An analyst has pointed out where Solana support levels could lie based on a Parallel Channel forming in the asset’s weekly price chart. Solana Parallel Channel Could Indicate Support At These Levels In a new post on X, analyst Ali Martinez has discussed how support is looking for Solana from the perspective of a Parallel Channel that may be emerging in its 7-day price. Related Reading: XRP Triangle Could Point To Support Between $0.60 And $0.90 The “Parallel Channel” is a pattern from technical analysis (TA) that forms whenever an asset trades between two parallel trendlines. There are a few different ways a Parallel Channel can be categorized based on the orientation of its trendlines. Ascending Channels involve lines that are pointing up, while Descending Channels have a downward slope. These types correspond to periods of parallel consolidation to a net upside and downside, respectively. In the context of the current topic, the third and the most basic type is of interest: a Parallel Channel that’s parallel to the time-axis. As the price moves inside such a channel, it observes a phase of perfectly sideways action. Now, here is the chart shared by Martinez that shows the Parallel Channel that the weekly price of Solana has potentially been moving inside in recent years: As displayed in the above graph, Solana retested the upper level of the Parallel Channel a couple of times during 2025. Each time, the price ended up topping out and a decline followed. The upper line of a Parallel Channel is considered to be a source of resistance, so these rejections may have been signs of the pattern being in action. Since the latest rejection, SOL has been moving down in a sharp manner as the cryptocurrency sector as a whole has observed a bearish shift. So far, the coin is still contained inside the upper half of the channel, but if momentum weakens, it might end up traveling lower. According to the analyst, these levels could act as support in such a scenario: $50.22, $22.47, and $9.98. These levels correspond to a point 50%, 75%, and 100% down the channel, respectively. Solana last tested the lower-most of these levels during the bear market of the previous cycle. Back then, it had helped the cryptocurrency reach a bottom. It now remains to be seen which direction the asset will go next and if a retest of any of these levels will take place. Related Reading: Ethereum Still Undervalued As Bitcoin, XRP Sit Near Neutral, Santiment Says SOL isn’t the only cryptocurrency observing a Parallel Channel setup. As Martinez has highlighted in another X post, the monthly price of Stellar (XLM) has also been moving down such a pattern, with possible support levels existing at 0.147, 0.078, and 0.041. SOL Price At the time of writing, SOL is floating around $81, down 5.5% in the last 24 hours. Featured image from Dall-E, chart from TradingView.com
Institutional capital has transformed the cryptocurrency market dynamics, changing who participates and how digital assets are traded. The arrival of spot exchange-traded funds, corporate treasury allocations, and access through major brokerage platforms has pulled Bitcoin and Ethereum deeper into traditional finance. Vanguard, for instance, reversed its long-held anti-crypto stance just a few months ago, allowing trading in funds that hold Bitcoin, Ethereum, XRP, and Solana. However, talking about bad timing, these cryptocurrencies have struggled in the months following that policy change. Challenging Months For Institutional Investors The entrance of major asset managers such as BlackRock and Fidelity Investments was a structural turning point for Bitcoin. The January 2024 launch of Spot Bitcoin ETFs in the United States opened the door for pension funds, registered investment advisors, and other conservative capital pools to gain exposure without directly holding Bitcoin. These ETFs have accumulated billions of dollars in inflows, with custodians now holding a meaningful share of Bitcoin’s circulating supply. Related Reading: Here’s All You Need To Know About The Bitcoin Price This Week However, the past few months have been really challenging for investors. Notably, the last month of inflows into Spot Bitcoin ETFs was in October 2025, when it was pushing to new all-time highs above $126,000. Since then, it has been months of net outflows, and this has weighed down on Bitcoin’s price action. Same goes for Spot Ethereum ETFs, which recorded consecutive months of outflows since November 2025. Vanguard clients are likely among those feeling the impact most directly. In December 2025, US-based investment management company Vanguard reversed its anti-crypto stance and started allowing trading of ETFs and mutual funds that hold Bitcoin, Ethereum, XRP, and Solana. The availability of these crypto products on a major mainstream brokerage like Vanguard was a milestone for crypto investing. Vanguard manages over $12 trillion in assets and serves tens of millions of investors. Unsurprisingly, the price action of Bitcoin and other top cryptocurrencies initially reacted positively to the Vanguard news. However, the timing coincided with a downturn across the entire crypto market, which has been having a red 2026 so far. Since Vanguard’s rollout, Bitcoin’s price