Solana price prediction: $83.72 support in focus? SOL trades down

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Solana drops 1.19% today to $85.55

Highlights

The Solana network suffered the year's largest DeFi hack on April 26, 2026, with North Korean hackers suspected responsible.
Solana Foundation rapidly launched new crisis and security initiatives, but market sentiment remains pressured after the breach.
SOL trades in a sideways $80.00–$90.00 range, with bearish weekly signals outweighing mixed short-term momentum and a low probability of near-term recovery.

Security overhaul as historic DeFi hack drives selling pressure

On April 26, 2026, the Solana network was subjected to a significant hacker attack, identified as the largest DeFi theft of the year and attributed by preliminary evidence to North Korean hackers. In response to the incident, the Solana Foundation established the SIRN crisis network and initiated the Stride security program to address security concerns. These actions were taken following confirmation of the incident, though price action has remained under broader selling pressure.

Bullish signals emerge as trend strength remains muted

The MA-20 is at $85.44 and MA-50 at $85.85, with the price currently between these levels, while the MA-200 remains substantially higher at $121.30. The Ichimoku Kijun on the daily chart is positioned at $83.72, serving as immediate support. MACD on the daily timeframe shows a buy signal, but the ADX is weak at 8.7, indicating a lack of trend strength. RSI and CCI are modestly bullish and below overbought levels; Stoch RSI is trending higher, and the Bull/Bear Power (BBP) on D1 is high and flagged as overbought, implying short-term intraday buyer dominance and the risk of exhaustion. The Awesome Oscillator is bullish, but current volatility is moderate and price action has shifted toward the lower end of the session’s range with renewed downward pressure.

Sideways bias as weekly weakness overshadows intraday momentum

Over the short term, typical volatility is expected to keep SOL within a $80.00 – $90.00 channel. Although daily momentum indicators provide some bullish signals, persistent weakness on weekly timeframes points to less than a 20% chance of a price increase, with a greater likelihood of a move lower. The primary expectation is for price to hold sideways within this band. A breakout above $90.00 could trigger a bullish scenario, while a sustained drop below the Kijun support near $83.72 and $80.00 would indicate further downside risk.

Anton Kharitonov, expert at Traders Union, sees persistent downward pressure on Solana after recent security issues and a notable hacker attack. He believes that while short-term indicators hint at some bullish momentum, the broader technical picture and weak trend conditions indicate elevated risk. The asset remains confined in the $80.00 – $90.00 range, with a sideways movement expected to persist unless support or resistance at key levels is breached. "Base case remains neutral until $90.00 is reclaimed or support near $83.72 fails — caution is warranted."

Earlier, analysts noted that Solana was exhibiting mixed technical signals and a generally neutral outlook, with price consolidating under macro and ecosystem pressures. The recent security breach and subsequent foundation response add a fresh layer of downside risk, making the ability of SOL to hold support near the $83.72 Kijun level a key indicator for determining future trend direction.

Source of Data: SOL Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

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