highlighted on the chart. Momentum may have cooled in the short term, but there are still no major signs of breakdown or trend deterioration at this stage. Solana Breaks Out Of Long-Term Descending Channel According to an analysis by CryptoXLARG, SOL has successfully broken out of a long-term descending channel, marking a significant structural shift. The asset is currently in a phase of consolidation within the $92 and $95 range, serving as the necessary foundation for a trend reversal after months of downward pressure. Related Reading: Solana Finds Strong Support At $84, But Its Network’s User Activity Is Fading The primary hurdle for bulls is securing a sustained move above the $95 mark. Once this level is confirmed as new support, the technical path opens toward $102.70 and, extending to $106.50 and $118.26. In a high-momentum market environment, CryptoXLARG indicates that macro targets as high as $143 and $163 could eventually come into play. On the defensive side, the $92 level acts as the immediate support floor to maintain short-term optimism. Should volatility increase, deeper support levels are situated at $89 and $78. A failure to hold $78 would effectively invalidate the current bullish structure and likely trigger a deeper correction back toward $70. Ultimately, the validity of this breakout hinges on SOL’s ability to hold its ground above the $95 pivot. While losing the $92 support would significantly weaken the structure. Featured image from Pixel Plex, chart from Tradingview.com
Solana’s AI narrative is gaining fresh support from crypto investors who argue that SOL may be positioned as a core financial infrastructure asset in an agent-driven economy. Parker White, COO of DeFiDevCorp, and Delphi Ventures founding partner Tom Shaughnessy both pointed to Solana’s speed, liquidity and developer ecosystem as reasons the market may be underpricing the asset. Solana’s AI Thesis Is Heating Up White, known on X as @TheOtherParker_, said on May 9 that he remains bullish on SOL because Solana combines “s-tier technology, user adoption, and liquidity.” He pushed back on the common argument that Ethereum’s larger DeFi liquidity and TVL base gives it an unassailable lead, arguing that the comparison looks different once traditional finance enters the market. “Some people will counter with ‘Yes, but ETH has such a huge DeFi liquidity/TVL lead.’ Huge is relative though and compared to TradFi liquidity, all DeFi liquidity is a drop in the bucket,” White wrote. “So when TradFi capital allocators enter the space, SOL and ETH are effectively on the same, level playing field. In this environment, technology/UX plays a giant role on adoption and SOL wins hands down.” Related Reading: Solana Sees Rising Social Hype, Yet Network Activity Is Falling White also argued that SOL’s relative valuation leaves room for a larger repricing if investors begin to treat Solana as a serious competitor to Ethereum. “Couple all of this with the 5x relative value differential, and it’s really hard not to be bullish,” he wrote. “If SOL just catches up to ETH, SOL is at roughly $500 without ETH even moving. Good odds of a good outcome.” The more novel part of White’s thesis is not simply that Solana can compete with Ethereum on throughput or user experience. It is that AI could make Solana more strategically relevant, not less. In his view, many software businesses face uncertainty as AI compresses margins or disrupts established cash-flow models. Solana, by contrast, could benefit if autonomous agents require fast, low-cost and globally accessible financial rails. “As future software cashflows continue to be repriced with increased uncertainty, investors will look to diversify, bc diversification is the best way to combat uncertainty,” White wrote. “As this diversification occurs, rationale investors will look at SOL as a financial software infrastructure play that has a ‘high degree of positive AI convexity.’” White’s argument rests on the assumption that agentic activity will require cheap, high-frequency settlement. He described Solana as “second to none” for micropayments and said token-to-token value transfer between non-human agents “makes sense on SOL, but nowhere else.” Other networks, he argued, are either too expensive or lack the infrastructure and liquidity needed for that use case. He also said Solana’s network effects would be strengthened rather than weakened by AI usage. “Second, the network effects and liquidity cannot be replicated by a fresh AI-built system,” White wrote. “More AI usage actually strengthens the network effects and liquidity, not weakens. This is where the positive convexity comes in.” He added that crypto networks are “global, permissionless, and composible,” making them a natural operating environment for agents that need to interact, collaborate, pay and build across borders. Related Reading: Solana (SOL) Breakout Setup Strengthens As Bulls Regain Full Control Shaughnessy, writing separately on X, made a similar case. He said his SOL thesis is that it is “the best chain for AI,” citing cheap and fast infrastructure alongside what he called the strongest engineering base. He also argued that AI will make it easier to build new crypto applications, potentially accelerating sector formation through “easy capital formation,” global communities and rapid app creation. In a follow-up post, Shaughnessy contrasted Solana with Bitcoin in the context of AI agents. “I don’t think AI and agents interplay with BTC directly since it’s not a programmable chain they can interact on,” he wrote. “I do think BTC is a massive beneficiary of AI as AGI will want to own assets humans can’t manipulate and mass money printing to deal with AGI benefits BTC.” For Solana, Shaughnessy summarized the thesis as “legitimate AI sector ownership,” faster chain performance through Alpenglow, under-ownership after investors sold SOL for other assets, and the potential for pre-IPO stocks to trade around the clock. At press time, SOL traded at $94.51. Featured image created with DALL.E, chart from TradingView.com
A crypto analyst has projected explosive price targets for both the Bitcoin price and the Solana price. According to the forecast, if Bitcoin surpasses $400,000, Solana could be trading around $1,500 at the same time. The basis of this projection rests on the assumption that altcoins could mirror BTC’s explosive rally to reach their respective all-time high targets. The analyst has also urged investors and traders to buy more Bitcoin before this surge, underscoring his strong belief that the cryptocurrency could soon enter a fresh bull market. Analyst Sees Bitcoin Price At $400,000 And Solana Price At $1,500 The Bitcoin price is currently sitting at above $80,000. However, market analyst Crypto Fergani predicts that the flagship cryptocurrency could eventually reach an ambitious price target of $400,000. Related Reading: Bitcoin Closes 2 Green Monthly Candles: Here’s What Historical Data Says Is Coming Next According to the analyst, Bitcoin reaching such a high level could mean the Solana price may rise to $1,500 around the same period. He also projected that other altcoins such as Ethereum, XRP, Binance Coin, and Dogecoin could experience a similar price explosion alongside Solana. Notably, the analyst has shared a timeline for his bullish outlook. He believes that one year from now, Bitcoin could reach explosive new highs. He backed his bullish projection by sharing a price chart showing past cycles in which Bitcoin traded within a narrow ascending channel that eventually led to price surges of hundreds of percent. The chart showed that in early 2018, Bitcoin rallied to about $19,000 and then crashed to a price bottom the following year. Crypto Fergani marked this low as a key buy zone, noting that BTC’s decline to that level triggered a massive 324.44% rally. In the next cycle, Bitcoin formed another buy zone in 2020 after declining from its 2019 ATH. Once a bottom was reached, the cryptocurrency skyrocketed above $69,000 in 2021, representing a surge of more than 961.57%. The same trend recurred in the 2022 cycle, when Bitcoin crashed and formed a new buy zone. Following this, the price consolidated for a few years before skyrocketing to BTC’s current all-time high above $126,000, set around October 2025. Fast forward to today, Crypto Fergano believes that Bitcoin is mirroring this same pattern. He has marked a buy zone for 2026 around the $70,000 level, suggesting that the flagship cryptocurrency could be preparing for a mega bull rally to about $420,000, representing more than a 691% gain from the buy zone. Analyst Urges Investors To Buy Ahead After sharing his bullish projections, Crypto Fergani now urges traders and investors not to miss the opportunity to buy the dip ahead of the next potential rally. He noted that during the last bull run, several market signals had hinted at an incoming rally, yet many failed to act. Related Reading: Can This Latest Integration Send Solana To $500 And XRP to $10? During that period, US President Donald Trump was openly bullish on crypto, institutional investors and BlackRock were quietly accumulating Bitcoin, and retail remained largely on the sidelines. At the same time, most market participants were calling for a bear market, with fear at its peak. Despite these signals, Crypto Fergani said that many did not buy the dip. He urges investors not to repeat the same mistake, suggesting that they begin buying BTC and other altcoins now, ahead of a potential new bull market. Featured image from Pngtree, chart from Tradingview.com