has fallen by about 30%, while Ethereum, Solana, and XRP have fallen by about 40% in the same period. Is Institutional Involvement A Threat Or A Sign Of Maturity? It is clear that institutional entry has not erased the volatile nature of crypto markets. Bitcoin and Ethereum are still subject to swings in investor risk appetite, although this is now at a larger scale. Therefore, the question of whether institutions are killing Bitcoin and Ethereum is based on perspective. Related Reading: Why Investors Are Not Buying Bitcoin And Ethereum Despite ‘Low’ Prices The presence of regulated ETFs means that downturns are now absorbed by a wider set of market participants. Companies like BitMine and Strategy are still in the business of huge purchases. New investor bases like this can help sustain prices over time. However, one thing is clear: cryptocurrencies like Bitcoin, Ethereum, XRP, and Solana are no longer fringe assets operating outside the traditional investment system; they now sit within it. This integration will even become more clear once the CLARITY Act is passed in the US. Featured image from iStock, 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 started a fresh increase above the $82 zone. SOL price is now consolidating above $85 and might aim for more gains above the $95 zone. SOL price started a fresh upward move above the $82 and $85 levels against the US Dollar. The price is now trading above $82 and the 100-hourly simple moving average. There was a break above a bearish trend line with resistance at $87 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $88 resistance zone. Solana Price Regains Traction Solana price started a decent increase after it settled above the $82 zone, like Bitcoin and Ethereum. SOL climbed above the $85 level to enter a short-term positive zone. The price even smashed the $88 resistance. The bulls were able to push the price above $90. A high was formed at $92, and the price is now consolidating gains. There was a minor decline below the 23.6% Fib retracement level of the recent upward move from the $75.64 swing low to the $92.05 high. Recently, there was a break above a bearish trend line with resistance at $87 on the hourly chart of the SOL/USD pair. Solana is now trading above $85 and the 100-hourly simple moving average. On the upside, the price is facing resistance near $88. The next major resistance is near the $92 level. The main resistance could be $95. A successful close above the $95 resistance zone could set the pace for another steady increase. The next key resistance is $100. Any more gains might send the price toward the $106 level. Downside Correction In SOL? If SOL fails to rise above the $88 resistance, it could start another decline. Initial support on the downside is near the $85.50 zone. The first major support is near the $84 level or the 50% Fib retracement level of the recent upward move from the $75.64 swing low to the $92.05 high. A break below the $84 level might send the price toward the $82 support zone. If there is a close below the $82 support, the price could decline toward the $78 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $85.50 and $84.00 Major Resistance Levels – $88 and $95.
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The cryptocurrency market staged a broad recovery on Wednesday, led by a sharp rebound in the Bitcoin price that pushed the digital asset close to the $70,000 level once again. Bitcoin climbed roughly 8% on the day, approaching a price zone that has acted as firm resistance since it was lost earlier this month. The renewed strength was not limited to Bitcoin. Ethereum (ETH) advanced 12%, XRP gained 8%, and Solana (SOL) surged 13%, reflecting a wider return of risk appetite across digital assets. Bitcoin Price Nears $70K As Altcoins Outperform Market experts suggest the bounce may be driven largely by investors stepping in after an extended period of weakness. Caroline Mauron, co-founder of Orbit Markets, told Bloomberg that the upward move likely reflects dip-buying activity following the recent selloff. She added that a decisive move back above $70,000 for the Bitcoin price could alter the broader market narrative, potentially restoring confidence after weeks of pressure. Related Reading: Bitcoin May Be In A Price Slump—But Adoption Is In A Bull Market Recent trading patterns also suggest a change in investor positioning. Although demand for cryptocurrencies in the US has softened in recent weeks, it seems that capital is now rotating into altcoins, as evidenced by the gains made by ETH, XRP and SOL, which have outperformed Bitcoin in the last 24 hours. Daniel Reis-Faria, chief executive officer of ZeroStack, noted that Bitcoin increasingly trades within the context of the broader financial system. When liquidity conditions tighten, he said, volatility tends to increase. In that environment, assets such as Solana — which he described as generating “real yield” — may prove more resilient than tokens that were previously driven primarily by momentum. Still, some analysts caution against interpreting the rebound as a definitive turning point. Is Bitcoin Forming A New Bottom? Alex Kuptsikevich, chief market analyst at FxPro, drew comparisons to the market environment