Solana (SOL) Price: Is SOL Finally Setting Up for a Run to $100? Analysts Weigh In

TLDR

• SOL rose ~1.90% to trade near $76.29, breaking out of a falling wedge pattern
• Key resistance sits at $77–$79, with $80 as the next psychological target
• Analysts have mapped upside targets at $82, $98, $114, and $130
• US Solana ETFs recorded zero inflows on August 7, with total assets at $869.97 million
• SOL has formed higher highs and higher lows since the June local bottom

Solana has broken out of a falling wedge pattern that had been forming since early July. At the time of writing, SOL is trading near $76.29, up around 1.90% over the past 24 hours.

The breakout came as SOL pushed above the descending resistance line near $74–$75. Price has now extended toward $76, marking the first clean move outside the pattern in several weeks.

Analyst CryptoJack highlighted the breakout on social media, pointing to price pushing sharply through the resistance line. The move still needs follow-through to be confirmed.

The $77–$79 zone is the next nearby resistance area. A sustained move through that range would bring the early-July highs of $82–$84 back into focus.

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