
Solana price is trading near $75.55 as SOL price continues to consolidate above an important support area. While the short-term structure remains constructive, traders are watching whether the $73-$75 region can continue to hold as buyers attempt to push price through nearby resistance.
Brave New Coin data shows Solana trading at around $75.55, up approximately 0.20% over the past 24 hours, with a market capitalization of roughly $44.03 billion and a daily trading volume of around $629 million.
Solana Structure Remains Positive Above $73-$75
Despite the recent sideways price action, the broader short-term structure has started to improve. Analyst Astekz described SOL price as choppy but technically positive, with price attempting to break away from a descending trendline while holding a horizontal support region.
The chart shows price consolidating directly around the breakout area rather than immediately rejecting lower. This keeps the possibility of a continuation move open if buyers can maintain control above the current base.
SOL is consolidating around a descending trendline breakout while holding its nearby support structure. Source: Astekz via X
For the bullish structure to remain intact, the $73-$75 region is particularly important. Sustained trading below this area would weaken the recent breakout attempt and increase the risk of another move towards lower support.
$78-$80 Resistance Remains the Immediate Test
The main short-term obstacle remains the resistance area around $78-$80. Alex Marzell highlighted that SOL price has already been rejected from this region multiple times, making the latest reaction another important test for buyers.
A previous rejection from the same zone led to a substantial move lower, and another confirmed failure could expose deeper support again. The analyst identifies the $60-$61 region as the next major demand area if selling pressure strengthens.
This makes the next reclaim attempt important for the Solana price prediction. A clean move back above $78-$80 would weaken the rejection setup and provide stronger confirmation that buyers are gaining control of the short-term structure.
Solana is testing a major resistance zone around $78-$80. Source: Alex Marzell via X
SOL Price Consolidates Above Previous Breakout Area
Another chart from Eliz shows SOL price consolidating directly above the $73-$75 region after breaking through a previously highlighted resistance area. The analyst notes that the earlier setup played out successfully, with SOL price reclaiming the level and moving higher before entering its current consolidation phase.
The latest structure is also supported by the Ichimoku Cloud, with price currently holding above the cloud area on the 4-hour timeframe. This suggests buyers are still defending the reclaimed zone, while a sustained move above the cloud could provide additional confirmation for continuation towards higher resistance.
Solana is holding above the $73-$75 breakout zone while trading above the Ichimoku Cloud support. Source: Eliz via X
As long as SOL continues to hold above the cloud and the $73-$75 support region, the short-term structure remains constructive. A successful reclaim of the $78-$80 resistance area would likely open the way towards the next upside targets around $85-$87.2.
Symmetrical Structure Targets $113
A more aggressive bullish scenario comes from analyst ray, who identifies a contracting structure forming around current levels. The chart shows Solana price compressing between descending resistance and rising support, with price now trading close to the apex. A confirmed upside breakout from this structure could lead to a much larger expansion.
A symmetrical consolidation pattern on SOL projects a potential breakout move towards approximately $113. Source: ray via X
The $100 level would represent the first major psychological target if momentum expands. Above that, the chart projects approximately $113 as the broader technical objective. However, this scenario still requires confirmation. SOL remains close to the pattern boundary, meaning rejection from current resistance could keep price trapped inside the broader range.
Analyst Sees $200 Potential Into 2027
The longer-term Solana price prediction remains considerably more bullish. Famous crypto analyst Sweep believes SOL price could trade near $200 next year, pointing to several fundamental themes that could support a broader recovery.
These include potential regulatory developments around the Clarity Act, continued growth in real-world asset tokenization, expanding stablecoin usage, and sustained activity around Solana-based memecoins.
A long-term SOL price chart projects a recovery towards the $180-$212 region during the next major market expansion. Source: Sweep via X
The chart identifies approximately $179 as an intermediate Fibonacci level before the larger $212 region. Reaching those targets would require SOL to first reclaim the major resistance areas between $100 and $140 and establish a stronger higher-timeframe trend.
Solana Price Levels to Watch
The $73-$75 region remains the most important immediate support for SOL. Holding this zone would preserve the current consolidation structure and keep the possibility of another breakout attempt intact.
On the upside, $78-$80 is the first major resistance. A confirmed reclaim could open the way towards $90-$95, followed by the psychological $100 level and the projected $113 technical target.
On the downside, losing $73 would expose the lower $70 region. If weakness accelerates, analysts are watching the much larger $60-$61 demand zone as the next significant support area.
Final Thoughts: Can Solana Reach $100 Before the End of 2026?
SOL price reaching $100 before the end of 2026 remains possible, but SOL first needs to turn the current $73-$75 consolidation into a confirmed continuation move. Reclaiming the repeated $78-$80 resistance would be the first meaningful signal that buyers are regaining momentum.
Solana price trades at $75.55, up 0.20% in the last 24 hours. Source: SOL price via Brave New Coin
If SOL can clear that area and establish support above it, the next recovery levels sit around $90-$95 before $100 comes into focus. However, another rejection from $78-$80 followed by a loss of $73 would weaken the bullish setup and increase the risk of a deeper correction towards the $60-$61 demand region.

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