in 2022, when a steep decline was followed by months of sideways consolidation before a sustained recovery eventually took hold. He observed that after the 2022 Bitcoin price downturn, it took more than a year for the market to regain and surpass prior highs, suggesting patience may be required this time as well. Galaxy Digital’s head of research, Alex Thorn, offered a nuanced view in his latest Bitcoin price outlook. He argued that the most intense phase of downside pressure is likely already behind the market. Among the supportive signals he cited were Bitcoin trading near its 200-week moving average (MA) and realized price, historically important technical levels. Related Reading: Expert Forecasts $5 Trillions Pouring Into Crypto Post CLARITY Act Passage In addition, more than half of all Bitcoin in circulation is currently underwater, the relative strength index has reached levels often associated with capitulation, and several other on-chain indicators are flashing signs that a bottom may be forming. However, Thorn also warned that even if the worst of the decline has passed, further challenges could lie ahead for the Bitcoin price. He said that market bottoms typically take time to fully develop, and prolonged sideways movement remains a possibility. A downturn in equities could exert additional pressure on digital assets, and the broader market still appears to lack a strong catalyst to drive sustained upside momentum. Featured image from OpenArt, chart from TradingView.com
Solana failed to settle above $85 and trimmed some gains. SOL price is now recovering losses from $76 and showing a few positive signs. SOL price started a decent recovery wave above $78 and $80 against the US Dollar. The price is now trading above $80 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $81 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $82 and $84. Solana Price Attempts Recovery Solana price remained stable and started a decent recovery wave above $78, like Bitcoin and Ethereum. SOL was able to climb above the $80 level. There was a move above the 50% Fib retracement level of the downward move from the $86.68 swing high to the $75.64 low. Besides, there was a break above a key bearish trend line with resistance at $81 on the hourly chart of the SOL/USD pair. However, the bears are active near $82.50 and the 61.8% Fib retracement level of the downward move from the $86.68 swing high to the $75.64 low. Solana is now trading above $80 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $82 level. The next major resistance is near the $84 level. The main resistance could be $85. A successful close above the $85 resistance zone could set the pace for another steady increase. The next key resistance is $92. Any more gains might send the price toward the $95 level. Another Decline In SOL? If SOL fails to rise above the $82 resistance, it could continue to move down. Initial support on the downside is near the $80 zone. The first major support is near the $79 level. A break below the $79 level might send the price toward the $77 support zone. If there is a close below the $77 support, the price could decline toward the $74 zone in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $80 and $77. Major Resistance Levels – $82 and $85.
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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
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Solana failed to settle above $92 and extended losses. SOL price is now consolidating losses below $85 and might struggle to start a recovery wave. SOL price started a fresh decline below $85 and $82 against the US Dollar. The price is now trading below $82 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $82 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $75 or $70. Solana Price Dips Over 5% Solana price failed to remain stable above $95 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $90 and $85 support levels. The price gained bearish momentum below $82. A low was formed at $77.30, and the price is now consolidating losses with a bearish angle below the 23.6% Fib retracement level of the downward move from the $86.68 swing high to the $77.30 low. Solana is now trading below $80 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $80 level. The next major resistance is near the $82 level or the 50% Fib retracement level of the downward move from the $86.68 swing high to the $77.30 low. There is also a key bearish trend line forming with resistance at $82 on the hourly chart of the SOL/USD pair. The main resistance could be $83.10. A successful close above the $83.10 resistance zone could set the pace for another steady increase. The next key resistance is $87. Any more gains might send the price toward the $92 level. More Losses In SOL? If SOL fails to rise above the $82 resistance, it could continue to move down. Initial support on the downside is near the $77 zone. The first major support is near the $75 level. A break below the $75 level might send the price toward the $70 support zone. If there is a close below the $70 support, the price could decline toward the $62 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $77 and $75. Major Resistance Levels – $80 and $82.
