SOL Price Jumps 10% as Solana Drives Crypto Market Recovery – Is $100 Next?

Market analysts are looking into whether the Solana price will rise towards the $110-$115 range, based on the technical and on-chain indicators.

Currently, Solana (SOL) is trading around $87.66, an increase of 10% over the past 24 hours from an intraday high of $86 on Wednesday, February 25.

The price recovery comes as SOL’s open interest rose by more than 5%, reaching $5.27 billion. Analysts anticipate that the short-term market rise and fundamental indicators can support a price upward surge.

Key Highlights

• Solana’s SOL price has risen by 10% 24 hours, prompted by a broader bullish trend in the market and an increase in Solana ETF inflows.
• Solana’s symmetrical triangle breakout is near $110.

SOL price recovers as the crypto market turns optimistic

Solana (SOL) price rose by 13.6%, reaching $86 on Wednesday, after a two-week low of $75 on Tuesday. Analysts consider the surge as an effect of the broader market recovery.

Bitcoin price surged over 6% on Wednesday, February 25, 2026, recovering to approximately $68,500. It has also triggered a broad relief rally across the cryptocurrency market.

On the other hand, the Ethereum (ETH) price increased by 13.17%, reaching $2,098. It also saw significant daily gains among the top ten cryptocurrencies. As part of this broader market optimism, the global crypto market capitalization increased by 4% on Wednesday, reaching $2.28 trillion. Solana’s surge comes after significant short liquidation, reaching $15.4 million over the last 24 hours, indicating high demand-side pressure.

The US-based spot ETFs recorded $40 million in net inflows since February 9. According to analysts, increasing demand-side pressure could support SOL prices, along with the increased inflows from global Solana investment products and buying by whales.

SOL Technical Charts Suggest a Symmetrical Triangle

According to TradingView, the SOL price is breaking above a symmetrical triangle on the six-hour time frame. According to analysts, the price should close above the 100-day simple moving average (SMA) at $86 to support an upward momentum.

Based on the prevailing patterns and calculations of the height of the formed symmetrical triangle, the breakout point is $110, which coincides with the 50-day SMA. It indicates a 28.5% rally from the current levels.

Cointelegraph reported that if the daily candlestick closes above the 20-day EMA, currently at $88 would open the way towards $95 and later to $117. The Glassnode’s price distribution chart shows limited historical buying activity above $85. This means bulls can easily break the resistance levels.

Currently, there are only a few SOL holders above this zone. This means the chance of sellers stepping in is low until the price reaches a new supply zone. The next major resistance level is at $115, the point where about 22 million SOL were previously acquired.

SOL Current Market Indicators

Solana’s (SOL) 14-day Relative Strength Index (RSI) stands at 64.90, signalling active buying interest without reaching overbought territory, at 70.
The MACD line is rising toward the zero line, suggesting a bullish momentum. SOL is also trading above the 20-day EMA, indicating bullish bias. However, it is still trading below the 50-day EMA and the 200-day moving average, suggesting major overhead resistance.