Solana Price Breaks $90 as Futures Activity Rises

NewsSun, 23 Aug 2026 18:30:00 UTC2 hours ago
Solana Price Breaks $90 as Futures Activity Rises

  • SOL reclaimed $90 after more than three months, while active trading keeps the breakout in focus for short-term market participants.
  • Futures activity remains elevated, with major exchanges carrying substantial SOL open interest and heavy turnover across key venues.
  • The next nearby major resistance on SOL for the day is $91.33 and $92, while $87.80 could maintain the breakout formation.

After months of consolidation, the price of Solana has broken above a significant psychological level, driving SOL above $90 and resuming short-term bull markets across the market.

SOL Breaks Above Three-Month Resistance

Ash Crypto noted that SOL had broken above $90 after more than three months below that level. The post described the move as bullish, following a prolonged period of sideways price action. The accompanying chart shows buyers gaining momentum as SOL moved beyond the previous trading range.

Source: X

The recovery started after SOL found support near the marked $70.58 level. Price then formed higher lows across the displayed structure. That sequence created a stronger base for the latest breakout attempt.

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