SOL Price Prediction: Navigating the Path to $100 Amid Technical and Fundamental Crosscurrents

#SOL

• Critical Technical Support: SOL is testing the Lower Bollinger Band (~$93), a key level that could trigger a stabilization or bounce if held, providing a launchpad toward $100.
• Conflicting Market Narratives: Short-term price weakness and selloffs clash with emerging technical reversal patterns and overwhelmingly bullish long-term fundamental forecasts from major institutions.
• The $100 Hurdle: Reclaiming $100 is a near-term psychological and technical target, but sustained bullish momentum likely requires a break above the 20-day Moving Average (~$121.56) to confirm a trend reversal.

SOL Price Prediction

Technical Analysis: SOL at Critical Juncture Below Key Moving Average

As of February 5, 2026, SOL is trading at $93.02, significantly below its 20-day moving average of $121.56. This positioning beneath a key trend-following indicator suggests bearish near-term momentum. The MACD, while positive at 4.4140, shows a bullish crossover (signal line at 11.5937, MACD line at 16.0077), hinting at potential slowing downward pressure. Crucially, the price is hovering just above the lower Bollinger Band at $92.998, which often acts as a dynamic support level. "The convergence at the lower band, combined with a positive MACD divergence, could indicate a near-term stabilization or bounce," says BTCC financial analyst James. "However, a sustained MOVE above the 20-day MA is needed to signal a trend reversal."

Market Sentiment: A Clash Between Technical Exhaustion and Long-Term Optimism

Current headlines reflect a market in tension. Immediate news points to breakdowns below $100 and selloff pressure, aligning with the technical picture of weakness. However, this is counterbalanced by narratives of a potential Wyckoff reversal pattern—a classic accumulation signal—and staggering long-term forecasts like Standard Chartered's $2,000 price target by 2030. "The news flow perfectly captures the current dichotomy," notes BTCC financial analyst James. "Short-term, we are dealing with technical exhaustion and ETF disappointment. But the strategic elevation of crypto by major firms like WisdomTree and ambitious long-term projections provide a fundamental bullish undercurrent that must be respected in any analysis." The sentiment is cautiously optimistic for a reversal but grounded in the present technical reality.

Factors Influencing SOL’s Price

Solana Shows Signs of Bullish Reversal as Wyckoff Pattern Emerges

Solana's price action has developed a textbook Wyckoff spring pattern, suggesting potential bullish momentum ahead. The cryptocurrency reclaimed its range support after a strategic liquidity sweep, with $120 emerging as a critical liquidity magnet. Market structure now shows weakening bearish pressure following an extended consolidation period.

Traders are watching the $120 weekly demand zone as a make-or-break level for Solana's broader market cycle. The swift recovery from recent lows indicates strong absorption of sell-side pressure rather than genuine breakdown momentum. Such price behavior often precedes significant directional moves in either direction.

Analysts note the importance of this technical formation occurring after weeks of sideways action. The Wyckoff spring typically marks the transition from accumulation to markup phases, though confirmation requires sustained follow-through above key resistance levels. Market participants await either a decisive breakout or rejection at these technically significant price points.

SOL Price Shows Early Signs of Stabilization Amid Technical Exhaustion Signals

Solana (SOL) is showing tentative signs of stabilization after a prolonged selloff, with its price hovering at $94.16. Short-term technical indicators suggest seller exhaustion, including a TD Sequential '9' buy signal on the 4-hour chart and a bullish RSI divergence. These signals hint at potential short-term recovery, though confirmation requires sustained holding above the $93–$94 support zone.

The TD Sequential signal, historically a precursor to stabilization phases, aligns with a bullish RSI divergence—where momentum indicators show weakening downside pressure despite price dips. Market watchers are now eyeing the $105 monthly open as a near-term target if SOL maintains its current footing.

Solana Breaks Below $100 as ETF Stability Fails to Stem Selloff

Solana's price tumbled 7% to breach the psychologically critical $100 level, marking a technical breakdown as spot market weakness overwhelmed ETF inflows. The move occurred without liquidation shocks or ETF disruptions, suggesting organic selling pressure.

While U.S. Solana ETFs recorded modest $1.24 million inflows, bringing total assets to $854.3 million, spot markets saw $29.9 million in outflows. This divergence highlights waning retail demand despite stable institutional exposure.

The breakdown raises questions about whether this is a healthy correction or the start of deeper weakness. Thin liquidity exacerbated the drop, with no significant dip-buying emerging to defend the $100 support zone.

WisdomTree Elevates Crypto to Core Business Strategy Amid Rapid Growth

WisdomTree has decisively shifted its digital asset operations from experimental venture to central business pillar, with CEO Jonathan Steinberg declaring the division's readiness for profitability. The $150 billion asset manager witnessed crypto assets under management explode from $30 million to $750 million in twelve months, while its tokenized AUM surged 25-fold to $770 million since 2024.

The firm's acquisition of Securrency provided critical infrastructure for compliant tokenization and programmable finance solutions. Expansion onto alternative chains like Solana complements WisdomTree's growing suite of blockchain-native products, positioning it at the vanguard of institutional crypto adoption.

Solana (SOL) Price Prediction: Standard Chartered Forecasts $2,000 by 2030 Amid Network Growth

Solana's native token SOL has stabilized near the $100 support level after a 25% correction from its recent peak of $127. Technical indicators suggest a potential V-shaped recovery, with the Relative Strength Index rebounding from oversold territory. Market structure shows immediate resistance at $113-$115, followed by a more significant barrier at $125-$130 where key moving averages converge.

Standard Chartered has issued a bold long-term projection, anticipating SOL could reach $2,000 by 2030—a 1,900% appreciation from current levels. While revising its 2026 target downward to $250 from $310, the bank cites Solana's growing micropayment capabilities and stablecoin adoption as fundamental drivers. Network metrics support this optimism: Total Value Locked hit a record 73.4 million SOL ($7.5 billion), while daily transactions surged to 109.5 million—the highest in two years.

Decentralized exchange activity mirrors this expansion, with volumes reaching eight-month highs. The ecosystem's resilience appears intact despite recent price volatility, as institutional analysts increasingly view Solana as a viable Ethereum competitor for high-throughput applications.

Will SOL Price Hit 100?

Based on the provided technical data and market sentiment, a move back to $100 is a plausible near-term scenario, but not a certainty. The technical setup offers a mixed but leaning constructive picture for such a move. The price is at a critical support level (Lower Bollinger Band ~$93), and the positive MACD suggests weakening bearish momentum. A bounce from this zone could easily target the $100 psychological level. However, significant resistance awaits at the 20-day Moving Average (~$121.56). The news highlights a battle between immediate sell-off pressures and strong long-term fundamental beliefs (e.g., institutional adoption, network growth).