Solana is showing a mixed outlook as it stabilizes around a key technical level while underlying network activity continues to soften. Price action has found a firm footing near the $84 support zone, helping to preserve the broader bullish structure and limit downside pressure for now. Market Structure Remains Strong Despite Engagement Drop Solana is holding a critical level that could define its next major move. An analyst known as Venture on X highlighted that SOL is currently at the support-resistance (SR) level around $84, and the structure suggests there is little reason for the price to break below it. Once momentum shifts, price could quickly move through nearby value areas, and the structure below has effectively turned into a defensive base. Related Reading: Solana (SOL) Hits Key Support, Will Bulls Hold the Line? Looking at the broader macro, this structure aligns with a major SR level that previously held firm, even as calls for a deeper 70% correction circulated. The current structure on the chart shows that the SOL price will not go lower until it loses its current level, and the money flow data will shift back to negative. In this context, SOL is behaving similarly to other cryptocurrencies that form a positive daily phase, often associated with mid-cycle pivots. With multiple technical factors aligning, the current setup is being viewed as a low-risk, high-reward long opportunity, as long as key levels continue to hold. What This Downtrend Means For Solana’s Market Position Solana is showing a striking divergence between network activity and market sentiment. Santiment Intelligence on X has noted that the SOL weekly active addresses have fallen sharply from around 5.01 million in early February to approximately 2.89 million in the latest data. Fewer wallets are actively transferring SOL, suggesting reduced usage at a time when the asset has largely stagnated in price. Related Reading: Solana Ecosystem Boom: Network Sees Massive Growth In Stablecoin Active Users At the same time, sentiment toward SOL platforms has surged to its highest level since January. Bullish commentary now significantly outweighs bearish views, with roughly 3.2 positive mentions for every negative one across X, Reddit, Telegram, and other platforms. The narrative gaining traction is that SOL may be primed for a breakout, especially after underperforming Bitcoin and other major assets, potentially benefiting from a mean reversion. However, the key question remains whether SOL can validate the bullish outlook, which will likely depend on its network’s ability to reverse the current decline in activity and reestablish meaningful on-chain utility. The founders of morecryptoonlv, known as MCO Global on X, have also pointed out that Solana is attempting to track the upward momentum of Bitcoin, with its broader wave structure still intact. From a technical standpoint, the current setup remains constructive, and the price needs to hold the signal line at $85.50 to maintain bullish momentum. Featured image from Freepik, chart from Tradingview.com
Solana’s price action continues to flash caution signals, even as momentum indicators suggest oversold conditions. The broader market structure remains tilted to the downside, with bearish waves still unfolding and key support levels under pressure. Until a clear shift in structure and a strong bullish impulse emerge, the risk of further downside remains firmly on the table. Bearish Structure Dominates Solana On Lower Timeframe In the current follow-up wave outlook for Solana on the 1-hour timeframe, Elliott Waves Academy highlights that bearish control remains firmly intact. The price has already experienced a strong impulsive decline, marking the first leg of a broader downward trend. This move is likely unfolding as waves 3–5 within wave (1)/(A), suggesting that the market is still in the early stages of a larger bearish cycle. Related Reading: Solana (SOL) Rebound Feels Exhausted—Are Sellers Taking Over Again? At this stage, price is approaching the 100% extension of the prior wave, aligning with a key support level of $78.33. This zone is technically significant and could act as a temporary reaction point where buyers attempt to slow down the decline or trigger a short-term bounce. If the market fails to produce a convincing reversal at this support, the bearish structure is expected to extend further through the sub-waves of wave 5, reinforcing sustained selling pressure in the medium term. From a short-term perspective, a wave 2 corrective rebound may develop before the next leg down. This bounce could take the form of a sharp, channeled recovery, often seen in counter-trend moves. However, any breakdown below key support during or after this correction would confirm that the broader bearish trend remains dominant, making it essential to monitor price action and structure at these levels closely. Weekly RSI Mirrors 2022 Bear Market Conditions According to More Crypto Online, the weekly RSI on Solana’s chart is currently showing similarities to the conditions observed during the 2022 bear market, just before the final bottom. This resemblance has drawn attention, as it may offer clues about the market’s current position within a broader cycle. Related Reading: Solana Breakdown Risk Builds As $94 Supply Zone Crushes Momentum Many market participants have pointed to the oversold RSI reading seen in February as a signal that a recovery could be underway. However, relying solely on RSI without confirmation from price structure can be misleading, especially in extended bearish phases. The current setup closely mirrors early 2022, when the market experienced a prolonged period of sideways movement before eventually forming a final low in both price and RSI. That historical pattern suggests that more consolidation or downside could still occur before a true bottom is established. For now, the comparison remains valid until a clear impulsive move to the upside is confirmed. Furthermore, a strong bullish impulse would significantly improve the overall outlook for Solana. Featured image from Freepik, chart from Tradingview.com
Solana (SOL) is showing early signs of recovery as price action begins to stabilize within a defined channel following its recent pullback. With selling pressure easing and buyers gradually stepping in, momentum appears to be shifting toward a potential corrective upswing. Corrective Recovery Scenario Takes Shape Presenting a wave outlook for Solana on the 1-hour timeframe, Elliott Waves Academy highlights a potential shift in short-term structure. Momentum appears to be cooling on the downside, opening the door for a corrective phase that could reshape the near-term trend. Related Reading: Solana (SOL) Edges Up, Traders Watch For Sustained Upside Move One of the more probable scenarios suggests a recovery unfolding through a corrective wave, potentially identified as wave (2)/(B). Such a move may develop into a double zigzag structure, a pattern often seen when the market attempts a deeper retracement with buyers gradually stepping back into the market. A decisive breakout above the upper boundary of the current diagonal pattern would provide early confirmation of this recovery setup. Strength would be further reinforced if price manages to clear the key level associated with the previous bearish wave, signaling that selling pressure is weakening. From a Fibonacci perspective, the anticipated recovery zone lies between the 50% and 61.8% retracement levels of the prior downward move. These levels often act as magnets during corrective phases, with the potential for an extended push toward the 78.6% retracement if bullish momentum builds. For a broader bearish wave to occur, this retracement region must act as a strong resistance zone where sellers regain control. A noticeable increase in selling pressure here could trigger the next leg of the decline. However, if Solana begins to form impulsive waves while maintaining a pattern of higher lows, without revisiting the previous bottom, it would increase the likelihood of a more sustained upside move beyond the corrective phase. Solana Taps Reversal Zone, Early Bounce Emerges According to crypto analyst BitGuru, Solana has moved into a key reversal zone, where price is showing early signs of a bounce following its recent decline. The reaction in this area suggests that the market may be attempting to establish a short-term floor, with buyers starting to respond to the discounted price levels. Related Reading: Solana Tightens Range: Breakout Brewing As Correction Nears Completion At the same time, selling pressure appears to be gradually easing, pointing to a slowdown in bearish momentum. As downside strength fades, conditions often become favorable for buyers to step in, particularly in zones historically associated with demand. If Solana can maintain support above this level and continue forming higher lows, the ongoing bounce could develop into a more structured recovery. Such a move may pave the way for a push higher, with price potentially targeting the upper boundary of its recent range if bullish momentum continues to build. Featured image from Pngtree, chart from Tradingview.com
Western Union’s decision to build on Solana isn’t just another stablecoin integration, but a signal that the foundations of global payments may be starting to shift. For decades, Western Union has been synonymous with cross-border money movement, built on a network of intermediaries, settlement layers, and regional constraints. Behind the surface, this move suggests a potential shift in how global payment infrastructure is being built, upgraded, and ultimately replaced. How Solana Could Fit Into The Future Of Global Money Movement Western Union’s decision to build USDPT on Solana is more than just another stablecoin headline; it’s a signal that the role of stablecoins is moving from crypto narrative to real payment infrastructure. The CEO of MEXC and Honorary Chairman of MVenturesLabs, Vugar Usi, has pointed out on X that for years, stablecoins have mainly been seen as trading tools, and were a way for traders to move capital faster, manage liquidity, and reduce friction in crypto. Related Reading: Solana Prepares For The Quantum Era: Foundation Details Step-By-Step Transition However, when a global remittance giant begins building a dollar-based payment token on SOL, the narrative shifts from trading utility to real-world infrastructure. This is no longer about traders optimizing capital flow, but about real-world settlement, treasury management, and cross-border payments operating on new rails. Furthermore, it’s about replacing slow, fragmented financial rails with infrastructure that operates seamlessly in the background. In Vugar Usi’s view, SOL is validated as a payment rail, and stablecoins as a real financial infrastructure. Thus, exchanges should be ready with liquidity, access, education, and simple user journeys. For platforms like MEXC, this shift carries clear implications, because adoption does not always arrive loudly. Sometimes, it arrives through better rails, faster settlement, and fewer reasons for users to care about the backend. If these rails disappear, that’s when crypto will win. Is Solana Entering The Kind Of Zone Where Reversals Begin? Solana is going through one of those moments that tend to define the market cycle. Crypto analyst Robert revealed that SOL price has taken a severe hit, down 71% from its 2025 all-time high (ATH). At the same time, Solana’s Net Unrealized Profit/Loss (NUPL) is sitting deep at 0.67 in full capitulation territory, a level that typically reflects that holders are sitting on heavy unrealized losses. Related Reading: Solana Foundation President Explains Why SOL Is Built For Unified Liquidity Data from Fidelity Investments suggests that historically, similar conditions have preceded strong rebounds, with a median of over 516% the following year. Meanwhile, they’re quick to emphasize the limitations of a small sample size, weak correction, and that past performance may not repeat itself. On the bright side, network usage is rising, with monthly active addresses up 50%, new addresses growing over 35%, and stablecoin flows are holding steady. However, this shift shows that real utility is building even as the price is down, but on-chain activity tells a more resilient story. Featured image from Freepik, chart from Tradingview.com
