"SOL Price Prediction: Can Solana Break $90 Resistance After 11% Weekly Dip?"

#SOL

• SOL trades at $84.36, well below 20-day MA of $88.52, with MACD showing neutral-bearish momentum
• Whale controlled profit-taking and Anthropic Pre-IPO token demand on Solana indicate underlying ecosystem strength
• Immediate resistance at $88.52; key support at $79.72 Bollinger lower band; $90 target requires break of MA and MACD bullish crossover

SOL Price Prediction

SOL Technical Analysis: Bearish Signals Amid Key Support Test

According to BTCC financial analyst John, Solana (SOL) is currently trading at $84.36, showing significant bearish pressure after an 11% weekly decline. The 20-day moving average at $88.52 remains a formidable resistance level, with the price trading well below this key indicator. The MACD (12,26,9) reading of -3.2451 with a signal line at -3.2433 and a negligible histogram value of -0.0018 suggests the bearish momentum is stabilizing but not reversing. The Bollinger Bands are widening, with the upper band at $97.32, middle at $88.52, and lower band at $79.72. 'The lower band at $79.72 could provide strong support, but SOL needs to reclaim the $88.52 MA to shift sentiment bullish,' John noted. A break below $79.72 would likely trigger further downside toward the $75 support zone.

Market Sentiment: Cautious Optimism Amid Whale Activity and New Token Momentum

BTCC financial analyst John highlights mixed signals from recent Solana news. The 11% weekly drop reflects broader crypto market correction, but whale investors are engaging in controlled profit-taking rather than panic selling, suggesting underlying confidence. The continued trading momentum of Anthropic Pre-IPO tokens on Solana, despite bans, indicates strong network utility and demand for innovative assets. 'The whale behavior is strategic, not fearful, while the persistence of Anthropic tokens shows Solana's ecosystem retains speculative appeal,' said John. However, tech resistance at $88.52 must be overcome for these positive fundamentals to translate into price gains.

Factors Influencing SOL’s Price

Solana Tests Key Support After 11% Weekly Drop Amid Crypto Market Correction

Solana (SOL) faces a critical test at the $85 support level following an 11% weekly decline, mirroring broader cryptocurrency market weakness. The asset failed to sustain its attempt to breach $100 earlier this month, with current prices reflecting a 47.7% drop since May 2025.

The retreat comes as Bitcoin's slide below $76,000 triggers sector-wide pressure. Macroeconomic headwinds - including sticky inflation, rising oil prices, and bond yield movements - have dampened expectations for Federal Reserve rate cuts, creating unfavorable conditions for risk assets.

Regulatory uncertainty persists despite progress on the CLARITY Act, which cleared Senate Banking Committee hurdles. Market participants await clearer signals on both monetary policy and crypto legislation before committing to new positions.

Solana Whale's Controlled Profit Taking Sparks Market Attention

A long-term Solana holder has sold another 30,000 SOL, worth approximately $2.56 million, continuing a pattern of staged divestment over the past year. The wallet, which initially staked 991,079 SOL five years ago, has now offloaded 965,274 tokens for roughly $137.66 million at an average price of $143 per token.

Despite the sales, the entity maintains a significant position with 381,140 SOL still staked, valued at $32.4 million. This suggests a strategy of measured profit-taking rather than a full exit. Markets typically respond differently to gradual sell-offs compared to sudden liquidations, with traders monitoring supply pressure and exchange flows more closely in such scenarios.

Solana's price remains resilient at $85.24, up 0.65% on the day, with a market capitalization of $49.29 billion. The network continues to demonstrate robust activity, recording $3.35 billion in 24-hour trading volume.

Anthropic Pre-IPO Tokens Defy Ban, Maintain Trading Momentum on Solana

Tokenized Anthropic pre-IPO shares continue trading actively on Solana despite the AI company's move to invalidate secondary market transactions. The ANTHROPIC token, held by 3,663 on-chain addresses, remains a speculative favorite—trading nearly 4x above its $254.57 Forge retail price through Meteora liquidity pools.

Market makers and whales dominate the asset, which peaked above $1,400 before correcting to $956.89 post-announcement. The episode highlights growing demand for tokenized equities as traders seek exposure beyond conventional crypto assets, with Solana emerging as a preferred chain for such speculative instruments.

Will SOL Price Hit 90?

Based on current technical and news analysis, reaching $90 in the immediate term appears challenging. The table below outlines key scenarios:

BTCC analyst John states: 'For SOL to claim $90, it must first break and hold above the $88.52 moving average. The MACD histogram near zero suggests indecision—a bullish crossover could reignite momentum, but failure at resistance may see a re-test of $80 support.' Watch for a daily close above $86 to signal early strength, while a break below $84 would increase downside risk. Overall, a $90 hit is possible but requires both technical confirmation and favorable news flow.