Investment
Features
FeesSafety
Academy
More
Pluang+

Solana price rebounds 6% with potential bullish breakout above $97.8 targeting $118

Technical Signals
22 Apr 2026
Crypto news
View Source
Bullish
pluang ai news

Solana's price has risen 6% after a recent drop, reaching $88.5 amid improved market sentiment driven by easing geopolitical tensions and increased trading volume. The token is forming a double bottom pattern, a bullish signal, with a breakout above $97.8 potentially pushing the price to $118. Additionally, over $20.5 million in short positions near $91 could trigger a short squeeze, accelerating gains. Institutional interest is strong, with Goldman Sachs holding $108 million in Solana ETFs and total assets in Solana spot ETFs surpassing $1 billion, supporting further upside potential.

More News (SOL)

Solana holds key support near $75, aiming for $120 if it breaks $82-$94 resistance zone.

Solana holds key support near $75, aiming for $120 if it breaks $82-$94 resistance zone.

Solana is currently defending a crucial support level around $75.20, which could confirm a false breakdown and lead to a recovery targeting $98 and potentially $120. However, buyers must reclaim the $82-$94 resistance zone to confirm a stronger upwar...

Technical Signals
Neutral
4 hours ago
Solana price jumps nearly 30% since June, eyes $100 after key partnership and strong network activity

Solana price jumps nearly 30% since June, eyes $100 after key partnership and strong network activity

Solana (SOL) has surged about 30% from its June low of $60, currently trading around $77–$78. The token benefits from a strategic partnership with SBI Holdings to build on-chain financial infrastructure in Japan, boosting institutional confidence. So...

Technical Signals
Bullish
10 hours ago
US Treasury sanctions crypto addresses linked to Cuba; Tether freezes $131M USDT amid rising enforcement risks.

US Treasury sanctions crypto addresses linked to Cuba; Tether freezes $131M USDT amid rising enforcement risks.

The U.S. Treasury's OFAC sanctioned multiple cryptocurrency addresses tied to Cuban entities, marking an extension of sanctions into major blockchain networks like Bitcoin, Ethereum, and Solana. Concurrently, Tether froze $131 million in USDT on the ...

Market News
Bearish
12 hours ago
Bitcoin nears $65K as U.S. inflation cools, slashing Fed rate hike odds for July

Bitcoin nears $65K as U.S. inflation cools, slashing Fed rate hike odds for July

Bitcoin surged nearly 3.6% to around $64,800 after U.S. inflation data showed a bigger-than-expected slowdown in June, with headline inflation dropping to 3.5% and core inflation easing to 2.6%. This cooling inflation sharply reduced market expectati...

Market News
Bullish
13 hours ago
$500M USDC minted on Solana, boosting liquidity and institutional confidence

$500M USDC minted on Solana, boosting liquidity and institutional confidence

On July 14, 2026, $500 million worth of USDC stablecoins were minted on the Solana blockchain in two $250 million tranches. This move significantly increases liquidity on Solana and reflects growing institutional trust in the network's ability to han...

Protocol Fundamentals
Bullish
20 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App