Solana price prediction: $80.00–$88.00 range in focus as SOL trades flat

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Solana rises 0.80% to $84.81 today

Highlights

Israel's regulator approved a limited launch of the BILS stablecoin on Solana after a two-year blockchain pilot.
Solana ecosystem reached a record $2.5 billion in total value for Real World Assets, while launching new quantum and DeFi security initiatives.
SOL trades below key averages in a seller-dominated market, with a likely 5-day range of $80.00 to $88.00 and downside bias prevailing.

Stablecoin approval and security upgrades strengthen Solana ecosystem

Israel's regulatory authority has approved the limited rollout of the BILS stablecoin after a two-year pilot on the Solana blockchain. Solana's ecosystem for Real World Assets recently reached a record high of $2.5 billion in total value. The Solana Foundation has introduced Falcon, a test security system for quantum computing risks, and earlier launched STRIDE, a threat-monitoring program for DeFi protocols with more than $10 million in total value locked. Decentralized storage network Xandeum has also begun anchoring its storage state to Bitcoin, adding another layer of verification.

Support holds as technical signals point to seller dominance

SOL is trading under the SMA-20 ($85.47), SMA-50 ($85.90), and SMA-200 ($120.10), with the Ichimoku Kijun at $84.56 providing immediate support. MACD on the daily chart shows a slight positive value and signals 'Strong Buy', while ADX remains low and neutral, reflecting a weak trend. RSI is at 46.23, Stoch RSI indicates oversold conditions, and CCI is at −88.92, collectively underscoring lingering oversold levels. Bull/Bear Power (BBP) at −0.56 signals seller dominance for today, the Awesome Oscillator is neutral, and intraday price action shows moderate volatility near the top of the current session’s range.

Upside capped as breakout odds remain subdued

In the next five trading days, SOL is expected to trade within a typical volatility band from $80.00 to $88.00. The probability of a breakout above the current range is low, with less than a 20% chance of a strong upward move. A bullish scenario would require a firm breakout above $85.50 to open the way for recovery. If support at $80.00 fails, downside could accelerate with sellers maintaining control.

Anton Kharitonov, analyst at Traders Union, sees Solana’s ongoing regulatory and infrastructure developments as positive for long-term fundamentals but notes that technicals remain weak. He highlights the dominance of sellers, with SOL below key moving averages and oversold signals persisting. The analyst remains cautious as momentum has not shifted and volatility is contained within a narrow price band. "Unless SOL reclaims $85.50 with strong volume, I remain defensive and expect further sideways or downside action."

Earlier, analysts noted that Solana faced persistent selling pressure amid unresolved regulatory issues and technical weakness, supporting a cautious short-term outlook. The latest developments around regulatory advancements, expanding real-world asset adoption, and ongoing security upgrades suggest that while technical conditions remain fragile, monitoring for a sustained move above $85.50 is key for any meaningful trend reversal.

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

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.