Ethereum and Solana are once again under close watch as fresh data reveals how both networks are performing, with recent fee metrics and on-chain activity offering a clearer picture of where momentum currently sits. Ethereum Vs. Solana: Fee Dominance And Growing Activity Recent figures directly address how both networks compare, showing Ethereum building a clear lead in economic activity. Data shared on April 24, 2026, by @ETH_Daily revealed that Ethereum had been generating more total fees than Solana for over a week. In the most recent 24-hour snapshot, Ethereum recorded approximately $2.7 million in fees, while Solana produced about $70,000. This 40 times gap highlights a sustained difference rather than a short-term fluctuation. Related Reading: XRP’s 900% Move To $15: Pundit Flags The Retest That Will Trigger It The fee chart tied to this update provides further clarity. Ethereum’s fee levels, which had been moving within moderate ranges earlier in the period, surged sharply toward nearly $2.75 million. In contrast, Solana’s fees fluctuated within a tighter band before declining significantly, eventually approaching minimal levels. Beyond fees, on-chain data adds another layer to the comparison. On April 27, 2026, @CryptoQuant reported that Ethereum’s active addresses had climbed to record highs even as its price moved lower. The dataset, attributed to CryptoOnchain, shows activity nearing 600,000 addresses while price levels remain below previous peaks near $4,000 and closer to around $2,300. This divergence between rising participation and softer price action suggests that Ethereum’s usage is expanding independently of market valuation. The combination of strong fee generation and increasing address activity points to growing demand, particularly in areas involving higher-value transactions and decentralized finance. The fact that users continue to transact despite higher costs indicates that Ethereum is capturing a larger share of meaningful economic activity. Ethereum Vs. Solana: Usage Patterns And Market Signals Looking at the same period, Solana’s performance reflects a different activity structure. The network’s lower fee output suggests that transaction values are comparatively smaller or that overall high-value usage has declined. This does not diminish its role in the market, but it does highlight a gap when measured by revenue generated from network use. Related Reading: Why The 42% Crash From ATH Is Actually Good For Bitcoin And The Crypto Market The contrast becomes more defined when aligning both fee data and on-chain signals. Ethereum’s sustained lead in fees over more than a week indicates consistent demand for its block space, while Solana’s lower figures point to a network where activity is either less monetized or concentrated in lower-cost transactions. This difference is significant because fees are often viewed as a direct reflection of how much value users are moving across a blockchain. At the same time, the divergence identified by CryptoQuant reinforces Ethereum’s position, with rising active addresses during a period of price weakness signaling sustained engagement. No comparable signal appears for Solana in the same dataset, leaving Ethereum with clearer indicators of growing usage. Overall, the data shows Ethereum with stronger underlying activity and higher economic throughput, while Solana reflects more moderately monetized usage during this period. Featured image from Dune Analytics, chart from TradingView.com
The Solana Foundation has addressed growing concerns about the potential impact of quantum computing on blockchain security. In a blog post published on Monday, the organization set out its next steps and described a clear roadmap that the network could follow should the threat become more than theoretical. The Solana Post-Quantum Signature Plan Even though the risk is still considered distant, the Solana Foundation argued that networks should study the issue and prepare early, rather than waiting until a crisis forces rushed decisions. A key part of Solana’s preparation, the Foundation said, involves Anza and Firedancer, two validator client developers that together represent a substantial share of stake in the network. Related Reading: Bitcoin Could Hit New All-Time High Fast On Quantum Fix, Capriole Founder Says Both teams have been allegedly investigating post-quantum migration paths closely, and they reached the same conclusion independently: Solana would need a post-quantum digital signature scheme that uses compact signatures and is suitable for high-throughput blockchain environments. That shared direction led both teams to a post-quantum signature approach known as Falcon. Solana said that research from both groups resulted in initial implementations. Importantly, the organization emphasized that no immediate network change is required today, and it is unlikely to be needed in the near term. However, the Foundation said the Solana ecosystem now has a plan that has been thoroughly researched, could be activated when the time is right, and is designed so that the transition would be manageable. The blog post also claimed the migration could occur quickly and that network performance is not expected to take a meaningful hit during the switch. From Winternitz Vault To New Wallets Beyond the validator client work, the Foundation said the wider Solana ecosystem has already been proactive in the post-quantum space. It pointed to Blueshift’s “Solana Winternitz Vault,” which it described as offering a direct route to quantum resilience and said has been in place for more than two years. The post then laid out a roadmap for how Solana says it will handle quantum readiness as the conversation evolves. The first step is to keep researching quantum threats and continuing to evaluate Falcon along with potential alternatives. Related Reading: Bitcoin Is Headed For $40,000: Analyst Reveals The Best Time To Buy BTC Solana’s next move, if quantum becomes a credible concern, would be to adopt a post-quantum scheme for new wallets. From there, the Foundation says the ecosystem would migrate existing wallets to the selected post-quantum approach. Finally, the Solana Foundation’s blog post said that it will continue sharing updates as the work progresses, describing post-quantum readiness as an ongoing effort rather than a one-time project. At the time of writing, the blockchain’s native token, SOL, was trading at $84.42. This represented losses of 2% and 1.5% in the 24-hour and seven-day time frames, respectively. Featured image from OpenArt, chart from TradingView.com
The Solana price had a mixed performance over the past week, initially rising toward $90 before falling back to just above $85. According to a popular analyst on X, the altcoin is currently trading in an interesting zone, which could set the stage for a big price move. SOL Price Currently Within No-Trade Zone In an April 24 post on the social media platform X, crypto pundit Ali Martinez hypothesized that the Solana price is ready for a significant move from its current point. According to the market analyst, the price of SOL appears to already be building bullish momentum that would fuel its next significant rally. The rationale for this price outlook is the contraction of the Bollinger Bands on the Solana three-day price chart. Typically, the Bollinger Bands are a technical analysis indicator used to evaluate market volatility and identify overbought or oversold conditions. Related Reading: Will Ethereum Reach $250,000 Before Bitcoin? Here’s What Needs To Happen For instance, the Bollinger Bands often experience a “squeeze” (as seen in the highlighted Solana price chart) or contraction during low-volatility periods, typically preceding a sharp price breakout. As shown in the chart below, the indicator on the SOL 3-day chart is forming a tight range between $77 and $94. Martinez noted that this Bollinger Band squeeze on the high timeframe could serve as a “coiled spring.” Comparing the indicator’s recent contraction to the mechanics of a coiled spring, the market analyst said that the longer the Solana price stays within the $77-$94 range, the greater the momentum it builds toward an eventual breakout. While this optimistic outlook suggests a potential buying opportunity for investors, Martinez fired what seemed like a warning against taking a position around the current price region. According to the crypto analyst, the $77-$94 represents a “no-trade zone” for the Solana price. Martinez wrote on X: Chasing candles inside this consolidation often leads to being chopped up. Instead, we are looking for a clean 3-day candle close outside the bands that could trigger a volatility spike. Ultimately, the Solana price seems poised for a major upward move over the coming months. Nevertheless, investors might want to exercise some patience when positioning for the next SOL move. Solana Price At A Glance As of this writing, the price of SOL stands at around $86.26, reflecting a mere 0.2% jump in the past 24 hours. According to CoinGecko data, the altcoin is down nearly 3% over the last 7 days. Related Reading: XRP Spot Buyers Are Getting Stronger While Futures Traders Are Selling – Learn What That $700M Split Means Featured image from Getty, chart from TradingView
