Solana price prediction: $90.24 resistance in focus as SOL trades up

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Solana gains 1.90% today to $89.03

Highlights

Institutional demand for Solana is accelerating, driven by a 1,000% increase in real-world assets and major new partnerships.
The launch of Pay.sh with Google Cloud and developments like tokenized stock trading are deepening the network's payment and trading infrastructure.
SOL trades near $89 with overbought signals and weak momentum, likely consolidating between $88.93 and $90.24 in the short term.

Institutional adoption accelerates as real-world asset growth and partnerships expand

Solana is experiencing surging institutional demand, highlighted by its Chief Product Officer revealing at Consensus Miami 2026 that real-world assets on the network have expanded 1,000% since early last year, deepening on-chain utility and accelerating adoption. The launch of Pay.sh, a stablecoin payment gateway jointly developed with Google Cloud, has expanded automated payment capabilities for AI agents, supporting new transactional flows within the ecosystem. Additionally, partnerships with major South Korean financial institutions and the $100 million acquisition of DFlow by MoonPay are reinforcing Solana's payment and trading infrastructure, while plans by Securitize to introduce regulated tokenized stock trading signal further institutional engagement across key verticals.

Mixed momentum and overbought signals raise risk of reversal near resistance

SOL is trading above the SMA-20 at $85.42 and the SMA-50 at $85.08, but remains well below the SMA-200 at $115.82. The Ichimoku Kijun level stands at $86.00, providing immediate support beneath current prices. Momentum signals on the D1 timeframe are mixed: the ADX is neutral at 8.43, while MACD at 0.37 does not indicate trend strength. Oscillator readings show mild to significant overbought conditions, with RSI at 61.15 (buy), Stoch RSI at 100 (overbought), and CCI at 148.82 (overbought). Bull/Bear Power (BBP) is highly positive at 4.61, indicating dominant buyer activity, while the Awesome Oscillator remains neutral. Today, SOL opened with a slight gap up and currently trades near the session high of $89.24 within a daily range of $87.73–$89.24, exhibiting moderate volatility. Several oscillators signaling overbought conditions amid weak trend momentum warn of a potential near-term reversal or a pause in the advance.

Sideways trend expected as weak indicators limit near-term upside

For the coming week, SOL's typical volatility band is projected between $88.93 and $90.24. Given the lack of buy signals from weekly indicators such as RSI, ADX, MACD, or SMA-50, the probability of further gains is considered low (less than 20%), making a near-term retreat more likely. The base case scenario is a sideways consolidation within the $88.93–$90.24 range. Should SOL break above $90.24, short-term upside could follow, although it faces structural resistance from longer-term averages, while a drop below support at $88.93 may trigger additional selling toward lower levels as overbought signals resolve.

Viktoras Karapetjanc, expert at Traders Union, sees Solana’s recent 1,000% RWA growth and deepening institutional partnerships as a strong foundation for long-term value. He believes that major collaborations and ongoing infrastructure upgrades signal increasing adoption, even as technicals warn of near-term resistance. Karapetjanc notes that the consolidation zone between $88.93 and $90.24 should offer a launching pad if momentum returns. "Solana’s institutional momentum is alive and well — I expect these adoption trends to support higher valuations as soon as short-term overbought pressures ease," he says.

Earlier, analysts noted that Solana's medium- and long-term outlook remained constrained by persistent bearish momentum despite active ecosystem developments and institutional interest. With current momentum signals flashing mixed and several oscillators in overbought territory, traders should watch for a potential near-term reversal if SOL fails to decisively breach resistance above $90.24.

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.