Solana (SOL) still dey under $100 for 90 days as on-chain strength dey continue
Solana (SOL) don spend 90 days straight below $100, na na longest since 2020. SOL dey around $84.94 (+1.32% in 24h) with daily volume near $3.05B and market cap about $48.96B.
Traders dey eye technical levels for SOL. Resistance dey for $86, then $88–$90. If e break persistently above $90, e mean buyers dey regain control. Support dey $83–$84; if e loss, fit drag SOL go $78–$80.
Momentum still under pressure because SOL still capped under the 50-day EMA (about $86–$88), wey fit make rallies form lower highs. Stronger bull signal go be when SOL reclaim uptrend line together with the 50-day EMA.
Even with weak price, on-chain data for SOL strong. For Q1 2026, Solana log over $10B in on-chain payments and about 10.1B transfers, fueling a “price-use disconnect” story wey fit support later recovery.
Relative strength na key thing to watch. SOL/BTC still for broader downtrend, and until SOL break that resistance, SOL fit continue to underperform Bitcoin. Long-term optimism depend on SOL first holding above $90 and then pushing through $100.
Neutral
SOL dey bearish for short term because e don remain under $100 for months and e still dey capped below the 50-day EMA, making rallies vulnerable and SOL/BTC weak for relative terms. But the news no complete bearish: on-chain activity for SOL strong, wey show say fundamentals fit support later rebound. Traders likely go stay cautious until SOL clear $90 (and then $100) and show improvement versus BTC; until then, price weakness fit persist despite strong usage.