Solana Price Analysis: SOL Stalls at $100 Despite $4B Short Squeeze
Solana has spent the past week doing something traders love and fear at the same time: ripping higher, fast. Anyone running a Solana price analysis right now has to reconcile two contradictory signals — a token up sharply over seven days, and a chart flashing warning signs of exhaustion just below a key psychological level. That tension is exactly why SOL’s next move matters so much for the broader altcoin market heading into the final stretch of 2026.
Key takeaways
- Solana climbed from $85.37 on August 20 to an intraday high above $102.59 on August 25, before pulling back toward $97.50.
- The daily RSI sits at an overbought 79, while price remains stuck below the $100 resistance zone.
- More than $4 billion in crypto short positions were liquidated, adding forced buying pressure to the rally.
- Spot Solana ETFs pulled in $65.74 million in net inflows, the strongest weekly figure recorded in 2026.
- Analysts are split between a rally toward $120 and a correction below $92, depending on whether $100–$103 flips into support.
Solana’s Rally From $85 to Above $102: What the Charts Actually Show
Solana’s breakout was sharp and, so far, only partially reversed. The token opened at $85.37 on August 20 and pushed to an intraday high above $102.59 by August 25 — a peak gain of more than 20% before profit-taking dragged it back near $97.50. Even after that pullback, SOL was still holding roughly 14% higher over the seven-day window.
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