SOL Price Prediction: Will It Rebound to $90?

#SOL

• Oversold Technicals: SOL is trading near its lower Bollinger Band, suggesting a potential for a technical rebound if buying pressure emerges.
• Contradictory Fundamentals: Negative news on market declines conflicts with the strong positive signal of a tenfold increase in non-mainstream stablecoin supply on the network.
• Resistance Overhead: The path to $90 is blocked by significant technical resistance at the 20-day moving average (~$104), requiring a major shift in momentum to overcome.

SOL Price Prediction

Technical Analysis: SOL/USDT Trading Pair

According to data as of February 11, 2026, SOL is trading at $80.77, significantly below its 20-day moving average of $103.88. This indicates a bearish short-term trend. The MACD shows a positive value of 4.34, suggesting some underlying bullish momentum remains, but the price is trading NEAR the lower Bollinger Band at $69.10, signaling it is in an oversold condition. "The current technical picture shows SOL under significant pressure," says BTCC financial analyst Olivia. "However, the oversold reading and positive MACD divergence could provide a foundation for a potential rebound if broader market sentiment improves."

Market Sentiment: A Mix of Challenges and Growth

Recent headlines present a dual narrative for Solana. Negative sentiment stems from reports of rugpulls exploiting the ecosystem and the token's "steep decline" amid market turbulence. Conversely, a tenfold surge in non-USDC/USDT stablecoin supply since January 2025 points to robust underlying network growth and diversification. "The news Flow is contradictory, which often creates volatility," notes BTCC's Olivia. "The negative headlines dominate short-term sentiment, but the fundamental metric of growing stablecoin supply is a strong, long-term bullish indicator for network utility."

Factors Influencing SOL’s Price

X Contest Winner Allegedly Profited $600K from Meme Coin Rugpulls, Bubblemaps Reports

Blockchain intelligence firm Bubblemaps has linked an X user known as Beaver, the winner of a $1 million contest on the platform, to approximately $600,000 in profits from meme coin rugpulls. The investigation, published on February 5, 2026, traces on-chain activity to wallets allegedly connected to Beaver, which repeatedly launched and dumped tokens on Solana-based platforms like Pump.fun.

One example cited is the token $SIAS, which briefly surged to a $6 million market cap before collapsing. The pattern involves quick launches, artificial price spikes, and immediate sell-offs—a classic pump-and-dump scheme. Bubblemaps identified multiple token creations tied to the same cluster of wallets, suggesting coordinated exploitation of retail investors.

The allegations cast a shadow over the legitimacy of Beaver's recent contest victory, raising questions about X's vetting process for high-profile winners. The report underscores the persistent risks in the meme coin sector, where anonymity and low barriers to token creation enable such schemes.

Solana Faces Steep Decline Amid Market Turbulence

Solana's SOL token has breached the $85 support level, extending a downward trend that has erased 38% of its value over the past month. The asset now trades 71% below its January 2025 peak of $293.31, with weekly losses exceeding 19%.

Market analysts attribute the slump to macroeconomic headwinds rather than crypto-specific contagion. Unlike the 2022 FTX-triggered collapse that drove SOL below $10, current conditions lack a singular catastrophic event. Liquidity constraints and geopolitical tensions appear to be the primary drivers.

Despite the downturn, SOL's fundamentals remain robust. The network has demonstrated remarkable resilience since its 2023 nadir, with multiple record highs in subsequent years. Industry observers anticipate a rebound when market sentiment improves, citing Solana's proven capacity for recovery.

Non-USDC/USDT Stablecoin Supply on Solana Surges Tenfold Since January 2025

The stablecoin ecosystem on solana has undergone a dramatic transformation, with non-USDC/USDT alternatives growing tenfold since January 2025. On-chain data reveals these alternative stablecoins now represent 25% of Solana's total stablecoin supply, up from just 3% a year ago—a clear signal of increasing diversification in the market.

USD1 leads the pack among alternative stablecoins with a 6.77% share, followed closely by USDG at 5.92% and PYUSD at 5.84%. This shift comes as Solana's overall stablecoin market cap reaches $14.227 billion, marking a 3.47% weekly increase and 75% year-to-date growth.

The expansion reflects growing demand for Solana's high-speed, low-cost transactions in decentralized finance applications. While USDC maintains dominance with 57.43% market share and USDT holds 17.74%, the rapid rise of alternatives suggests evolving user preferences in the blockchain's financial infrastructure.

Will SOL Price Hit 90?

Based on the current technical and fundamental data, reaching $90 in the near term presents a significant challenge but is not impossible. The price would need to rally approximately 11.4% from its current level of $80.77.

Key Technical Hurdles: SOL faces immediate resistance at its 20-day Moving Average ($103.88) and the middle Bollinger Band. A move to $90 would first require a decisive break above these levels, which currently act as strong ceilings.

Supporting Factors: The oversold condition (price near lower Bollinger Band) and positive MACD could fuel a technical bounce. Furthermore, the explosive growth in on-chain stablecoin supply is a powerful fundamental driver that could attract capital back to the Solana ecosystem, supporting price appreciation.

Conclusion: "A rally to $90 is contingent on a reversal in the current negative market sentiment," explains BTCC financial analyst Olivia. "It would require the positive fundamental story—the growth in network utility—to outweigh the current fear-driven headlines. Watch for a sustained break above the $85 level as an early signal that momentum is shifting."