In a crypto landscape increasingly defined by fragmentation, the idea of unified liquidity is gaining traction, and Solana is positioning itself at the center of that conversation. Solana Foundation president explained that the network’s architecture was intentionally designed to keep liquidity on a single, high-performance layer rather than splitting it across multiple chains, bridges, and isolated environments. How Unified Liquidity Improves Market Efficiency The Solana Foundation president Calilyliu claimed that SOL is built for unified liquidity. According to a post on X, Calilyliu stated that no matter how advanced a technology may be, no participants is ever bigger than the market itself, and the most important thing in finance is liquidity. Related Reading: Solana Foundation Launches Developer Platform — TradFi And DeFi Giants Join The Push In an interview at the Solana Policy Institute’s Washington x Wall Street Summit, she highlighted that the market will always win, liquidity will always win, and people will ultimately trade off everything to participate in the largest market. Meanwhile, the scale of that opportunity to create a marketplace is unprecedented, with an estimated 5.5 billion people connected to the internet. There is no isolated pool of liquidity that will be larger than SOL. SOL’s architecture aims to support a single, global marketplace accessible to anyone online, which reinforces the network as the preferred infrastructure. By prioritizing unified liquidity from the start, SOL positions itself as the number one network designed for the full scale of the financial market. A New Foundation For Autonomous AI Agents To Operate On Solana In a recent post on X, SAEP introduced the agent economy protocol on Solana, a foundational infrastructure layer designed to enable autonomous artificial intelligence (AI) agents to operate as independent economic actors on SOL. Related Reading: Solana Value Proposition Extends Beyond Tech Into Economic Infrastructure Today, AI agents are already capable of executing tasks and generating real economic value, but they rely on centralized APIs and human-controlled wallets. There is no trustless framework that allows an agent to natively hold funds, take a job, verify completion, or resolve disputes without human intervention. SAEP is built to remove that limitation. At its core is a system of 10 interconnected Anchor programs that collectively define a machine-native economy. Agents are given on-chain identities, paired with staked reputation, and enforced through slash timelocks. At the financial layer, agents are equipped with sovereign PDA treasuries with programmable sending rules. SAEP also introduces a permissionless task marketplace, where agents can discover and execute jobs with atomic jito-bundled escrow. Payment is conditional and trustless, released only when Groth16 zero-knowledge proofs verification confirms that the required work has been completed. In case of conflict, SAEP integrates Switchboard VRF-powered dispute resolution, where bonded jurors and on-chain are randomly selected to arbitrate outcomes. Beyond execution, SAEP embeds governance, staking, and fee distribution directly into its architecture, creating a fully integrated economic system from day one. Lastly, security is enforced through audit-gated development, a 4-of-7 multisig, and a 7-day upgrade timelock. Featured image from iStock, chart from Tradingview.com
The crypto market is buzzing after new speculation about a potential collaboration between Solana (SOL) and XRP spread across social media. This comes alongside claims of a wrapped XRP (wXRP) expansion into Solana-based decentralized finance. The developments have fueled debates among traders and analysts, with some pointing toward potential liquidity shifts and others highlighting their bullish impact on prices. If true, an integration between Solana and XRP could be the catalyst the market has been anticipating to push them toward much higher valuations. Solana Drops “XRP” Bomb On X The team behind the Solana blockchain has triggered widespread discussion across the crypto market after a recent X post that referenced XRP. The post featured a short video accompanied by the curt text “XRP,” which immediately captured the attention of the Solana and XRP communities and generated over 1.8 million views at the time of writing. Related Reading: Here’s How Solana And XRP ETFs Have Performed Compared To Bitcoin And Ethereum Many traders and analysts tried interpreting the cryptic post, with some questioning whether a deeper connection between the two blockchain ecosystems was being hinted at. Solana later followed with an even more teaser-like message, declaring that it was “time to flip the switch.” This further intensified debates and speculation that something significant could be coming for XRP and Solana. Despite the excitement and chatter, there has been no official confirmation of a partnership or technical integration between Solana and the XRP Ledger (XRPL). Much of the reaction has come from interpretations within the crypto community, where cryptic marketing posts are often treated as potential signs of upcoming developments. Some community members believe that Solana’s message could point to future interoperability or a merger between the two ecosystems. Others argue it may be attention-driven content designed to engage both the Solana and XRP communities without any underlying technical announcement. At the same time, some claim that a potential partnership or integration could be bullish for both cryptocurrencies’ prices. Whatever the case, the Solana-related activity remains speculative and has not been backed by formal documentation from either ecosystem. A Possible Integration Between Solana And XRP Separately on X, a pseudonymous crypto analyst, SMQKE, has drawn attention to a potential expansion of XRP utility on Solana-based DeFi platforms. The analyst shared a screenshot of a digital assets report published by AmplifyETFs, suggesting that XRP is poised to expand its functional use through the introduction of a wrapped XRP asset designed to operate within Solana’s decentralized applications (dApps). Related Reading: XRP Is At A Critical Decision Point, But Can Price Still Rally To $2? SMQKE noted that the wXRP is backed 1:1 by native XRP and will be held in regulated custody through Hex Trust, with interoperability enabled by infrastructure connected to LayerZero, an omnichain protocol. The structure allows XRP holders to move value into the Solana ecosystem while maintaining the ability to redeem it back into native XRP on its ledger. The significance of this development is that it could potentially extend XRP beyond its traditional role in payments and settlement. By becoming available within Solana DeFi platforms, XRP could be used in lending markets, liquidity pools, and trading systems that are more active than those typically associated with its native network. Featured image from Medium, chart from Tradingview.com
Solana is entering a critical phase as price action tightens within a defined range, signaling that a major move could be on the horizon. With the broader correction nearing completion and key levels coming into focus, market structure suggests that a breakout may be brewing as momentum begins to shift. $49 Emerges As Critical Support—Can Bulls Defend The Structure? According to crypto analyst Ali Charts, the broader market noise often obscures the underlying technical reality of Solana. By zooming out to a higher timeframe, the governing structure of the asset becomes remarkably clear. Currently, Solana is trading within a well-defined ascending channel, a formation that has been dictating its long-term trajectory and providing a roadmap for its price action. Related Reading: Solana Breakdown Risk Builds As $94 Supply Zone Crushes Momentum At the top of the current range, $108 has emerged as the immediate macro resistance level. This price point represents a significant hurdle for the bulls, as evidenced by recent market behavior. Ali Charts notes that Solana has struggled to break and maintain any meaningful momentum above this threshold, making it the primary barrier to further upside. While macro resistance looms overhead, the analyst identifies $49 as the current main support level for SOL. Interestingly, this $49 mark aligns perfectly with the mid-range of the established ascending channel. This positioning suggests that as long as the price remains above this level, the asset is maintaining a healthy position within its long-term bullish structure. The interplay between the $49 support and the $108 resistance defines the current battlefield for Solana. By focusing on these specific structural levels rather than short-term fluctuations, traders can better understand the asset’s health. Bearish Doubts Fade As Solana Nears End Of ABC Correction In a recent update, crypto analyst XForceGlobal revealed that despite earlier pushback from Solana holders against a bearish outlook, price action is now beginning to validate that perspective. The asset is nearing the completion of its macro ABC corrective structure, suggesting that the prolonged pullback phase may be coming to an end. Related Reading: Solana’s Deep Correction Could Be The Catalyst For Its Biggest Rally Yet Such a development is increasingly viewed as a positive signal, particularly as it aligns with the broader crypto market structure, where multiple assets are showing signs of a bullish continuation. The synchronization across higher timeframes adds weight to the idea that Solana could soon transition out of its corrective phase and into a more constructive trend. Based on the current structure, Solana’s correction is either already complete or in its final stretch, with the possibility of one last low before a reversal takes shape. If that final leg plays out, it could act as a liquidity sweep before momentum shifts, setting the stage for a stronger and more sustained upside move. Featured image from Pngtree, chart from Tradingview.com
