Don't want to trade it yourself?
Our desk runs DEX portfolios on profit share.
Currencies38614
Market Cap$ 2.57T+7.87%
24h Spot Volume$ 61.54B+26.9%
DominanceBTC56.64%-0.84%ETH10.97%+4.76%
ETH Gas0.43 Gwei
MarketAnalysisSolanaPrice Prediction
Aug 20, 2026
< 1min read
byMaxwell Mutuma
forCoinEdition
Solana (SOL) rallied 13.45% in 24 hours and 13.90% over seven days to about $87.94 after breaking out above a $74–$77 consolidation, pushing toward the $87.33 swing high and a $90 target. Despite the bullish breakout and a planned 350ms network clock speed upgrade that could boost <a href="https://xpertsstudio.com/liquidations-hit-highest-level-since-oct-10-crypto-market-crash/” title=”Liquidations hit highest level since Oct. 10 crypto market crash”>crypto adoption and DeFi activity, falling open interest near $5.65B signals cautious leveraged positioning among traders.
See what traders are focused on
- SOL’s breakout above $77 strengthens bullish momentum as price targets the $87.33 resistance.
- Falling open interest near $5.65B signals cautious leverage despite SOL’s sharp recovery.
- Solana’s faster 350ms network clock could add another catalyst after the recent rally.
Solana has regained strong bullish momentum as traders assess a sharp price rally and an upcoming network speed upgrade. SOL climbed 13.45% over 24 hours and 13.90% over seven days, reaching $87.94.
The move followed a decisive breakout from a lengthy $74 to $77 consolidation range. Meanwhile, derivatives positioning remains cautious after open interest fell sharply from its September peak.
SOL Pushes Toward a Key Resistance
SOL’s latest advance has placed the token near its recent swing high at $87.33. The price briefly moved beyond that level before encountering profit-taking press…
Source: cryptorank.io