Solana Price Prediction: SOL Breaks Falling Wedge as Analysts Target $100 and Higher

Solana is starting to regain attention after weeks of choppy price action, with the latest wedge breakout giving bulls a fresh reason to stay interested. At the time of writing, Solana price is trading near $76.29, up around 1.90% over the past 24 hours.

Solana price trades at $71.44, down 0.43% in the last 24 hours. Source: SOL price via Brave New Coin

Solana Price Breaks Out of Falling Wedge

The most immediate improvement comes from Solana price breaking above the upper boundary of a falling wedge that had been developing since the early-July rally.

CryptoJack highlighted the breakout as price pushed sharply through the descending resistance line near $74-$75. The latest candle has extended towards $76, giving buyers their first clean move outside the pattern after several weeks of lower highs.

A chart shows Solana breaking above a falling wedge after holding the $71-$73 region. Source: CryptoJack via X

The breakout still needs follow-through, with $77-$79 representing the next nearby resistance area. A sustained move through that region would strengthen the reversal and bring the early-July highs around $82-$84 back into focus.

SOL Structurally Moving to Higher Highs and Higher Lows

Daan Crypto Trades also pointed to a gradual improvement in Solana’s broader structure since the June local bottom. Rather than continuing to print lower lows, SOL has established a sequence of higher lows while repeatedly recovering from weakness around the upper-$60s.

A daily chart shows SOL attempting to reclaim its previous support zone after forming higher highs and higher lows from the June bottom. Source: Daan Crypto Trades via X

Price is now attempting to move back above an important zone near $74-$76 that previously acted as support before the latest correction. Holding above this region would be important because it would turn the recent breakout into a structural reclaim rather than another temporary spike.

The chart places a larger range high close to $97-$98, making that area a potential medium-term objective if buyers can maintain momentum above $80.

SOL Price Prediction Targets $82, $98 and $130

A more aggressive technical projection shared by TraderDaink maps out several upside levels if Solana’s current base develops into a sustained breakout.

The first major objective sits around $82.25, which corresponds with previous resistance from the July rebound. Beyond that, the chart identifies $98.40 as the next major hurdle, followed by $114.55 and eventually $130.70.

A Solana chart outlines upside targets at $82.25, $98.40, $114.55 and $130.70. Source: TraderDaink via X

The setup also highlights the importance of the lower-$70 region. Losing the base would weaken the bullish projection, while a deeper move towards roughly $66 would put the recovery structure under much greater pressure.

Wedge Breakout Brings $100 Back Into Focus

SOL’s chart highlights another bullish formation, describing the latest move as a classic wedge breakout with upside potential towards $100.

Crypto analyst Gareth Soloway shows SOL compressing between rising support and descending resistance before SOL price finally moved above the upper boundary. This type of breakout becomes more convincing if SOL can now remain above approximately $74-$75 and continue building above the pattern.

A move towards $100 would require SOL to clear several intermediate hurdles first, particularly $82-$84 and the larger $97-$98 resistance zone. That makes the current breakout an early technical improvement rather than confirmation that $100 has already been secured.

A daily chart shows Solana breaking from a converging wedge after several weeks of consolidation. Source: Gareth Soloway via X

Final Thoughts: What Next for SOL Price?

Solana’s recent breakout from a falling wedge has shifted short-term sentiment back in favor of the bulls, with price reclaiming the $74–$76 region and showing early signs of renewed momentum.

Going forward, the key level to watch is $82–$84, where SOL price previously faced strong rejection. A clean break above this zone would strengthen the case for a continued recovery towards $97–$100, with extended upside targets still pointing to $114 and $130 if momentum accelerates.

However, the bullish outlook remains conditional. As long as Solana holds above the low-$70s, the breakout structure stays intact. A loss of this support would weaken the setup and likely delay any push towards the $100 level.