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Solana posts first positive monthly close in 10 months, signaling potential bullish reversal.

Technical Signals
09 Sep 2026
Blockonomi
View Source
Bullish
Solana posts first positive monthly close in 10 months, signaling potential bullish reversal.

Solana (SOL) has recorded its first positive monthly close in 10 months, with a 34.8% gain over the past month despite a recent slight dip. Key technical indicators like the monthly RSI breaking a two-year downtrend and the MACD nearing a bullish crossover suggest a potential major bullish reversal. Additionally, a large holder accumulated over 285,000 SOL tokens worth nearly $29 million during the recent price recovery from $60. A golden cross on the daily chart hints at a possible rally toward $150 by late October, supported by Solana's Real World Asset ecosystem reaching a record $4.35 billion valuation and dominating memecoin trading volume.

More News (SOL)

Solana posts first positive monthly candle in nearly a year, signaling potential bullish reversal above $150.

Solana posts first positive monthly candle in nearly a year, signaling potential bullish reversal above $150.

Solana (SOL) closed its first positive monthly candle in almost a year, with technical indicators like RSI and MACD showing bullish signals. A large investor accumulated over 285,000 SOL tokens worth nearly $29 million during the recent rebound from ...

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Solana posts first green monthly candle in 10 months with RWA value hitting $4.35B and 67% memecoin volume share.

Solana posts first green monthly candle in 10 months with RWA value hitting $4.35B and 67% memecoin volume share.

Solana (SOL) recorded its first green monthly candle in 10 months in August, signaling a potential turnaround after a long downtrend. The platform's real-world asset (RWA) ecosystem reached a new all-time high value of $4.35 billion, with over 420,00...

Protocol Fundamentals
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Dogecoin joins Solana ecosystem via Sunrise protocol, boosting accessibility and liquidity potential.

Dogecoin joins Solana ecosystem via Sunrise protocol, boosting accessibility and liquidity potential.

Dogecoin (DOGE) has integrated with the Solana (SOL) ecosystem through the Sunrise protocol, allowing DOGE users to access Solana applications without complex bridging steps. This integration enables DOGE to participate in Solana's broader DeFi ecosy...

Protocol Fundamentals
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Solana tests $115-$116 breakout after holding $100 support, with long-term targets up to $250 and beyond.

Solana tests $115-$116 breakout after holding $100 support, with long-term targets up to $250 and beyond.

Solana (SOL) is trading around $105, maintaining above the key $100 level after early September volatility. Technical charts suggest a near-term breakout test at $115-$116, but caution is advised as a reversal could follow if optimism peaks. Longer-t...

Technical Signals
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Solana triples max transaction size with major upgrade on Sept 9, enabling more complex blockchain operations.

Solana triples max transaction size with major upgrade on Sept 9, enabling more complex blockchain operations.

On September 9, Solana will implement a major network upgrade that increases its maximum transaction size from 1,232 bytes to 4,096 bytes, roughly tripling the capacity. This change allows more complex operations within a single atomic transaction, p...

Protocol Fundamentals
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