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SOL Price Prediction: How High Will It Go as Technicals and Fundamentals Converge?

SOL Price Prediction: How High Will It Go as Technicals and Fundamentals Converge?

Author:
SOL News
Published:
2026-01-17 06:54:44
17
3
[TRADE_PLUGIN]SOLUSDT,SOLUSDT[/TRADE_PLUGIN]

#SOL

  • Technical Breakout Setup: SOL is trading above its key 20-day moving average and approaching the upper Bollinger Band, indicating strong bullish momentum with an immediate target at the $150 resistance level.
  • Fundamental Catalysts in Play: A rebound in network active addresses, record ETF inflow volumes, and a major network upgrade ('Alpenglow') provide a solid fundamental foundation for the current price appreciation.
  • Convergence for Higher Targets: The alignment of positive technical structure and robust fundamentals suggests a high probability of surpassing $150, with the next significant resistance zone projected in the $165-$170 range.

SOL Price Prediction

Technical Analysis: SOL Shows Bullish Momentum Above Key Moving Average

SOL is currently trading at, firmly above its 20-day moving average of 136.37. This positioning above a key short-term trend indicator is a positive sign. The MACD, while still negative at -1.10, shows a narrowing gap between its signal and main lines, suggesting bearish momentum may be waning. The price sits comfortably within the Bollinger Bands, closer to the upper band at 150.24 than the lower band at 122.51, indicating sustained buying pressure. 'The consolidation above the 20-day MA, combined with the MACD's potential for a bullish crossover, sets the stage for a test of the $150 resistance level,' said Robert, a financial analyst at BTCC.

SOLUSDT

Market Sentiment: Bullish Catalysts Align for SOL

Recent headlines highlight a confluence of fundamental drivers supporting SOL's price action. The rebound in active addresses signals renewed network utility and user engagement, a core metric for blockchain value. Simultaneously, the mention of ETF volumes hitting $6 billion points to massive institutional capital flow into the crypto space, with solana likely benefiting from this trend. The 'Alpenglow' upgrade and the new all-time high for Real World Assets (RWA) Total Value Locked (TVL) underscore robust on-chain development and expanding use cases. 'The narrative has shifted from pure speculation to tangible growth in utility and institutional adoption. The ETF inflows and strong on-chain metrics provide a solid fundamental floor for the current price momentum,' Robert noted.

Factors Influencing SOL’s Price

Solana (SOL) Price Eyes $150 as Active Addresses Rebound and ETF Volumes Hit $6B

Solana's SOL price shows early signs of recovery as on-chain activity rebounds and institutional interest grows. Active addresses have surged from 3.4 million to over 5 million in early 2026, reversing a prolonged decline from 2025. This resurgence in network participation coincides with spot Solana ETF volumes approaching $6 billion, signaling deepening institutional involvement even without retail euphoria.

Technicals suggest a potential breakout, with SOL trading inside a rising channel and momentum indicators neutral—a classic prelude to directional movement. The key test lies ahead: either buyers muster sufficient volume to challenge the $150-$152 resistance zone, or the rally falters and retreats to test support near $140. Market watchers note this marks the first meaningful demand signal since Q4 2025's stagnation.

Solana Price Outlook for Jan 16: RWA TVL Hits New ATH as Volatility Stabilizes

Solana's real-world asset (RWA) ecosystem has surpassed $1 billion in total value locked (TVL), marking a new all-time high. This milestone comes as SOL's price volatility stabilizes, signaling potential for further gains if key support levels hold.

The cryptocurrency is currently trading at $143.08, showing a modest 1.0% decline over the past 24 hours. Market observers note that Solana's growing RWA adoption could provide fundamental support for the network's valuation.

Solana (SOL) Approaches $150 Amid ETF Inflows and Alpenglow Upgrade

Solana's price has surged 25% in recent weeks, climbing from $116 to $143 as it nears the psychologically significant $150 level. The rally coincides with growing institutional interest, as spot Solana ETFs have attracted $90 million in inflows this month alone, bringing total inflows to $857 million.

The network is preparing for its most significant protocol upgrade since launch—Alpenglow. This overhaul will replace Solana's Proof-of-History and TowerBFT systems, slashing transaction finality from 12.8 seconds to 100-150 milliseconds. When implemented, this would position Solana among the fastest blockchain networks available.

Despite the technical advancements, network growth shows signs of slowing. New wallet creations dropped from 30.2 million in November 2024 to 7.3 million recently. The ecosystem processed 1.8 billion transactions in December—more than the top ten other networks combined—demonstrating its capacity for high throughput even before the upgrade.

How High Will SOL Price Go?

Based on the convergence of technical indicators and bullish fundamental news, SOL has a strong probability of testing and potentially breaking through the immediate resistance at the $150 level. The technical setup shows the price is in a strong position above its 20-day MA and eyeing the Bollinger Band upper boundary at $150.24. Fundamentally, institutional inflows via ETFs, network upgrade optimism, and record on-chain activity create a supportive environment.

Robert from BTCC provides a near-to-mid-term outlook: 'The path of least resistance appears upward. A successful break and close above $150 could open the door toward the next significant resistance zone around $165-$170. Key support to watch remains the 20-day MA near $136.'

FactorCurrent StatusImplied Direction
Price vs. 20-Day MA143.84 > 136.37Bullish
Bollinger Band PositionNear Upper Band (150.24)Bullish Momentum
MACD TrendBearish Momentum WeakeningPotential Reversal
Key Resistance150.00 (Psychological & Technical)Immediate Target
On-Chain Activity (News)Active Addresses ReboundingBullish for Fundamentals
Institutional Flow (News)ETF Volumes at $6BStrong Bullish Catalyst

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