Solana (SOL) on the Rise: Will the 8% Surge Unlock the $90 Level?

TheNewsCryptoPublished on 2026-02-25Last updated on 2026-02-25

Abstract

Amid a broader crypto market showing modest gains, Solana (SOL) has notably surged over 8% in the past 24 hours, trading near $82.70. Its price action has been volatile, with a trading range between $76.02 and $82.77. If bullish momentum continues, SOL could test the $83.11 resistance level. However, a decline might see it target support at $81.32. Technical indicators present a mixed outlook: the MACD shows early bullish signs within a broader bearish trend, the CMF indicates neutral money flow, and the Bull Bear Power value of 4.19 suggests strong upward pressure. The daily RSI at 56.26 reflects moderate bullish sentiment, leaving room for further gains if buying pressure persists.

With the market in extreme fear, there is a 3% spike, which has triggered most of the digital assets to show up in green. The largest asset, Bitcoin (BTC), is trading at $65.4K, while the largest altcoin, Ethereum (ETH), hovers near $1.9K. How likely is this recent crypto gain to hold and see further upside?

Among the altcoin pack, Solana (SOL) has registered an 8.08% surge in value over the last 24 hours. The price action has shown a series of upticks, declines, and tests. If the asset maintains the upside trajectory strongly, traders would watch for a potential breakout, revisiting its previous highs.

Solana’s lowest and highest trading range falls between $76.02 and $82.77, respectively. It currently trades at $82.70. Besides, the daily trading volume has dropped to the $3.86 billion mark. The Coinglass data has reported that the market has seen a liquidation of $10.76 million worth of SOL.

Assuming the potential bulls strengthened, the Solana price could climb and test the $83.11 resistance. With steady upside pressure, the golden cross might unfold and push the price above. On the downside, if Solana momentum falls, it could target a key support at $81.32. Upon the bearish correction intensifying, the death cross would take place and drive the price even lower.

Bullish Rebound or Bearish Pressure: What is Next for Solana?

The Moving Average Convergence Divergence (MACD) line of Solana is found above the signal line, but both are below the zero line. This positioning points to an early bullish momentum within a broader bearish trend. A move above zero would be needed to confirm a stronger bullish momentum.

In addition, the Chaikin Money Flow (CMF) indicator at -0.00 hints at a neutral to slightly bearish money flow. There is no buying or selling pressure in the SOL market — a balanced momentum. A clear move above zero shows accumulation, while a drop further below confirms stronger selling.

Solana’s Bull Bear Power (BBP) value of 4.19 indicates strong bullish dominance. It is pushing the price higher with solid upward pressure. Significantly, if the momentum weakens, there will be a potential pullback. Furthermore, the market sentiment of SOL rests in a moderate bullish zone as the daily Relative Strength Index (RSI) stays at 56.26. Notably, this reflects a healthy upward trend with room for further upside if buying pressure continues.

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Related Questions

QWhat is the current price of Solana (SOL) and how much has it surged in the last 24 hours?

ASolana is currently trading at $82.70 and has registered an 8.08% surge in value over the last 24 hours.

QWhat are the key resistance and support levels mentioned for Solana's price movement?

AThe key resistance level is at $83.11, and a key support level is at $81.32.

QWhat does the MACD indicator's position suggest about Solana's current momentum?

AThe MACD line is above the signal line but both are below the zero line, indicating an early bullish momentum within a broader bearish trend. A move above zero would confirm a stronger bullish momentum.

QWhat is the significance of Solana's Bull Bear Power (BBP) value of 4.19?

AA BBP value of 4.19 indicates strong bullish dominance, showing that upward pressure is pushing the price higher.

QWhat is the current market sentiment for Solana according to the Relative Strength Index (RSI)?

AThe daily RSI stays at 56.26, which reflects a moderate bullish sentiment and a healthy upward trend with room for further upside if buying pressure continues.

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