Solana is trading inside a range as participants watch support stability and breakout confirmation that could define the next major price move.Solana is trading inside a range as participants watch support stability and breakout confirmation that could define the next major price move.

Solana Price Prediction: SOL Trades in Key Range as $78 Support and $90 Breakout Level Defines Next Move

2026/02/19 22:00
4 min read

Solana price is trading at a critical technical inflection point, with price compressing inside a well-defined range while network fundamentals and macro narratives build a longer-term bullish case. The current structure reflects a market balancing short-term uncertainty with strong underlying ecosystem growth.

According to Brave New Coin data, Solana is trading at $81.65. The current SOL setup highlights a market transitioning from aggressive selling pressure towards potential accumulation, with traders closely watching support stability and breakout confirmation levels.

Solana Price Trades Within $78–$90 Range

A chart shared by Crypto Chiefs shows Solana trading inside a clearly defined range, with price fluctuating between the $78 support zone and the $90 resistance region. This range has contained recent volatility and reflects a period of market indecision following the prior downtrend.

Solana is within a defined $78–$90 range, signaling market indecision as traders watch for a breakout or breakdown. Source: Crypto Chiefs via X

As long as SOL remains within this structure, price action is likely to remain volatile and directionless. A sustained breakout above $90 would signal renewed bullish momentum, with the price looking to take out the $100 psychological level once again. Conversely, a breakdown below $78 would expose the market to deeper demand zones and extend downside risk.

Range-bound conditions typically reflect liquidity compression before major directional moves.

Higher-Timeframe Structure Signals Possible Bottom Formation

From a higher-timeframe perspective, some analysts suggest Solana may be entering a long-term bottom formation phase near major historical demand. Ted Pillows highlights a large accumulation range between roughly $60–$80, a region where price previously consolidated before initiating a strong bullish expansion.

Solana tests a major $60–$80 accumulation zone, with analysts watching for base formation and potential recovery structure. Source: Ted Pillows via X

The current structure shows similarities to prior cycle behavior, with SOL revisiting long-term demand after an extended decline from the $200+ region. Holding above the $75–$78 support zone strengthens the base-building narrative, while a breakdown could expose deeper historical demand near $60–$65, which acts as the next structural support.

If this accumulation range holds and price reclaims resistance above $90, the structure could shift towards recovery targets near $110–$120. Until then, the bottom formation remains conditional and requires confirmation through sustained higher highs and support defense.

Global Liquidity Pushing Solana Price Prediction Towards $2000

A growing macro narrative suggests Solana’s long-term trajectory remains closely linked to global liquidity expansion, particularly trends in global M2 money supply. Market analysis shared by GordonGekko indicates that Solana has historically followed global M2 liquidity movements very closely, with major price expansions aligning with periods of increasing global liquidity.

Solana’s price shows a strong historical correlation with global M2 liquidity, with analyst projecting major upside if alignment resumes. Source: GordonGekko via X

However, for the first time since 2020, this correlation has recently broken, a divergence that could signal significant upside potential if SOL realigns with global liquidity trends. Based on this thesis, some projections point towards a long-term target near $2000 if liquidity conditions accelerate.

Solana & Fundamentals

Beyond technical structure, Solana’s fundamental growth continues to strengthen its long-term outlook. According to Messari’s latest State of Solana report, several key ecosystem metrics recorded significant expansion.

Real-world asset (RWA) value on Solana increased 58.7% quarter-over-quarter to $1.1 billion, reflecting rising institutional adoption and ecosystem expansion. The network’s liquid staking ratio climbed to 17.6%, highlighting increased capital participation and improved capital efficiency. Meanwhile, stablecoin market capitalization grew 5.3% quarter-over-quarter to $14.9 billion, signaling sustained liquidity growth.

Solana’s ecosystem shows strong growth with rising RWA value, staking participation, and stablecoin liquidity supporting long-term outlook. Source: Messari via X

From a structural perspective, expanding network usage, rising capital inflows, and stronger ecosystem activity provide fundamental support for Solana’s long-term valuation even as short-term Solana price prediction remains uncertain.

Final Thoughts: Can Bulls Push for a Bullish Breakout?

Solana price now is trading inside a high-decision range where both downside risk and recovery potential remain in play. Strong ecosystem fundamentals and growing institutional narratives support long-term optimism, but technical confirmation remains necessary.

Solana price trades at $81.65, down -3.53% in the last 24 hours. Source: SOL price via Brave New Coin

If SOL holds $78 support and breaks above the $90 resistance, Solana price prediction could target $120 and higher. However, failure to maintain support would likely extend consolidation or trigger deeper retracement before sustainable upside emerges. For now, Solana remains caught between structural weakness and long-term opportunity.

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