Solana Price Prediction: Breakout Above $98 Could Open SOL Rally Towards $145

Solana price is once again sitting at a decisive short-term area as traders watch whether the latest bounce can turn into a stronger recovery. According to Brave New Coin data, Solana is trading near $85.82, with a market cap of around $49.65 billion and 24-hour volume near $2.52 billion.

The price action remains mixed. SOL has recovered from the lower intraday region near $83.91, but it is still struggling to build a clear continuation above the $86–$88 zone.

Solana price trades at $85.82, up 0.57% in the last 24 hours. Source: SOL price via Brave New Coin

Solana Price Holds Near a Key Liquidity Zone

The current Solana price setup is centered around the $86–$88 area. This region is important because liquidity appears to be building there, and the price is already trading close to it. If SOL sweeps this zone first, it could create a short-term upside move before the market decides whether to continue or reverse.

Ted Pillows pointed out that Solana has a decent liquidity cluster around $86–$88, while downside long-side liquidity is also building near the $80 region. That creates a two-way setup where price may first target nearby upside liquidity before any deeper correction attempt.

SOL trades near the $86–$88 liquidity zone as traders watch for a sweep. Source: Ted Pillows via X

This is why SOL is not in a simple bullish or bearish position right now. A push above $88 would improve short-term momentum, but failure to hold that level could quickly bring attention back to the $83–$80 support zone.

Breakout Structure Still Points Towards $98

The technical structure is starting to show early signs of repair. SOL recently moved away from the lower range and is now trying to reclaim momentum after holding above the broader support area.

SOL rebounds from trendline support, with $98 now the key breakout level. Source: Satoshi Flipper via X

Satoshi Flipper’s chart shows Solana reacting from an ascending trendline support, with the next major upside level marked near $98. This area has acted as a key ceiling before, so a move into that region would be an important test for buyers.

A clean daily close above $98 would be the first stronger signal that SOL is moving out of its recent compression. Until then, the market is still treating the recovery as a bounce inside a larger range rather than a confirmed breakout.

Retest of the 100-Day SMA Adds Another Layer

Another technical chart shows SOL breaking above a descending resistance line and the daily SMA100, then retesting both levels. That retest is important because failed breakouts often turn bearish quickly, while successful retests can create the foundation for continuation.

Solana retests its breakout above the 100-day SMA, with $102.77 as the first upside target. Source: Customized Trader via X

The upside targets from this structure are stacked at $102.77, $111.16, $119.55, $131.48, and $146.69. These levels give bulls a broader roadmap if SOL can continue holding above the reclaimed trendline and moving average area.

For now, the key is whether the retest holds. If buyers continue defending the current zone, the move towards $100–$103 becomes more realistic. If price falls back under the breakout area, the setup would lose strength and return to range-bound conditions.

Solana Derivatives Activity Hits a New Milestone

Beyond price action, Solana’s market activity is also expanding. Tokens on Solana highlighted that SOL perpetual DEX open interest has surpassed $200 million for the first time, showing that trader participation across Solana-based derivatives is increasing.

This does not guarantee an immediate price rally, but it does show that Solana remains highly active even while price trades below previous cycle highs. Rising open interest can support stronger moves when momentum returns, though it can also increase volatility if too many traders crowd one side.

That makes the current liquidity setup even more important. With more capital positioned in derivatives, a sweep of either the $86–$88 upside area or the $80 downside zone could trigger a sharper move than usual.

Long-Term Solana Price Prediction Targets $500–$675

The long-term Solana outlook remains much more bullish for some analysts. ChiefraFba argued that counting SOL out over the long term could be a major mistake, projecting a possible future path towards the $500–$675 region.

Solana’s long-term setup points to a potential $500–$675 cycle target. Source: ChiefraFba via X

The chart shows SOL inside a large multi-month compression structure, with a projected expansion move once the range fully resolves. This is not a short-term target, but it reflects the idea that Solana may still have a major cycle move ahead if broader market conditions improve.

Final Thoughts

Solana has a real chance to recover, but the market is not fully clean yet. The short-term battle is around $86–$88, while the bigger confirmation still sits closer to $98–$100. The bullish scenario starts with SOL holding above $83–$85 and reclaiming the $86–$88 liquidity zone with strength. If that happens, then the Solana price prediction can target $98, followed by $102.77 and $111.16.

A stronger continuation above those levels would bring $119.55, $131.48, and $146.69 into focus. That would suggest Solana is no longer just bouncing from support but beginning a broader recovery phase.

The bearish scenario is still tied to the downside liquidity near $80. If SOL fails at $86–$88 and drops back below $83, the market could target the $80 region next. Losing that level would weaken the recovery setup and delay any stronger push towards $100.