Solana (SOL) is flashing warning signs after a sharp rejection at the $92–$94 supply zone halted its recent upside attempt. Momentum has quickly faded, with price now slipping back toward key support levels as sellers tighten their grip. With SOL caught between a weakening structure and critical support below, the risk of a deeper breakdown is growing, making the next move a decisive one for short-term direction. Solana Stuck In A Tight Range As Pressure Builds Ali Martinez highlights that Solana remains stuck within a well-defined consolidation channel, with price action compressing after months of sustained pressure. SOL’s price has now drifted toward the lower boundary of this range, and the next 48 hours could be pivotal in shaping the broader trend for the rest of April. Related Reading: Solana Flashing Mixed Signals: $105 Breakout Or Double-Pair Collapse Ahead? The current channel structure is clearly defined, with resistance sitting at $96.04 and support established at $76.66, while price hovers around $79.11. Trading near support often signals a moment of truth, where either buyers step in to defend the level, or sellers take control and force a breakdown. If the $76.66 support level holds firm, a classic double bottom or channel bounce scenario could emerge. Such a move would likely spark a relief rally, with upside targets at $81.00 and then $85.00, where the 50-day SMA presents a key resistance zone that could slow momentum. On the flip side, a decisive daily close below $76.66 would invalidate the channel structure and confirm bearish pressure. In that case, downside targets come into focus, with a potential drop toward the year-to-date low at $68.54 and possibly even the psychological $50 level. SOL Holds Steady Within Accumulation Range In a recent Solana daily update shared on X, analyst R4 XBT highlighted that the asset remains firmly within an accumulation phase. Despite broader market fluctuations, Solana’s price action is currently being sustained at the 50-day Moving Average (MA50). This specific level is serving as a critical foundation for the current price structure, keeping the long-term bullish thesis intact while the market consolidates. Related Reading: Solana (SOL) Momentum Explodes as $100 Barrier Comes Into Focus The current positioning at the MA50 represents a pivotal technical test for the token. Currently, the market is closely watching this zone to determine whether the current accumulation period has sufficient strength to support a successful liftoff. If Solana successfully clears the MA50 resistance, it could signal the end of the consolidation period and a breakout from the accumulation zone. Overcoming this hurdle would likely clear the path for more significant upside potential. Traders are currently seeking a decisive close above this level to confirm that the path for a sustained rally has finally been opened. Featured image from iStock, chart from Tradingview.com
Solana is entering a critical phase as price action tightens within a narrowing range, signaling that a major move may be close. With volatility compressing and key levels clearly defined, the market appears primed for a decisive breakout or breakdown in the sessions ahead. Compression Phase Signals Imminent Volatility Spike Solana remains under notable pressure but is attempting to stabilize around a crucial support zone. According to MakroVision Research, price action in the short term is beginning to compress into a tight range, even as the asset continues to trade beneath key descending trendlines that maintain a bearish structure. Related Reading: Solana’s Deep Correction Could Be The Catalyst For Its Biggest Rally Yet On the upside, $85 stands as the first major hurdle, combining both horizontal resistance and the weight of the ongoing downtrend. A move beyond $98, which marks the most recent lower high, would offer a stronger shift in momentum and improve the overall outlook. Furthermore, a break above $117 would significantly strengthen the structure, signaling a more convincing recovery phase. On the downside, the $75.5 to $78 region remains the most critical support zone. Early signs of stabilization are emerging within this range, suggesting that buyers are attempting to defend it. However, any decisive breakdown below this area would likely reinforce bearish sentiment and open the door for increased selling pressure. Price structure shows Solana trading within a tightening range just above support, while a minor ascending formation develops. Despite that, the broader trend remains capped by descending resistance lines, indicating that a full reversal has yet to take shape. A breakout from this compression is expected to define the next significant move. Solana Ascending Formation Emerges Within A Constrained Range Analyzing the current chart structure, the analyst highlighted that Solana continues to trade within a tight range just above its key support zone. Within this consolidation, a smaller ascending structure is gradually forming, suggesting that buyers are attempting to build momentum and create a base for a potential move higher. Related Reading: Solana (SOL) Hits Key Support, Will Bulls Hold the Line? However, upside progress remains limited as price action continues to trade beneath the dominant red downtrend lines. These descending resistance levels are still firmly in control, capping rallies and preventing a clean shift in short-term market structure. Until these barriers are broken, any upward movement risks being viewed as temporary relief rather than a confirmed reversal. Meanwhile, a strong and impulsive breakout above the $85 level would mark the first meaningful bullish signal, potentially paving the way for an extended move toward the $95 level and beyond. Conversely, if the support zone gives way, selling pressure could intensify rapidly, increasing the likelihood of a fresh downward leg as the broader bearish structure reasserts control. Featured image from Adobe Stock, chart from Tradingview.com
Solana recent pullback may look like weakness on the surface, but it could be laying the groundwork for something much bigger. Following an extended bullish run, the ongoing correction is resetting momentum, taking out weak hands, and driving the price toward key demand zones. If history is any guide, such deep retracements often precede powerful expansions, positioning SOL for a potential breakout that could surpass previous highs. Correction Phase Sets The Tone For Solana’s Next Move Solana is getting a much-needed reality check, as highlighted by Crypto Patel, who emphasized that the journey to $1,000 will be far from smooth. Despite the excitement surrounding a potential move to $1,000, current price action suggests the market is cooling off after a strong rally. Corrections often create opportunities, especially for patient investors willing to wait for better entries rather than chasing prices at elevated levels. Related Reading: What The Solana Open Interest Is Saying About The Cryptocurrency Right Now From a structural standpoint, signs of distribution have emerged following the recent uptrend. Key support lies between $70 and $50, with notable liquidity resting below the $60 level, an area that could be targeted for a sweep. A breakdown below $70 may accelerate downside momentum, driving the price toward the $50 zone. Market behavior continues to highlight the contrast between retail and institutional participants. Retail traders often become emotionally attached to ambitious price targets, while smart money waits for discounted entries. These deeper corrections tend to shake out weaker hands, setting the stage for a stronger and more sustainable expansion later on. Looking ahead, the short-term bias remains bearish below $70, with expectations of a possible move beneath $50. The $70–$50 range stands out as a key accumulation zone, while long-term projections still point toward $500 and eventually $1,000. The question now is whether investors are stepping in during the dip or holding out for even lower prices. SOL’s Impulsive Structure Signals Strong Macro Trend According to crypto analyst Osemka, Solana stands out as one of the clearest impulsive structures in the market, completing a textbook 1–5 wave move from December 2022 to January 2025. Such a strong impulsive phase often lays the foundation for a healthy correction before the next major trend unfolds. Related Reading: Solana Flashing Mixed Signals: $105 Breakout Or Double-Pair Collapse Ahead? Currently, SOL appears to be undergoing an ABC correction within a defined channel. Wave C is currently testing a high-timeframe support zone, while the RSI hints at a potential diagonal retest. Holding this level could be critical, as it may set the stage for a higher-timeframe reversal, with April emerging as a key period to watch. A confirmed reversal in Solana would not only signal strength for the asset itself but could also act as a leading indicator for the broader altcoin market. Featured image from iStock, chart from Tradingview.com
Solana is flashing mixed signals as price tightens beneath key resistance while early signs of momentum weakness begin to emerge. A clean breakout above $95 could ignite a swift move toward the $100–$105 zone, but fading RSI suggests underlying strength may be weakening. Pressure Builds As Solana Holds Firm Below Resistance Solana is tightening just beneath a resistance zone, and the pressure is becoming harder to ignore with each passing move. According to crypto analyst Marcus Corvinus, repeated rejections around the $92–$95 range have not triggered any meaningful breakdown so far. That resilience keeps the bullish structure intact despite multiple tests of resistance. Related Reading: Solana Key Indicator Flashes First Bullish Signal Since January – Market Rebound Incoming? An ascending trendline is steadily guiding the price higher. Buyers are stepping in earlier on each dip, preventing deeper pullbacks and gradually compressing prices into the resistance zone. Such action is rarely random; rather, it signals that strength is building beneath the surface as accumulation continues quietly. A clean break and sustained hold above $95 could act as a trigger for momentum to expand rapidly, potentially sending Solana toward the $100–$105 region in a relatively short time. On the flip side, if the ascending trendline gives way, it would open the door for a sharp drop into the $78–$75 demand zone, where buyers may attempt to regain control. Current conditions indicate a classic squeeze setup, where tightening price action often leads to a strong directional move. Once either side gives in, the resulting breakout or breakdown is unlikely to be gradual. Rare Divergence: Momentum Breaks On USDT While BTC Pair Holds In a recent analysis, Umair Crypto highlighted an emerging weakness in Solana’s structure, noting that the RSI on the USDT pair is already fading while the BTC pair has yet to follow. Once the point of control (POC) at $12,573 breaks, both pairs are likely to decline in sync, setting the stage for a broader move lower. Related Reading: Solana (SOL) Loses Critical Support as Crypto Weakness Deepens, Fresh Lows Ahead? Solana is showing a rare divergence, where the RSI trendline has broken on the USDT pair first, but the BTC pair still reflects strength. Under normal conditions, weakness tends to appear on the BTC pair. However, when the USDT pair leads, it suggests that momentum is deteriorating faster than relative strength can conceal. Price recently surged toward $97 and is now retesting the 50 SMA, but the move lacks strong volume support. A push toward $101 remains possible, and such a move could form a bearish divergence. Rather than strength, that scenario would likely act as a setup, hinting that upside may be limited. Once the BTC pair breaks below the $12,573 POC, both pairs are expected to lose structure simultaneously, creating a powerful double-confirmation signal that could accelerate downside momentum. Initial targets sit around $77, with a deeper move toward $67 also in play. Despite the US Securities and Exchange Commission classifying SOL as a digital commodity on March 18, the fading RSI suggests the market is not reacting with strength. Featured image from iStock, chart from Tradingview.com
