Solana (SOL) is currently trading at $143.32, with a market capitalization of $79.10 billion. The token has seen a modest gain of 0.8% in the recent session, contributing to a weekly gain of 2.75%. Here are some key updates and targets:
Recent News:
- Solana's price is attempting to reclaim the $143.5 resistance zone after breaking below it during Thursday's trading.
- The token has established itself as a key player in the crypto market, with growing institutional interest and on-chain activity ¹.
- Solana's ecosystem fundamentals are strong, with over $873 million in tokenized assets, including U.S. Treasury securities and private credit portfolios ².
Short-Term Targets:
- Resistance Levels: $145-$148 and $149-$160
- Support Levels: $138-$140 and $135-$143
- Price Prediction: A successful break above $143.5 resistance and the cluster of 1-hour EMAs could tilt short-term bias back in favor of bulls, potentially targeting $148 and $155-$160 ¹ ³.
Technical Analysis:
- The Relative Strength Index (RSI) momentum oscillator indicates a neutral position, with a value of 57.97.
- The 50-Day SMA is estimated to hit $0.00005010 by February 15, 2026, while the 200-Day SMA is expected to drop to $0.00007139 by the same date ⁴.