Solana Coin price

Solana Faces a Key Decision Zone — Can SOL Reclaim $100? Solana (SOL) is currently showing exactly that kind of situation. On the 1-hour chart, SOL is trading around $93.88 after pulling back 3.20%, while the recent session produced a sharp move between $87.57 and $102.73. That wide range tells us one thing clearly: volatility has returned, and the next directional move could be important. The question now is not simply whether SOL is bullish or bearish. The bigger question is whether buyers can rebuild momentum above the current consolidation zone. Recent Price Structure SOL recently pushed aggressively toward $102.73 before facing strong selling pressure. The rejection was fast, taking price back toward the $90 area and creating a large intraday range. Since that decline, price has been moving sideways around the $92–$96 region. This suggests that the market is currently digesting the earlier volatility rather than immediately establishing another strong trend. The current price near $93.88 sits inside this consolidation area, making the nearby levels especially important. $100 Remains the Psychological Barrier The $100 level is more than just a round number. The recent rejection from $102.73 shows that sellers became active above the psychological $100 zone. If SOL can reclaim $100 and hold above it with convincing volume, attention could quickly return toward the previous high around $102.73. A sustained move above $102.73 would be a stronger technical confirmation that the previous rejection has been absorbed. Until that happens, the $100–$103 area should be viewed as a major supply zone. Support Under the Market On the downside, the first important area is around $91–$92, where several recent candles have found temporary stability. A loss of this zone could expose SOL to the deeper support around $87.57, which is the visible session low on the chart. That $87.57 level is particularly important because it represents the point where the recent sell-off found buyers. If price returns there, market reaction could provide a clearer indication of whether the broader structure is still capable of recovering. Volume Is the Missing Confirmation The screenshot shows 24-hour SOL volume around 1.61M and turnover near 151.41M USDT. Price movement alone is not enough to confirm the next trend. If SOL approaches $100 again while trading activity expands, the breakout attempt would carry more significance. On the other hand, if price moves higher while participation continues to weaken, the market could remain vulnerable to another rejection. This is why the next breakout should be judged by both price and volume rather than by a single candle. The Short-Term Battle The current structure can be viewed as a battle between two zones. Above $100, buyers need to prove that the previous rejection was temporary. Below $91–$92, sellers would gain more control and could potentially push the market back toward $87.57. Between these areas, SOL may continue producing choppy price action as traders wait for a decisive move. Market Outlook For now, SOL looks more like a market searching for direction than one already locked into a clean trend. A strong reclaim of $100 followed by a break above $102.73 would improve the short-term structure and signal renewed bullish momentum. Meanwhile, a breakdown below $91–$92 would weaken the current consolidation and put $87.57 back into focus. The most interesting part of this setup is that both sides have clearly defined levels to defend. That makes the coming price action more informative than simply looking at the current percentage change. SOL is sitting at a decision point: can buyers turn the $90s into a launchpad, or will the rejection above $100 lead to another deeper correction? The chart will likely answer that question through the next breakout and, more importantly, whether that breakout is supported by real trading activity. What level do you think SOL needs to reclaim before the market can confidently shift back toward bullish momentum? $SOL #Solana #SOL #SOLUSDT #Crypto #CryptoMarket #Altcoins #TechnicalAnalysis #Trading #DeFi #BitgetInsights

$BNB Chain is leading the blockchain race by active addresses The latest monthly data shows 162.2M active addresses across 98 chains. And the leaderboard is interesting 👇 🟢 BNB Chain — 24.2% 🔵 Solana — 21.3% 🟣 $TRX — 11.5% 🩷 opBNB — 7.2% ⚪ $BTC — 6.5% 🔹 Robinhood Chain — 5.9% 🔹 Ethereum — 5.8% 🟡 Litecoin — 2.8% 🟠 Polygon — 2.4% 🟣 Base — 1.9% BNB Chain + Solana alone account for 45.5% of all monthly active addresses shown here. Solana is only 2.9% behind BNB Chain. The competition for on-chain users is getting interesting. 👀

JUST IN: $500 million worth of late long positions were liquidated as the market plunged: Bitcoin: -$1,935 (-2.5%) Ethereum: -$130 (-5%) Solana: -$11.50 (-11.5%) XRP: -$0.60 (-37%)

🚨 Market correction is ongoing, guys… And the Last 3 days have been totally crazy! • Ethereum went up 35% in 3 days, but $ETH dropped 5.3% in the last hour, causing $98.48M in shorts. • Solana jumped 38% in 3 days, but $SOL fell 13% in the past hour, triggering $44.67M in shorts. • Bitcoin increased by 26% over the past 3 days, but $BTC decreased by 2.65% in the last hour, triggering a $42.22 million short position. • $XRP rose by 71% in 3 days but fell by 19% in the past hour, triggering a $40.9 million short position. $300Million across just these five assets. Don't FOMO. Don't revenge trade. Let the market breathe. 🫡