Solana is attempting to stabilize after recent downside pressure, with the $85 level emerging as a key support zone. Price action is beginning to show early signs of base formation as bulls try to defend this area and slow the broader decline. While the short-term structure hints at a possible recovery attempt, a stronger shift in momentum will likely require a decisive push toward higher resistance levels. Solana Shows Early Signs Of Stabilization Near Key Zone In a recent technical brief, MakroVision Research highlighted that Solana is beginning to display early signs of stabilization following its recent period of weakness. While the broader market structure remains under pressure, current price behavior suggests selling momentum may be slowing, allowing the market to attempt a short-term recovery phase. Related Reading: Top Analyst Suggests Solana May Surpass XRP In Market Value: Here’s Why And When According to the analysis, Solana is presently consolidating just above the $85 level, a price zone that carries significant short-term importance. At the same time, the chart is forming a slightly rising structure characterized by gradually higher lows. As this pattern develops, the price is once again approaching the upper boundary of the formation, suggesting that market participants are testing whether enough momentum exists to push the price higher. Despite these constructive short-term developments, the broader trend remains bearish. Solana is still trading clearly below the descending red trendline, which continues to confirm the prevailing downtrend. $100 Trendline Break Could Signal Bullish Shift The analyst further stressed that a clear breakout above the descending red trendline around the $100 level would represent the first meaningful bullish signal for Solana in the current market structure. This suggests that buyers are beginning to regain control, potentially opening the door for a stronger recovery and a shift in short-term momentum. Related Reading: Solana’s Next Major Support Levels Sit At $50, $22, And $10: Analyst On the other hand, the outlook remains cautious as long as the price continues to trade below that key trendline resistance. If Solana approaches the $100 area but faces another strong rejection, it would reinforce the idea that the broader downtrend remains firmly intact. In the near term, Solana appears to be stabilizing after its recent decline and is attempting to build a potential base structure. The emergence of gradually rising lows suggests that buyers are starting to defend current levels, which could provide a foundation for a possible upward move if momentum improves. For the bullish scenario to gain traction, holding the $85 support level remains crucial. As long as this zone continues to act as a floor, the market retains the possibility of pushing higher. A sustained reclaim of the $100 level would be the real turning point to improving the overall technical outlook, while repeated rejections would confirm the existing downtrend. Featured image from iStock, chart from Tradingview.com
Solana (SOL), currently the seventh-largest cryptocurrency by market cap—trailing behind Bitcoin (BTC), Ethereum (ETH), USDT, Binance Coin (BNB), XRP, and USDC—may be on the path of surpassing its closest competitor, XRP. This potential shift is largely attributable to the intensifying infrastructure race between the two projects, as highlighted by market analyst Alex Carchidi from The Motley Fool in a Tuesday report. The Race For Tokenization Capital While XRP holds a larger market cap of approximately $87 billion compared to Solana’s $50 billion at the time of writing, both assets are vying to become the backbone for the tokenization of real-world assets (RWAs), such as stocks and commodities converted for trading on blockchains. Carchidi notes that Solana’s strengths lie in its speed and cost-effectiveness, making it particularly suited for managing tokenized assets that require rapid movement at scale—like stocks, bonds, and commodity contracts. The Solana platform currently has around $272 million in tokenized stocks circulating within its ecosystem, marking a 14% increase over the 30-day period that ended on March 5. Related Reading: What’s Fueling Hyperliquid’s Surge? HYPE Outperforms Top 100 Cryptos In Latest Rally Predictions suggest the total market value of tokenized stocks could climb to over $38 billion by 2035, up from about $1 billion today, indicating a substantial growth area ripe for competition. The argument for Solana’s potential to overtake XRP hinges on its aspiration to become the central hub for trading equities, exchange-traded funds (ETFs), and institutional funds around the clock—all at minimal costs. Carchidi asserts that Solana doesn’t necessarily need to capture 100% of the tokenized assets market to see significant price appreciation. Its current market cap is already so close to that of XRP’s that even a modest gain at XRP’s expense could tip the scales in Solana’s favor. Carchidi acknowledges that Solana may indeed flip XRP. However, the path for SOL to surpass XRP is not without challenges. XRP’s Edge Against Solana At present, the XRP Ledger (XRPL) holds approximately $453 million in tokenized assets specifically available for trading, rather than just for record keeping. The stablecoin base on XRPL is currently around $432 million. A substantial portion of XRP’s tradeable tokenized assets comprises US Treasury bills and government bonds valued at about $294 million. On the surface, this setup may not seem to threaten Solana’s growth trajectory. Yet, the analyst contends that XRP has its own advantages. Known for its speed and low transaction costs, XRP also benefits from a robust compliance infrastructure that is integrated into its blockchain. Related Reading: BitMine Acquires 60,000 ETH; Chair Discusses Outlook For Ethereum And Crypto Prices This allows financial institutions looking to tokenize assets—such as bonds, stocks, or securities—to avoid the time-consuming process of developing a compliance framework from scratch. As a result, XRP may attract more capital inflows related to tokenization over the next few years. Despite these challenges, the analyst believes that Solana would eventually outperform XRP in terms of valuation, possibly in 2030 and beyond, owing to its plans for a larger ecosystem. At the time of writing, Solana was trading at roughly $88.48, up 2.7% in the previous 24 hours. XRP, on the other hand, has surpassed SOL’s growth over the same period, with gains approaching 5% and the token trading at $1.43. Featured image from OpenArt, chart from TradingView.com
Solana has spent weeks compressing inside a tightening range, with price action forming a structure that suggests a breakout is brewing. As volatility contracts, pressure continues to build within the pattern. A decisive move above $88.60 could serve as the trigger bulls have been waiting for, potentially unleashing a sharp, impulsive rally as stored momentum is released. Volatility Squeeze On Solana — Triangle About To Resolve Solana has been trading within a tight sideways range for the past three weeks, gradually forming what appears to be a triangle pattern on the chart. Related Reading: Crypto Trader Predicts Solana 50% Price Crash To $30 If This Level Breaks According to More Crypto Online, a decisive break above the Sunday high at $88.60 would serve as the first clear indication that bulls are stepping back in with strength. Such a move would suggest that the triangle formation is nearing completion and could mark the beginning of a sustained upside breakout. Triangle patterns are particularly important because they often precede aggressive expansions. As price continues to coil within the structure, volatility contracts, and pressure build. This compression phase stores energy, increasing the probability that the eventual breakout will be forceful rather than gradual. Once price clears a key boundary, the release of that built-up momentum can trigger a sharp and impulsive move. 200 SMA And Range Hold Key To $85 Reclaim In a recent Solana analysis, Umair Crypto emphasized that the key level to watch is BTC’s pair 200 SMA and range structure. A sustained hold above these levels would open the door for an $85 reclaim. However, failure to maintain that strength would likely keep SOL trapped in the broader $77–$90 consolidation range, a scenario that has now persisted for 24 days, with no structural change since the initial call. Related Reading: Solana Reclaims $80 Amid Friday Market Bounce – Analysts Set Next Targets Structurally, the two pairs are telling different stories. On the USDT chart, SOL continues to print lower highs, signaling weakness. Meanwhile, the BTC pair is showing relative strength, forming higher highs and suggesting a more constructive trend. This divergence creates a pivotal moment where resolution could tilt either bullish or bearish, depending on which structure ultimately confirms. At present, the BTC pair has pushed above its range and reclaimed the 4H 200 SMA. However, Umair Crypto cautions that this setup has failed before, causing the price to slip back below the 200 SMA and re-entering the range, invalidating the breakout. For a true breakout scenario to activate, the BTC pair must hold above both the range and the 200 SMA with a clean retest. If that happens, strength could transfer to the USDT pair, making the $85 point of control a key reclaim target. If not, further rotation within the $77–$90 range remains the most likely outcome. In short: no confirmed hold, no confirmed breakout, BTC pair confirms, USDT executes. Featured image from Adobe Stock, chart from Tradingview.com
