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Solana Price Forecast: SOL Price Eyes $100 Amid Network’s Robust Fundamentals

Solana Price Forecast: SOL Price Eyes $100 Amid Network’s Robust Fundamentals

CoinpediaCoinpedia2026/01/21 20:30
By:Coinpedia
Story Highlights
  • Solana price recently failed to rally beyond a crucial supply zone around $147.

  • This altcoin is on the cusp of retesting its multi-year support level around $100.

  • The Solana network has amassed robust fundamentals to catalyze a bullish rebound in 2026.

Solana (SOL) price has slipped over 12% in the past seven days to trade at about $127 at press time. This large-cap altcoin, with a fully diluted valuation of about $72 billion, was recently rejected at a crucial supply range around $147, thus increasing the odds of further selloff.

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Is Solana Price on the Cusp of 15% Drop?

In the weekly timeframe, the SOL/USD pair has broken below a multi-year rising logarithmic support trend. The recent rejection around $147 confirmed a more bearish outlook in the midterm.

Solana Price Forecast: SOL Price Eyes $100 Amid Network’s Robust Fundamentals  image 0

Since early 2024, SOL price has been consolidating in a range between $251 and $103. Following the recent macro bearish confirmation, SOL price is on the cusp of a 15% drop towards the lower border of its horizontal consolidation.

What’s the Bigger Picture?

Solana price has followed Bitcoin (BTC) in its macro outlook. With the flagship coin trapped in a midterm correction, the SOL/USD pair is well positioned to drop in tandem.

However, Bitcoin price is expected to rebound towards a new all-time high as traders anticipate a gold reversal in the near term. As such, SOL price is well positioned to rebound from its multi-year support level around $100 towards the ATH in the near term.

Solana Price Forecast: SOL Price Eyes $100 Amid Network’s Robust Fundamentals  image 1

The bullish outlook for SOL is backed by the network’s robust fundamentals. For instance, the approval of several spot Solana ETFs in the United States has created a clear avenue for institutional investors to get exposure to SOL.
Additionally, the ongoing implementation of the Genius Act has helped Solana’s stablecoin market cap surge to over $13 billion. Meanwhile, the imminent passage of the Cla r ity Act will be a major bullish trigger for SOL in the subsequent months.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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