Solana: Can SOL target $110 as KEY metrics signal buying pressure?

ambcryptoPublished on 2026-03-25Last updated on 2026-03-25

Abstract

Solana has launched a new enterprise-focused platform, with major payment companies like Mastercard, Worldpay, and Western Union building on its network for payments and stablecoin settlements. This development is bringing Solana closer to real-world payment infrastructure and is influencing its market performance. Following the announcement, SOL whales became active, placing large buy orders, indicating strong confidence in both the price and Solana’s expanding utility. Market data shows sustained buying pressure, with both spot and futures Cumulative Volume Delta (CVD) confirming buyer dominance, reducing the likelihood of a false breakout. SOL recently broke out of a wedge consolidation pattern, with momentum building toward the $110 imbalance zone. The combination of institutional adoption, whale accumulation, and strong market metrics supports a bullish outlook, suggesting SOL could target $110 in the near term.

The Solana [SOL] Foundation has rolled out a new enterprise-focused platform. According to recent reports, early adopters include major payment players like Mastercard, Worldpay, and Western Union, who are building payments and stablecoin settlement on the Solana network.

The development brings Solana closer to real-world payment infrastructure, particularly stablecoin settlement. Could the increased adoption have a say on the token’s price action?

Whales step in as sentiment shifts

Following the announcement, SOL whales turned active on spot markets. Large buy orders have started to show up on the Spot Average Order Size data. This shift suggests confidence. Not just in price action, but also in Solana’s expanding utility.

Usually, when whales move alongside fundamental developments, the impact tends to be stronger. The same could be replicated to Solana price action, more so at this moment when SOL has just broken out of a wedge consolidation pattern.

Source: CryptoQuant

Derivatives data confirms buyer control

Both spot and futures metrics are now aligned.

Cumulative Volume Delta (CVD) on spot markets shows sustained buying pressure. Futures CVD tells the same story. Buyers are in control across both segments. This kind of alignment matters as it reduces the chances of a fake breakout driven by leverage alone.

Source: CryptoQuant

What it means for SOL price action

The enterprise rollout adds a new spark. Solana is no longer just a high-speed chain; it is positioning itself as a payments layer.

That shift can attract longer-term capital, not just traders, but institutions are looking for infrastructure exposure. In the short term, whale accumulation and strong CVD support a bullish bias.

On the daily chart, the token price action has just broken out of a wedge consolidation pattern. The altcoin’s momentum is accumulating toward the imbalance zone at around $110. If the momentum materializes, SOL could have another chance to rally past $100 in the near future.

Source: TradingView

What’s next for SOL

Solana’s latest move blends fundamentals with market momentum. Institutional adoption is picking up, whales are responding, and buyers dominate across spot and futures.

As it stands, the market is leaning bullish, with the imbalance zone at $110 standing out as the next key target in line.


Final Summary

  • Solana network’s increasing enterprise rollout triggered strong whale accumulation on spot markets.

  • CVD across spot and futures confirms buyers are in control, with the imbalance zone at $100 as the next target.

Related Questions

QWhat major payment companies are mentioned as early adopters of Solana's new enterprise platform?

AMastercard, Worldpay, and Western Union are mentioned as early adopters building payments and stablecoin settlement on the Solana network.

QWhat on-chain metric showed increased activity from SOL whales following the announcement?

AThe Spot Average Order Size data showed large buy orders, indicating increased activity from SOL whales.

QWhat does the alignment of Cumulative Volume Delta (CVD) across spot and futures markets indicate for SOL?

AThe alignment of CVD across both markets indicates sustained buying pressure and reduces the chances of a fake breakout driven by leverage alone.

QWhat price level is mentioned as the next key target for SOL's price action?

A$110 is mentioned as the next key target, specifically referred to as the imbalance zone.

QWhat pattern did SOL's price break out of according to the daily chart analysis?

ASOL broke out of a wedge consolidation pattern on the daily chart.

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