Solana (SOL) could be facing one of its most critical technical tests in recent months, with crypto trader Jussy warning that a breakdown at a key level could trigger a collapse toward prices not seen since previous bear market cycles. With the cryptocurrency trading above this level and forming two bearish patterns across multiple timeframes, the analyst has set two major crash targets for SOL. However, only one of these patterns could lead to a staggering 50% decline to $30 once the price breaks. Solana Bear Flag Pattern Signals Crash To $30 On Tuesday, February 24, Jussy took to X, warning crypto investors and traders that Solana could be heading toward a dramatic price collapse. The analyst notes that the leading smart contract token is currently at a critical support level of $76.57 on the price chart that could define its next bearish move. Related Reading: Wondering What’s Going On With Solana? Projects Are Taking Massive Hit As Price Plunges Looking at the daily chart, Jussy has identified a Bear Flag formation that has been developing since early February 2026. The pattern shows price consolidating within a descending channel after a steep sell-off from above $112, underscoring Solana’s continued downtrend over the past months. Should the $76.57 support level give way, the analyst projects a measured move from the Bear Flag pattern to $37.88, representing a potential decline of more than 50% from current levels. Jussy also said in his analysis that Solana is on a path to $30, suggesting the altcoin could fall even further to that level. Notably, the analyst’s bearish forecast arrives amid Solana’s recent price struggles, as broader market volatility and shifting investor sentiment weigh heavily on the sector. With the crypto bear market already in full swing, SOL has been trading sideways, mirroring the weak performance across major cryptocurrencies, including Bitcoin. CoinMarketCap’s data also shows that Solana’s price has fallen by more than 38% since the start of the year. While it was trending downward just last week, the altcoin has since staged a slight recovery from the $76 level, highlighted in Jussy’s chart analysis. As of writing, SOL is trading above $86, up more than 13% from the critical support level. Should upward momentum persist, it could signal a potential deviation from the analyst’s bearish $30 forecast. Triple Top Pattern Signals Lesser Decline To $60 For his second bearish forecast, Jussy highlighted that Solana has formed a Triple Top pattern on its four-hour chart. This pattern is characterized by three successive failed attempts to push higher, with each one printing at a lower peak than the last. The structure, visible across the January and February price action, suggests buyers have been steadily losing momentum after each recovery attempt. Related Reading: Here’s Why The Bitcoin, Ethereum, And Solana Prices Are Still Crashing Hard If the $76.57 support level breaks, Jussy sees a measured move from the Triple Top pattern down to $61.73 as Solana’s next target. A drop to this level would represent a roughly 19% crash from the support area. Featured image from iStock, chart from Tradingview.com
Solana’s (SOL) latest price decline is unfolding against a broader period of weakness across the digital asset market, with traders increasingly shifting toward risk-off positioning. Related Reading: Ready For A 443% Dogecoin Move? The Meme Coin Just Touched A Historically Explosive Level After weeks of steady losses, SOL has slipped below key technical levels, raising questions about whether current support can hold or if another leg lower is approaching. Market data shows declining trader confidence, rising short positioning, and weakening on-chain profitability. According to data tracked on CoinMarketCap, Solana recently traded in the high-$70 range after failing to maintain momentum above $95 earlier in the year. The move extends a six-week losing streak and places the asset near critical support zones that analysts say will likely determine the next directional move. SOL's price trends to the downside on the daily chart. Source: SOLUSD on Tradingview Derivatives Markets Signal Growing Downside Risk Open interest in Solana futures fell roughly 2% to about $5.09 billion, even as trading volume surged sharply. This combination often indicates liquidations rather than fresh buying activity. Also, funding rates have turned negative, and the long-to-short ratio has dropped below 1, suggesting more traders are positioning for further dips. Short bias has also appeared among larger accounts despite retail traders maintaining leveraged long exposure on exchanges such as Binance and OKX. Analysts warn that this imbalance could increase the risk of additional volatility if support levels fail. Technically, Solana remains below major moving averages, while momentum indicators continue trending downward. RSI readings near oversold territory reflect sustained selling pressure rather than confirmed reversal signals. On-Chain Data Shows Weakening Holder Confidence On-chain metrics support the cautious outlook. Figures from Glassnode indicate that only about 20% of Solana addresses are currently in profit, the lowest level since late 2023. During previous market downturns, similar readings appeared closer to capitulation phases, suggesting downside risk may not yet be exhausted. Long-term holder accumulation, which strengthened earlier in the year, has slowed notably as the price dropped below $100. Analysts interpret this as declining conviction among investors who previously absorbed supply during pullbacks. Key Levels Traders Are Watching Chart data shows immediate support clustered between $75 and $67. A decisive break below this region could expose lower targets near $62 or even $60 if selling accelerates. On the upside, recovery attempts face resistance around $82–$83, where a bearish trend line has formed. Related Reading: Political Meme Coins Implode: TRUMP Down 92%, MELANIA Nearly Wiped Out Solana’s outlook hinges on whether buyers can defend the February lows. Without a sustained reclaim of higher resistance zones, market structure suggests the broader downtrend remains intact as crypto market uncertainty continues to weigh on sentiment. Cover image from ChatGPT, SOLUSD chart on Tradingview
The crypto analyst who warned Solana (SOL) traders to sell near the cycle top at $250 is back with a new outlook after the market validated his earlier call. Crypto Patel says the decline in SOL’s price following his $200-$250 exit zone has now created the conditions for a new long-term opportunity, but only if another key level gives way. His latest chart frames Solana’s price action as a repeatable cycle of euphoric expansion and sharp correction before the next major rally. Crypto Patel Shares New Solana Price Prediction In a recent post on X, Crypto Patel reminded community members that when Solana was trading near its peak between $250 and $200, most investors were projecting a run to $1,000. Instead, the price reversed from a high around $295 and collapsed to near $67, marking a massive 77% drawdown from the top. Related Reading: Here’s Why The Bitcoin, Ethereum, And Solana Prices Are Still Crashing Hard Now, the analyst is presenting a new outlook, warning of a potentially similar decline in Solana’s price this cycle. He notes that Solana is now testing the $85 level, which corresponds to the 0.382 Fibonacci retracement on the chart. The zone has acted as a temporary support; however, it remains structurally weak given the broader trend of lower highs since the peak. The analyst suggests that if Solana fails to break $85, its price could slide into the $50- $30 range, extending its decline over the past two years. He has labeled this area as a strong Fair Value Gap (FVG) accumulation zone based on historical demand and volume behavior. The accompanying chart also maps prior expansion phases in which Solana surged by thousands of percent after long consolidation periods. In the 2021 bull cycle, price rallied by more 24,234.55% and then declined by 97.01% the following year. Crypto Patel’s current projection places Solana in a similar expansion and corrective phase. The cryptocurrency has already experienced its expansion stage in 2024, when its price jumped by more than 3,699% to a peak of around $295. Now the analyst predicts an upcoming correction, where price is expected to decline by a whopping 89.44% in mid 2026. Long-Term Targets Remain Intact Despite Correction Despite the bearish short-term outlook, Crypto Patel has not abandoned his long-range bullish projections for SOL. He maintains that once the corrective phase is complete, Solana could still target the $500– $1,000 range. His chart projects a sharp upward surge toward the $1,000 level by 2027, representing a massive 3,103% surge. Related Reading: XRP, Solana Secure Inflows As Institutions Move $1 Billion Out Of Bitcoin And Ethereum Going further, the analyst also shared his bullish price projection for Solana by late 2029. He expects that once the price hits $1,000, SOL could rally strongly and steadily toward $10,000. He has marked $9,270 as the next long-term target, reflecting a rally of approximately 27,660%. Featured image from Freepik, chart from Tradingview.com
While digital asset funds recorded significant capital outflows for a fourth consecutive week, Solana (SOL) has become one of the few assets still attracting fresh investment. Related Reading: After Extreme Pessimism, Crypto Market Conditions Begin To Stabilize: Analysts Similarly, the SOL price action shows the token locked in a tight consolidation range around $85, leaving traders watching closely for a decisive move. Recent data also shows Solana ETFs pulled in roughly $31 million in weekly inflows, even as broader crypto investment products lost $173 million. SOL's price trends to the downside on the daily chart. Source: SOLUSD on Tradingview Solana ETF Inflows Stand Out Amid Broader Market Withdrawals According to flow reports, crypto funds have faced sustained selling pressure, with the United States leading withdrawals while Europe and Canada recorded inflows. Despite the broader risk-off environment, Solana attracted new capital alongside a small group of alternative assets. The inflows suggest continued institutional interest through regulated investment vehicles, which typically require spot exposure or derivatives hedging tied to the underlying asset. Analysts note that such flows can provide steady demand, even when short-term market sentiment remains uncertain. However, ETF demand has not yet translated into a clear price recovery. Solana continues trading within a compressed range between roughly $77 and $90, signaling indecision among market participants. SOL Price Holds Key Support as $92 Remains Critical Resistance Technically, the SOL price has entered a consolidation phase after failing to maintain momentum above $90. The token is currently trading above the $85 region, supported by buyers defending the $82 level. Short-term charts show a rising channel forming, with resistance near $88 and a major barrier at $92. Analysts widely view a confirmed breakout above $92 as necessary to trigger a stronger rally, with potential upside targets around $95 and $102. On the downside, failure to hold support could expose lower levels near $76.50 or even $72. Some technical models also point to a bearish flag, suggesting a possible 25% decline to the mid-$60s if selling pressure accelerates. Momentum indicators present mixed signals. Oversold readings across several oscillators indicate selling exhaustion may be developing, yet trend-strength indicators still confirm that a broader downtrend remains intact. Network Growth and Long-Term Outlook Keep Bulls Interested Despite price weakness, on-chain developments continue to draw attention. Total value locked on the network has reached new highs, and institutional experimentation with the blockchain has expanded, signaling ongoing ecosystem activity. Related Reading: Bitcoin Bull-Bear Cycle Indicator Drops To Deepest Level Since FTX Bottom Longer-term projections remain divided. Some analysts see evidence of reaccumulation patterns that could support a recovery if key resistance levels are reclaimed, while others warn macro conditions and declining risk appetite may limit upside in the near term. Cover image from ChatGPT, SOLUSD chart from Tradingview