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
This lifetime transaction total includes about $3.5 billion in onchain trading activity across Solana, Ethereum, and TON.
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
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Crypto exchange-traded products (ETPs) have extended their negative streak to a fourth consecutive week after US market weakness pushed global funds to over $170 million in weekly outflows. Related Reading: Bitcoin Should Be Flying—Instead, Quantum Risk Keeps It Grounded: Analyst Crypto Funds Outflows Extend Amid US Weakness According to the latest CoinShares data, crypto-based investment products recorded their fourth week of outflows amid the negative market sentiment of the past month. In a Monday report, James Butterfill, head of research at CoinShares, shared that global crypto funds closed the week with negative net flows totaling $173 million, bringing cumulative four-week outflows to $3.47 billion. Notably, crypto ETPs recorded over $1.7 billion in outflows each of the last two weeks of January as the market sentiment shifted, marking the largest negative net flows since November 2025. Over the past two weeks, investment products have seen outflows of $187m and $173m, respectively. The latest figures suggest that the strong selling pressure has slowed, although it has not yet reversed despite improved market sentiment. “The week began on a more positive note, with inflows of US$575m, followed by outflows of US$853m, likely driven by further price weakness. Sentiment improved slightly on Friday following weaker-than-expected CPI data, with inflows of US$105m,” he detailed. Meanwhile, ETPs’ trading activity also dropped notably, with volumes falling to $27 billion from a record $63 billion recorded the previous week. Butterfill noted that the funds also saw a sharp regional divergence in sentiment between the US and the rest of the world. Per the report, the US saw $403 million in outflows last week, while all other regions recorded $230 million in inflows. Germany, Canada, and Switzerland registered the strongest performance, with inflows worth $114.8 million, $46.3 million, and $36.8 million, respectively. Altcoins See Selective Resilience As the report noted, the two leading cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), saw the worst performance among major assets. The flagship crypto had the weakest sentiment, recording $133 million in negative net flows, fueled by BlackRock IBIT’s $235 million in outflows. However, short Bitcoin investment products also recorded outflows, totaling $15.4 million over the past two weeks, “a pattern often seen near market lows,” Butterfill added. Related Reading: Bitcoin At $8,000? Michael Saylor Says Strategy Still Won’t Break Ethereum suffered $85.1 million in outflows, led by BlackRock ETHA’s $112.7 million, while Hyperliquid saw $1 million in outflows. On the flip side, some altcoin-based investment products saw positive sentiment, continuing to attract fresh inflows last week. Crypto funds based on XRP led the charge with $33.4 million in inflows, adding to the previous week’s $63.1 million positive flows. Solana ETPs followed second with $31 million inflows, a notable increase from the $8.2 million recorded the week prior, signaling confidence in these assets despite the broader trend. Featured Image from Unsplash.com, Chart from TradingView.com
Solana failed to stay above $90 and corrected gains. SOL price is still above $85 and might attempt another increase in the near term. SOL price started a downside correction below $90 against the US Dollar. The price is now trading above $85 and the 100-hourly simple moving average. There is a rising channel forming with resistance at $88 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $85 zone. Solana Price Starts Downside Correction Solana price failed to surpass $92 and started a downside correction, like Bitcoin and Ethereum. SOL dipped below $90 and $88 to enter a short-term bearish zone. There was a move below the 50% Fib retracement level of the upward wave from the $76.54 swing low to the $91.20 high. However, the bulls were active above the $82 support. The price is back above $85. There is also a rising channel forming with resistance at $88 on the hourly chart of the SOL/USD pair. Solana is now trading above $85 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $88 level. The next major resistance is near the $90 level. The main resistance could be $92. A successful close above the $92 resistance zone could set the pace for another steady increase. The next key resistance is $95. Any more gains might send the price toward the $102 level. Another Decline In SOL? If SOL fails to rise above the $92 resistance, it could start another decline. Initial support on the downside is near the $85 zone. The first major support is near the $82 level or the 61.8% Fib retracement level of the upward wave from the $76.54 swing low to the $91.20 high. A break below the $82 level might send the price toward the $76.50 support zone. If there is a close below the $76.50 support, the price could decline toward the $72 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $85 and $82. Major Resistance Levels – $88 and $92.
