Price Analysis View Non-AMP

Solana Price Near $90 Again: Will the 8th Attempt Finally Break Resistance?

Published by
Sahana Vibhute

The crypto market has turned highly volatile after a series of exploits this month, with nearly a dozen incidents shaking confidence across DeFi. The KelpDAO exploit and the sharp RAVE price crash have only deepened the uncertainty, leaving traders cautious. Amid this backdrop, Solana price saw a brief pullback but quickly bounced from local support, showing relative resilience.

However, the bigger test lies ahead. SOL is once again approaching the same resistance that has capped its upside for weeks, bringing it back to a familiar battleground. The question now is, can Solana finally break above $90, or will this become the 8th failed attempt at reclaiming the range?

Solana (SOL) Price Analysis

Solana has been locked in a well-defined range since February, with $89 acting as immediate resistance and $75–$78 as key support. While bulls have repeatedly pushed above $89, they have consistently failed to hold above the $92–$95 supply zone, where sell-side pressure quickly absorbs the move. This repeated rejection confirms that the area remains a strong distribution zone rather than a breakout level—at least for now.

Currently, SOL is once again approaching this resistance, but this attempt shows slightly improved strength. Volume has picked up compared to recent sessions, indicating rising participation. At the same time, RSI is trending upward toward the mid-50s, suggesting building momentum without being overbought, while MACD is turning positive, signaling a gradual shift in buying pressure.

However, the key issue remains a lack of conviction. Despite improving indicators, the price is still trading below the critical breakout zone, and previous attempts have failed at similar setups. This keeps the probability of another rejection very much alive.

Key levels to watch:

  • Resistance: $92 → $95 → $98 (breakout confirmation zone)
  • Support: $82 → $75 (range low liquidity zone)

A clean breakout and hold above $95–$98 is required to confirm strength. Without that, this remains a range-bound market with repeated sell-offs at resistance.

Wrapping it Up!

Solana is at a decision point, but not a confirmed breakout. If bulls manage to flip $95–$98 into support, the next move could extend toward $105–$115 this month. However, failure to break this zone may lead to another rejection, with the SOL price likely rotating back toward $82 and potentially $75 before any sustainable trend emerges.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Sahana Vibhute

A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences and bringing new insights lie within the prime focus of my task.

Recent Posts

Solana (SOL) Price Breaks Above $90 — Can Bulls Push the Rally Toward $100?

Solana's price has climbed back above $90, extending its recent recovery and putting the $100…

August 22, 2026

Filecoin Price Rebounds 27% as Data Narrative Builds

Filecoin price has finally shown some life after weeks of grinding around $0.66. The token…

August 21, 2026

YZi Labs-Backed BounceBit Shuts Down Chain After 286M BB Exploit

YZi Labs-backed BounceBit is permanently shutting down its own Layer 1 blockchain after an attacker…

August 21, 2026

Injective Price Tests $5 as RWA Infrastructure Expands

The Injective price has arrived at a level that could decide whether this recovery has…

August 21, 2026

Crypto Rally Alert: XRP Posts 13% Daily Gain, Surpassing Bitcoin and Ethereum

XRP rose 13.6% over 24 hours to $1.39, extending a weekly gain of nearly 40%…

August 21, 2026

XRP News: Why Ripple Might Never Go Public, According to One Crypto Analyst

Jesse of Apex Crypto Insights has raised doubts over whether Ripple will ever pursue an…

August 21, 2026