Solana is tightly compressed inside a defined range after sweeping liquidity on both sides. With volatility fading and pressure building, the current structure suggests a major breakout move could be approaching. $77–$90 Range Remains Firmly Intact Solana remains locked inside a well-defined $77–$90 range, with the broader outlook suggesting that any major resolution is more likely to unfold to the downside toward $57. According to Umair Crypto, the price has been consolidating within this band for the past 11 days, with liquidity already swept on both ends. That behavior signals a balanced market environment rather than a trending one. Related Reading: Solana Funding Rates Hit 17-Day Negative Streak — What This Means For Price Currently, Solana is trading below the range’s point of control (POC), which introduces slight short-term bearish pressure. However, from a structural standpoint, the market remains in choppy consolidation. A short-term move toward $81–$82 remains possible for another rotation higher, and even a marginal push toward $93 could occur if the highs are taken again. Still, unless $90 is decisively reclaimed and flipped into support with strong volume, such moves would likely qualify as deviations rather than sustainable breakouts. For now, the primary expectation is continued consolidation before a larger expansion phase begins. If the range ultimately resolves to the downside, $57 stands out as the broader target. Until a clear structural shift occurs, this remains a range-trading environment, not trend-trading. Solana Wyckoff Reaccumulation Unfolding After Brutal Downtrend Trader Tardigrade recently shared a detailed outlook suggesting that Solana is undergoing a classic Wyckoff Reaccumulation pattern after its prolonged and exhausting grind lower. Following months of distribution-like price action and volatility, the current structure appears to be transitioning into a base-building phase that could eventually support a larger cycle advance if key levels continue to hold. Related Reading: Solana (SOL) Trades Heavy Below $90 As Breakdown Risk Grows According to the breakdown, Phase A began with a Selling Climax (SC) near $110 in August 2024, followed by an Automatic Rally (AR) toward approximately $264. Phase B then unfolded through multiple Secondary Tests (STs), alongside a notable Upthrust After (UA) fakeout near $295. Phase C appears to have completed with a Spring formation around the $68 level in early 2026 — a sharp wick rejection that likely swept liquidity before reversing. The market is now potentially entering Phase D, which would require Solana to firmly hold above $95 for a confirmed Sign of Strength (SOS) rally. If this structure continues to play out as outlined, projected upside targets include a Last Point of Support (LPS) near $150, a Backup (BU/LPS) zone around $250, and eventually a broader markup phase that could extend toward $350–$500 or higher. However, the bullish thesis remains conditional; SOL must continue to defend the Spring low and demonstrate constructive volume behavior to validate the larger cycle advance. Featured image from Freepik, chart from Tradingview.com
Solana’s (SOL) recent price action has put traders on alert once again. After sliding to multi-month lows near the lower-$80 range, SOL staged a sharp rebound of more than 6% in a short period, briefly easing fears of an immediate breakdown. Related Reading: Bitcoin Could See New Drop To $60,000 Despite Bounce – Here’s The Level To Defend However, the recovery has done little to settle the broader debate. Analysts now see Solana caught between fragile support and overhead resistance, with the $98–$108 zone emerging as a key upside test if momentum can hold. Despite the bounce, market conditions remain cautious. SOL is still trading well below former support levels that have flipped into resistance, and several technical and on-chain indicators suggest the market has not yet found a clear directional bias. SOL's price trends to the downside on the daily chart. Source: SOLUSD on Tradingview Support Holds, but SOL Trend Remains Weak Solana is currently consolidating around the $83–$87 area, a zone many analysts view as critical short-term support. Multiple reports highlight that SOL has lost its prior monthly support between $98 and $100, confirming the broader downtrend remains intact. Price structure continues to show lower highs and lower lows, and SOL is trading below key moving averages, reinforcing bearish control. At the same time, oversold signals are beginning to appear. The Relative Strength Index on higher timeframes has dipped into levels that historically coincided with stabilization phases. Some analysts also point to the Money Flow Index nearing extreme readings, suggesting selling pressure may be losing intensity, even if buyers have yet to step in decisively. If the $85 area fails, downside targets cluster around $78–$80, with deeper support cited near $70. These levels align with historical demand zones observed during previous drawdowns. Solana ETF Outflows and On-Chain Signals Add Pressure On-chain data has added another layer of complexity. More than 1 million SOL reportedly left centralized exchanges over a 72-hour period, a move analysts interpret as stress-driven repositioning rather than clear accumulation. In parallel, Solana-linked ETFs recorded roughly $11.9 million in net outflows, the second-largest on record. Historically, large ETF outflows have sometimes appeared near capitulation phases, but they also limit near-term upside by reducing institutional participation. Long-term holder data further shows accumulation slowing, removing a source of price support that has cushioned past declines. Why $98–$108 Matters for Bulls Looking ahead, analysts agree that any meaningful recovery must reclaim the $98–$108 region. This zone represents both former support and a psychological barrier near $100. February forecasts from several market trackers suggest SOL could trade within this range if it stabilizes above current levels. Related Reading: Bernstein Calls Bitcoin Crash A ‘Crisis Of Confidence,’ Maintains $150,000 Target A sustained move above $108 could open the door to a broader trend reassessment, while repeated rejection would reinforce the prevailing bearish structure. Solana remains in a wait-and-see phase, with traders closely watching whether support holds, or whether another leg lower comes before a durable base is formed. Cover image from ChatGPT, SOLUSD chart on Tradingview
Solana has suffered a sharp sell-off that’s left its chart looking fragile, with price sliding straight into a key demand zone. Despite the drop, big money remains notably cautious, signaling that institutions may be waiting for clearer direction before stepping in. Solana’s Sharp Breakdown Leaves the Weekly Chart on Edge AltCoin Việt Nam noted that Solana has already suffered a sharp sell-off, a move that is clearly reflected on the weekly chart. Price dropped aggressively from the higher range and is now trading around the $90–93 zone. The bounce so far appears weak, and volume is not signaling strong participation from large buyers stepping in to defend the move. Related Reading: Solana Accumulation Narrative Strengthens With Big Institutions, A Rally Imminent? What stood out most in the update was the behavior of institutional players. Despite the lower prices, institutional ETFs have shown little interest in accumulating SOL in this zone. This contrasts sharply with earlier phases, when they were buying aggressively at much higher levels. Addressing questions from the community about whether institutions “knew” the crash was coming, AltCoin Việt Nam explained that this is not necessarily the case. Instead, institutional behavior simply differs from that of retail traders. Their decisions are driven more by trend structure, liquidity conditions, and capital flows than by attempts to predict exact price bottoms. Firstly, ETFs typically do not dollar-cost average in the same way retail investors do. When momentum is strong and inflows are active, they are willing to buy at higher prices to maintain exposure. However, once the trend breaks and volatility rises, waiting for clarity becomes more important than trying to catch the bottom. For institutions, entering at the right time with renewed momentum matters far more than buying at the lowest possible price. Finally, AltCoin Việt Nam highlighted that ETF accumulation is also dependent on capital inflows. Without fresh money entering the funds, there is little incentive or ability for them to add positions, even at discounted prices. For retail participants, the approach may differ. Short-term traders should not expect immediate institutional support, as large players currently have no urgency to step in. Step-Down Decline Brings SOL Into Key Demand Zone According to an update by BitGuru, Solana has been moving lower in a series of step-down declines, reflecting sustained bearish pressure. Price has now reached a key demand zone between $90 and $95, an area where buyers have previously stepped in to defend the market. Related Reading: Solana To Retest November Lows After $144 Rejection, But Analysts Remain Bullish BitGurun noted that selling pressure appears to be easing as SOL trades within this range, suggesting that the market is attempting to form a short-term base. If this demand zone continues to hold, BitGuru believes a relief move toward prior structural levels becomes increasingly likely. Such a move would represent a technical rebound rather than a full trend reversal. Featured image from iStock, chart from Tradingview.com