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
The British financial giant Standard Chartered sharply reduced its price outlook for XRP, the fourth-largest cryptocurrency. The company trimmed its end-of-2026 target by 65% following the severe downturn in the broader crypto market in the past month. The revision comes even as the altcoin posted a modest 2% rebound over the past week, trading around $1.47 per token at the time of writing. Despite that short-term recovery, the bank’s digital assets team now believes the token is unlikely to reach a new all-time high this year. New XRP Price Prediction The updated forecast was first reported on Monday by DL News, with Geoffrey Kendrick, Standard Chartered’s global head of digital assets research, outlining the changes in a note to investors. Related Reading: Can XRP Hold Above $1? Token Tumbles 11% as Breakdown Fuels Crash Concerns Kendrick, who leads the bank’s crypto research efforts, acknowledged that recent market conditions have forced a broad reassessment of price expectations across the sector. “Recent price action for digital assets has been challenging, to say the least,” Kendrick wrote. “We expect further declines near-term, and we lower our forecasts across the asset class.” Under the revised outlook, Standard Chartered now expects XRP to reach $2.80 by the end of 2026, a substantial cut from its previous $8 projection. The earlier target had been issued in December, when the bank took a far more optimistic stance. At that time, Kendrick pointed to increasing regulatory clarity surrounding XRP’s status as a financial asset, along with progress toward exchange-traded fund (ETF) products, as key catalysts that could drive significant price appreciation. Broad Forecast Cuts Across Major Tokens The $8 forecast was made roughly two and a half months after the sharp market crash on October 10, when sentiment had begun to stabilize. However, as February draws to a close, the broader crypto market has yet to mount a sustained recovery. That prolonged weakness has prompted Standard Chartered to reassess not only XRP but the wider digital asset landscape. Related Reading: Bitcoin Should Be Flying—Instead, Quantum Risk Keeps It Grounded: Analyst Bitcoin’s (BTC) expected price has been reduced from $150,000 to $100,000. Ethereum’s (ETH) forecast has been revised down from $7,000 to $4,000, while Solana’s (SOL) target has been cut from $250 to $135. Featured image from OpenArt, chart from TradingView.com
Solana (SOL) has been significantly affected by the bear market, reporting a price loss of 37.38% in the last 30 days alone. Despite the late price relief seen last week, the altcoin remains about 70% off its all-time high, reflecting the dominant selling activity of recent months. Notably, funding rates data suggest traders are yet to see an imminent end to this turmoil, as open interest positioning reflects strong conviction toward further downside. Related Reading: Solana Reclaims $80 Amid Friday Market Bounce – Analysts Set Next Targets Solana Bearish Funding Stretch Sets New Low In 2.5 Years Funding rates are periodic payments exchanged between traders in perpetual futures markets to keep the futures price aligned with the spot price of an asset. Funding rates show which side of the market is more crowded, buyers (longs) or sellers (shorts), and thus a good sentiment indicator. Negative funding rates suggest that short traders are dominant, with a higher percentage of market participants presently betting on a price fall. According to market analyst Ted Pillows, the Solana market has recorded a negative funding rate for 17 consecutive days, indicating that traders have been aggressively positioned on SOL for over two weeks. The market analyst explains that the bearish sentiment around Solana hasn’t touched these extremes in over 2.5 years. Therefore, this development is indicative of a sustained directional conviction and not regular market noise. However, there are two likely scenarios to develop from this concerning situation. Firstly, Solana may continue to bleed downward as spot buying pressure remains weak, combined with the sustained decline in macro risk appetite. On the other hand, the market might also experience a short squeeze marked by rapid upward price movement. This can be due to an exhaustion of selling pressure, after an overwhelming market majority opens short positions. In conclusion, while Solana traders and investors remain strongly bearish, there is still potential for reverse price moves to catch these overcrowded trades off guard. Related Reading: Bitcoin On-Chain Data Indicates High Volatility Ahead Following Post-CPI Reaction Solana Price Outlook At the time of writing, Solana trades at $88.01, reflecting a 3.81% gain in the last day. Meanwhile, the daily trading volume is down by 24.9% and valued at $2.89 billion. According to a renowned market analyst, Ali Martinez, data from the UTXO Realized Price Distribution (URPD) metric highlights key Solana price levels. While $85.55 was previously identified as a resistance zone, Solana’s move toward the $88 level suggests this region may now be flipping into a support area, reinforcing its importance as a short-term demand zone. Featured image from Nairametrics, chart from Tradingview
