Solana price prediction: Why analysts see more upside for SOL

In recent developments, solana (SOL) is up 18.5% over the past 30 days. Analysts are watching the $85–$90 resistance zone. B3 futures and FullSend add to Solana’s momentum. Solana has regained momentum after a difficult stretch earlier this year, with the token climbing back above the $77 mark and extending its monthly recovery. At the time of writing, SOL is trading at $77.73, up 0.8% over the past 24 hours after moving between $76.25 and $78.62 during the session. Over the past month, the cryptocurrency has gained 18.5%, while its two-week performance stands at 21.6%. The recent recovery has renewed interest in Solana’s outlook, particularly as technical indicators, institutional activity, and network developments begin to align. While the token remains well below its all-time high of $293.31, several analysts believe the current trend has created room for further upside if key resistance levels are cleared. Technical picture points to key breakout levels SOL’s latest rally follows a rebound of roughly 38% from its recent low near $60, bringing renewed attention to the asset’s technical structure. The recovery also marked Solana’s first positive monthly performance in several months, suggesting that selling pressure has eased. Market analyst Ali Martinez has identified the $85 to $90 region as an important resistance zone. A sustained move above that range would bring the psychologically significant $100 level back into focus. SOLANA: BIG SUPPLY WALL Solana is currently attempting to reclaim a resistance zone between $79 and $85. According to URPD data, roughly 105 million SOL were transacted within this range, establishing a dense supply cluster. Reclaiming this zone as support clears the overhead… https://t.co/CZXB9kPtOz pic.twitter.com/jiZI3GJ8z4 — Ali Charts (@alicharts) July 8, 2026 Another closely watched analyst, Michaël van de Poppe, has highlighted the importance of the $73- $76 area, describing it as a major support zone that continues to underpin the broader recovery. According to Poppe, as long as that area remains intact, the longer-term structure remains constructive from a technical standpoint. Things start to become interesting here for $SOL. If it is able to hold between $ 73- $ 76 and bounce back upwards, it is a strong signal that the markets are ready to run to higher than $100. If that doesn’t happen, boy, we’ll be seeing new lows across the board. pic.twitter.com/XRz4iMfxY6 — Michaël van de Poppe (@CryptoMichNL) July 8, 2026 Attention has also shifted to Solana’s performance against Bitcoin. The SOL/BTC trading pair has shown signs of strengthening after spending months in decline. According to technical analysis, a breakout above the long-term resistance around 0.00140–0.00145 BTC could indicate improving relative strength for Solana compared with Bitcoin. If that breakout is confirmed, technical projections place the next major value area between $140 and $150. Those levels are based on historical trading activity rather than guaranteed price targets, meaning further confirmation would still be needed before the market could sustain such a move. At the same time, focus is on the $75 to $78 range as an important near-term support area. Holding above that zone would help preserve the current recovery, while a break below it could slow bullish momentum. Institutional adoption continues to expand Beyond price action, Solana has also benefited from growing institutional participation. Brazil’s stock exchange, B3, recently expanded its regulated cryptocurrency derivatives offering by introducing Solana futures alongside Ethereum futures and Bitcoin options. The contracts are settled in US dollars and reference Nasdaq’s digital asset benchmark prices. Each Solana futures contract represents 5 SOL, giving professional investors another regulated instrument for gaining exposure to the asset or managing risk through hedging strategies. B3 also reduced the size of its Bitcoin futures contracts to improve accessibility, a move that reflects broader efforts to increase participation in regulated crypto derivatives. The expansion places Solana alongside Bitcoin and Ethereum within one of Latin America’s largest regulated exchange environments. While derivatives products do not directly determine price direction, they typically improve market efficiency by expanding trading and hedging opportunities for institutional participants. Recent infrastructure developments have also focused attention on Solana’s ability to support high-volume financial applications. Privy, the wallet infrastructure provider acquired by Stripe, has partnered with Jito Labs to launch FullSend, a transaction routing system designed specifically for the Solana blockchain. Instead of relying solely on traditional RPC infrastructure, FullSend routes transactions directly to the validator responsible for producing the next block. According to the companies, the system has been operating in production since January and has processed millions of transactions with 99.999% landing reliability. The technology also reduces transaction inclusion latency to approximately 50 milliseconds, compared with roughly 200 milliseconds or more under conventional routing methods. For developers building payment platforms, trading applications, or financial services, those improvements reduce failed transactions during periods of network congestion while simplifying transaction management. Developers using Privy’s wallet infrastructure receive these routing improvements without implementing additional software. The announcement also highlights Privy’s growing reach following its acquisition by Stripe. The company supports approximately 140 million accounts across applications that collectively process billions of dollars in monthly transaction volume. The immediate focus now remains on whether buyers can push the token above the $85–$90 resistance range. A successful breakout would place $100 at the centre of market attention, while continued strength in the SOL/BTC pair could reinforce the view that Solana is beginning to outperform Bitcoin once again. The post Solana price prediction: Why analysts see more upside for SOL appeared first on CoinJournal.

Looking closer, market participants highlight key drivers such as liquidity flows, macro risk appetite, regulatory headlines, and on-chain activity. Short-term swings often reflect liquidation cascades and funding imbalances, while spot volumes and exchange inflows set the broader tone.

Analysis: The medium-term picture hinges on whether buyers can sustain momentum without excessive leverage. If flows continue favoring majors like BTC and ETH, altcoins could experience a staggered rotation instead of a broad-based rally. Meanwhile, policy clarity in key jurisdictions remains a decisive catalyst; clearer rules typically compress risk premia and attract institutional allocations. Beyond price action, on-chain metrics such as active addresses, fees, and stablecoin velocity help validate trend strength.

Outlook: Over the next few weeks, observers will watch price acceptance above recent resistance, derivatives positioning, and ETF-related flows. A constructive setup would feature rising spot demand, contained leverage, and improving breadth across sectors such as DeFi, infrastructure, and Layer-2 ecosystems.

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