The Solana price is flashing mixed signals, and traders are paying close attention. SOL USD is trading around $85 on Coinbase, down roughly -1.5% in the last 24 hours, though price data varies significantly across exchanges. What happens next could hinge on a single technical trigger that analysts are already watching closely.

Trading volume surged 92.20% to $9.9Bn over the weekend, but has since cooled to $3.2Bn in this Monday morning trading session, according to CoinGecko data. Analyst Ali Martinez flagged a bullish MACD crossover on Solana’s chart alongside tightening Bollinger Bands, a setup that has historically preceded sharp directional moves.

Community traders on TradingView are already mapping out breakout scenarios above recent highs. No major Solana-specific catalysts, upgrades, or partnerships emerged in the past 48 hours, which makes that weekend volume spike feel conspicuous.

Broader crypto markets remain choppy, with the total market cap down -0.5% over the past 24 hours but still holding steady above $2.6 trillion. As long as $2.5 trillion holds, this recent rally stands a decent chance of continuation.

Can Solana Price Hit $100 This Week?

The Solana price picture is genuinely complicated right now, and not just because different exchanges show wildly different numbers. The Coinbase figure of $85.5 reflects a modest +1.5% increase over the past 7 days.

Key support sits near the $84-85 range, based on the recent lows. Resistance clusters sit between $90 and $92. The tightening Bollinger Bands confirm that a big move is coming; the question is direction.

Market Cap

Three scenarios are worth considering:

  • Bull case: MACD confirmation holds, volume sustains above $3Bn, and SOL breaks toward $90–$92 resistance. Historical post-MACD rallies on Solana have been substantial; the ecosystem drove 700% gains from 2021 lows.
  • Base case: SOL consolidates between $130–$160, waiting on macro signals, such as Federal Reserve rate decisions, before committing to a direction.
  • Bear case/invalidation: A close below $85 would significantly undermine the bullish thesis and could trigger broader altcoin selling.

Solana’s market cap sits around $50Bn, depending on the data source, representing roughly 3% of the total crypto market cap. For larger capital, that’s meaningful. For traders chasing outsized percentage returns, it’s a different calculation entirely.

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Maxi Doge Targets Early Mover Upside as the SOL USD Tests Key Levels

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Alex Ioannou
Alex Ioannou
On-Chain Journalist

Alex is a seasoned cryptocurrency trader and market analyst with over seven years of active experience in the digital asset space. Since entering the markets in 2017, Alex has specialized in identifying emerging "meta" trends and high-volatility narratives. Notably, Alex... Read More

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