As the crypto market recovers, Solana (SOL) has bounced from a major level trendline and momentarily reclaimed a key horizontal level. Some analysts have signaled that a retest of a crucial short-term resistance could be coming, while others have warned that a breakdown to new lows remains possible. Related Reading: Ethereum $1,900 Retest Could Decide Next Major Move – Is ETH Preparing For New Lows? Solana Bounces From Two-Year Trendline On Friday, Solana bounced 10.3% to break past the $85 area for the first time in three days. The cryptocurrency has been hovering between $78-$88 over the past week, briefly falling to $67 during last Thursday’s correction. SOL lost the mid-zone of its local range after recent market volatility, falling below $80 on Thursday. However, Today’s rebound has sent the altcoin above these recently lost levels, setting the stage for a potential recovery. Amid this performance, market observer Daan Crypto Trades highlighted that the cryptocurrency has reclaimed the key $80 level, which has historically served as major resistance and support. To the trader, the Solana must hold above this area and form a base above it before “watching for a low-timeframe market structure break back to bullish.” Analyst Ali Martinez observed that sustained buying pressure could push SOL’s price toward the $88 level, not seen since the start of the week. The altcoin has been unable to break above this level since last week’s breakdown, becoming a key short-term resistance area. A breakout from this level could open the door for a retest of the $90-$96 zone, where the April 2025 lows are. Meanwhile, Crypto Batman noted that Solana is retesting its two-year descending trendline in the weekly timeframe, located around the recent lows. The chart shows that the macro trendline has been holding since early 2024 and has been tapped multiple times throughout the cycle. As the analyst explained, “Over the past 2 years, every time the price touches this level, a massive reversal occurs.” During this period, it has also marked the bottom of each major correction, with the latest retest taking place in Q2 2025 and leading to the following quarter’s rally. SOL Breakdown Still Coming? Despite the bullish outlooks, other market watchers have shared potential bearish forecasts for Solana if momentum weakens. Altcoin Sherpa warned that SOL could drop to $50 if selling pressure pushes the price below a crucial area. The chart shows that after losing the 200-week Exponential Moving Average (EMA), around the $121 mark, and the April 2025 lows, the key area to hold is the recently visited local range lows. As the analyst displayed, if the cryptocurrency fails to hold the $77-$78 price area, the next major historical support sits near the November 2023 breakout area, around the $51 mark. Market watcher Crypto Bullet suggested that Solana’s bottom may not be in yet, arguing that “those who bought BTC above $80k and SOL above $120 must stay trapped for a year or two.” Related Reading: LayerZero (ZRO) Soars 40% Amid Zero Blockchain Debut, Major Institutional Backing He affirmed that “returning to those levels anytime soon doesn’t make sense,” as the cryptocurrencies are in their markdown period. In an X post, he emphasized the market cycle phases, pointing out that the accumulation phase occurred between 2022 and 2023, while the distribution phase occurred between 2024 and the start of 2026. Based on this, the analyst’s chart shows that SOL could potentially find a bottom around the $40 area. As of this writing, Solana is trading at $84.17, a 2.5% decline in the weekly timeframe Featured Image from Unsplash.com, Chart from TradingView.com
Solana failed to stay above $90 and corrected gains. SOL price is now trading below $85 and might find bids near the $76 zone. SOL price started a downside correction below $85 against the US Dollar. The price is now trading below $82 and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $81 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $76 zone. Solana Price Starts Downside Correction Solana price failed to surpass $90 and started a downside correction, like Bitcoin and Ethereum. SOL dipped below $85 and $82 to enter a short-term bearish zone. There was a move below the 50% Fib retracement level of the upward wave from the $67.40 swing low to the $89.72 high. Besides, there is a bearish trend line forming with resistance at $81 on the hourly chart of the SOL/USD pair. Solana is now trading below $80 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $81 level and the trend line. The next major resistance is near the $82.20 level. The main resistance could be $85. A successful close above the $85 resistance zone could set the pace for another steady increase. The next key resistance is $90. Any more gains might send the price toward the $102 level. More Losses In SOL? If SOL fails to rise above the $82 resistance, it could start another decline. Initial support on the downside is near the $76 zone and the 61.8% Fib retracement level of the upward wave from the $67.40 swing low to the $89.72 high. The first major support is near the $72.50 level. A break below the $72.50 level might send the price toward the $68 support zone. If there is a close below the $68 support, the price could decline toward the $60 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $76 and $72.50. Major Resistance Levels – $81 and $85.
