Solana surged 9% to $97, as bulls aim for a $100 breakthrough, ending 202-day range turmoil

Solana gained 8.7% in 24 hours, approaching key resistance level.

Solana recorded significant gains in the past 24 hours, rising 8.7% and trading at around US$97.09. The latest round of gains has pushed SOL to the upper edge of its long-term fundraising range, with the market focus on the key technical point of the US$95 to US$100 resistance zone. According to data, Solana's market value is close to US$56.56 billion, and its 24-hour trading volume is approximately US$6.98 billion.

Key support has recovered and momentum is gathering

Solana's recent gains have accelerated after regaining stability in the US$80 to US$82 support range, which previously served as a resistance ceiling during the consolidation period. Market analysts pointed out that the return of prices to above the region marks an important shift in market structure.

After consolidating the support in this range, SOL quickly rose to the US$95 to US$97 range, and the US$100 integer mark has become the most direct resistance level currently. In the event of a correction in prices, technical traders are focusing on the US$88 to 90 range as initial support, while the US$80 to 82 range provides deeper support if necessary.

Reconverting the US$80 - 82 region to support suggests a meaningful improvement in Solana's short-term trend and is currently hitting the psychological level of US$100.

If the US$95 resistance level is effectively breached, chart analysis shows that the next target level is US$120. This level has previously been an important transition point between support and resistance, and if momentum continues, it will still be the target of market attention.

Key Price List

US$80 -82: Main Support
US$88 -90: Preliminary Support
US$95 -100: Key resistance
US$110 -120: First upward target
US$140 -150: Higher resistance
US$200: Long-term target

The 202-day absorption range is approaching a turning point

Market commentators have noted the length of Solana's consolidation period and pointed out that SOL has been running for approximately 202 days within its absorption range. Analysts believe that the upper boundary of this range is near US$97 to US$100, and the current rally is directly testing this level.

The daily closing price confirmed to exceed US$100, which is seen as a threshold for major changes that could end a months-long bottom pattern and accelerate bullish momentum. Technical forecasts suggest that an initial upside target will point to the $110 to $120 region, while further extensions could push prices into the $140 range.

Explanation of terminology: The sucking range refers to the period when assets consolidate within a relatively narrow price range, which usually indicates that large investors are establishing positions before a potential breakthrough or decline.

Solana is testing the upper boundary of the 202-day fundraising range. If the daily closing price stabilizes above US$100, it may trigger a faster upward trend and move towards a higher goal.

Long-term goals for strengthening recovery

Long-term chart research shared by analysts shows that the current resistance area is critical for Solana's next major price cycle. SOL will be trading below this level for most of 2026, so confirming a breakthrough is of structural importance to bullish traders.

If the US$95 to US$100 range can be transformed into a solid support foundation, analysts expect US$120 to US$140 to become the next important resistance area. Subsequent upside may position $200 as a long-term goal, although reaching this milestone may require a sustained uptrend rather than a single pull-up.

SOL breaks through US$90 after a long period of consolidation

Recent price movements also mark the first time Solana has closed above US$90 in more than three months. This development suggests that the long-term sideways trend that dominated the market in previous quarters has shifted.

With SOL trading around $97, staying above $90 to $92 is critical to maintaining buyer momentum and continuing to pressure $100 resistance. A break below this range may mean further consolidation is needed before attempting another upward move.

The bullish outlook is emerging

Solana has recovered from the bottom area that has lasted for months and regained key resistance levels, creating a bullish technical structure. The $95 to $100 range remains the most important boundary to be crossed decisively. The daily closing price exceeded US$100, followed by a successful step back confirmation, which will support Solana's view that the 202-day fundraising range has broken through and may trigger the next stage of rise towards US$120 and higher.

Immediate support: US$90 -92
Main support: US$80 -82
Key resistance: US$95 -100
First upside target: US$110 -120
Higher resistance: US$140 -150
Long-term bullish target: US$200