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Solana trades near $85 amid strong derivatives interest and eyes $100+ breakout soon.

Technical Signals
26 May 2026
Blockonomi
View Source
Bullish
pluang ai news

Solana (SOL) is consolidating in a narrow range between $75 and $98, currently trading around $85–$86 with critical liquidity zones at $86–$88 and support near $80. Despite sideways price action, perpetual decentralized exchange open interest has hit a record $200 million, signaling strong trader engagement. Technical indicators show cautious sentiment, but a decisive daily close above $98 could trigger a rally toward $100 and beyond, with some analysts projecting targets as high as $500–$675 in the next bull cycle. Solana also leads in decentralized app revenue, supported by its low fees and fast transactions, suggesting solid fundamental backing for future growth.

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