The Hyperlane Nexus Bridge will enable holders to transfer wBTC tokens between Ethereum and Solana, the team wrote in a press release.
The bank has also lowered price targets for Solana, XRP, BNB, and Avalanche, in addition to bitcoin and ether.
The XRP Ledger (XRPL) has overtaken Solana on one closely watched metric over the past month, flipping it in real-world asset tokenization, excluding stablecoins. Data from RWA.xyz indicate that the Ledger has approximately $1.756 billion in total on-chain real-world asset value, excluding stablecoins, compared with approximately $1.682 billion for Solana. While this gap is not […]
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AI bots will now be able to independently hold funds, send payments, trade tokens, earn yield, and transact onchain.
Solana failed to settle above $90 and trimmed some gains. SOL price is now facing hurdles near $88 and might decline again below $82. SOL price started a decent recovery wave above $78 and $82 against the US Dollar. The price is now trading below $85 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $85 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $85 and $90. Solana Price Faces Resistance Solana price remained stable and started a decent recovery wave above $72, like Bitcoin and Ethereum. SOL was able to climb above the $80 level. There was a move above the 50% Fib retracement level of the downward move from the $106 swing high to the $68 low. However, the bears are active near $90. The price is now moving lower below $88. There is also a key bearish trend line forming with resistance at $85 on the hourly chart of the SOL/USD pair. Solana is now trading below $85 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $85 level and the trend line. The next major resistance is near the $92 level and the 61.8% Fib retracement level of the downward move from the $106 swing high to the $68 low. The main resistance could be $96. A successful close above the $96 resistance zone could set the pace for another steady increase. The next key resistance is $105. Any more gains might send the price toward the $112 level. Downside Continuation In SOL? If SOL fails to rise above the $85 resistance, it could continue to move down. Initial support on the downside is near the $82 zone. The first major support is near the $80 level. A break below the $80 level might send the price toward the $75 support zone. If there is a close below the $75 support, the price could decline toward the $70 zone in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $82 and $75. Major Resistance Levels – $85 and $92.
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
Ripple has enabled staking for Ethereum and Solana within its institutional custody business, expanding beyond safekeeping to include asset servicing features that large investors increasingly consider standard. The new capability, delivered through a partnership with staking infrastructure provider Figment, enables Ripple Custody clients to offer staking on major proof-of-stake networks without setting up validator infrastructure. […]
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Solana failed to settle above $90 and remained in a range. SOL price is now facing hurdles near $90-$92 and might decline again below $80. SOL price started a decent recovery wave above $75 and $80 against the US Dollar. The price is now trading above $85 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $88 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $88 and $92. Solana Price Faces Resistance Solana price remained stable and started a decent recovery wave from $68, like Bitcoin and Ethereum. SOL was able to climb above the $75 level. There was a move above the 50% Fib retracement level of the downward move from the $106 swing high to the $68 low. However, the bears are active below $90. There is also a key bearish trend line forming with resistance at $88 on the hourly chart of the SOL/USD pair. Solana is now trading above $80 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $88 level and the trend line. The next major resistance is near the $92 level and the 61.8% Fib retracement level of the downward move from the $106 swing high to the $68 low. The main resistance could be $95. A successful close above the $95 resistance zone could set the pace for another steady increase. The next key resistance is $102. Any more gains might send the price toward the $112 level. Another Decline In SOL? If SOL fails to rise above the $92 resistance, it could continue to move down. Initial support on the downside is near the $84 zone. The first major support is near the $80 level. A break below the $80 level might send the price toward the $72 support zone. If there is a close below the $72 support, the price could decline toward the $68 zone in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $84 and $80. Major Resistance Levels – $88 and $92.