The post Solana Price Eyes $100 Breakout After Clearing Key Sell Pressure Zone   appeared on BitcoinEthereumNews.com. The Solana price managed to exit month-longThe post Solana Price Eyes $100 Breakout After Clearing Key Sell Pressure Zone   appeared on BitcoinEthereumNews.com. The Solana price managed to exit month-long

Solana Price Eyes $100 Breakout After Clearing Key Sell Pressure Zone

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
  • The Solana price managed to exit month-long consolidation after a $91.5 resistance breakout, signaling renewed recovery momentum in the market.
  • Market analysts point to Glassnode URPD data, revealing a dense concentration of trading activity in the $82–$85 range.
  • The overhead 100-and-200-day EMAs ( exponential moving average) create additional selling pressure at $110 and $130.

Solana, the seventh largest cryptocurrency by market capitalization, shows a slight downtick of 0.8% to stabilize above $95.38 mark. However, a shallow pullback and daily candle showcasing long-rejection from bottom indicate underlying demand, and investors cautious behaviour as they wait for the Federal Reserve’s policy decision. However, the recent on-chain data shows that Solana price has a higher potential to extend its recovery above $100.

SOL Builds Strong Floor Near $85 as Bulls Target Higher Levels

Over the past week, the Solana price recorded a notable recovery from $80.26 to $95 registering 18% growth. Consequently, the asset’s market cap surged to $54.28 billion. The bullish momentum following broader market recovery amid the easing geopolitical tension. 

Recent on-chain metrics for Solana show that some 76 million SOL tokens changed hands in the narrow band between $82.60 and $85.50 over the span of 38 days. This prolonged period of concentrated trading seems to have used up available sell orders in that zone, and a solid base of support was left behind as buyers stepped in heavily.

Glassnode’s Unspent Realized Price Distribution (URPD) visualization highlights this volatility at the highest volume bars are all concentrated around the bottom prices near $82.60 and $85.55, being distributed far along the horizontal scale up to the 25 hour mark equivalent, while the profile noticeably thins higher up. There is a brief, shallow bar around $94.40 indicating sparse previous accumulation there.

Above the present levels, token holdings are still relatively light. The closest meaningful supply pocket is near the round $100 figure with a further significant cluster around $115.04. This asymmetry implies that overhead resistance is lighter relative to the depth setup below which could open the door for upside price exploration provided momentum remains.

 The observed structure serves to emphasize the way prior buying interest has fixed the lower boundary and left the path towards psychological and liquidity thresholds relatively unobstructed.

Solana Price Poised For Key Breakout From $91.5 Resistance

Amid the recent market recovery, the Solana price gave a decisive breakout from the resistance trendline of a falling channel pattern at $91.5. Since mid-September 2025, the coin price witnessed a steady downtrend, resonating within the two parallel trendlines of this pattern. 

Historically, the chart setup has acted as a major reversal signal for market participants as breakout from its key resistance signals a shift in market sentiment. The daily chart shows that Solana price reclaimed the 20-and-50-day EMAs in its recent swing, signaling the recovery’s bullish momentum.

A 0.8% intraday loss today is likely retesting the breach trendline as potential support and validate the demand pressure for higher recovery. From the technical point of view, the post-breakout rally could push the asset $118 region for the initial target.

SOL/USDT -1d Chart

On the contrary, if the sellers continue to defend the pattern’s resistance trendline, the market participant must watch for reversal signals in a shorter time frame. A possible bearish reversal from this resistance would drive an extended downtrend in SOL price.

Source: https://www.cryptonewsz.com/solana-price-clearing-key-sell-pressure-zone/

Market Opportunity
Solana Logo
Solana Price(SOL)
$89.1
$89.1$89.1
+1.67%
USD
Solana (SOL) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

The post Polygon Tops RWA Rankings With $1.1B in Tokenized Assets appeared on BitcoinEthereumNews.com. Key Notes A new report from Dune and RWA.xyz highlights Polygon’s role in the growing RWA sector. Polygon PoS currently holds $1.13 billion in RWA Total Value Locked (TVL) across 269 assets. The network holds a 62% market share of tokenized global bonds, driven by European money market funds. The Polygon POL $0.25 24h volatility: 1.4% Market cap: $2.64 B Vol. 24h: $106.17 M network is securing a significant position in the rapidly growing tokenization space, now holding over $1.13 billion in total value locked (TVL) from Real World Assets (RWAs). This development comes as the network continues to evolve, recently deploying its major “Rio” upgrade on the Amoy testnet to enhance future scaling capabilities. This information comes from a new joint report on the state of the RWA market published on Sept. 17 by blockchain analytics firm Dune and data platform RWA.xyz. The focus on RWAs is intensifying across the industry, coinciding with events like the ongoing Real-World Asset Summit in New York. Sandeep Nailwal, CEO of the Polygon Foundation, highlighted the findings via a post on X, noting that the TVL is spread across 269 assets and 2,900 holders on the Polygon PoS chain. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 Key Trends From the 2025 RWA Report The joint publication, titled “RWA REPORT 2025,” offers a comprehensive look into the tokenized asset landscape, which it states has grown 224% since the start of 2024. The report identifies several key trends driving this expansion. According to…
Share
BitcoinEthereumNews2025/09/18 00:40
World Gold Council’s Pivotal Framework Promises Unprecedented Market Trust

World Gold Council’s Pivotal Framework Promises Unprecedented Market Trust

The post World Gold Council’s Pivotal Framework Promises Unprecedented Market Trust appeared on BitcoinEthereumNews.com. Tokenized Gold Revolution: World Gold Council
Share
BitcoinEthereumNews2026/03/20 03:58
How to earn from cloud mining: IeByte’s upgraded auto-cloud mining platform unlocks genuine passive earnings

How to earn from cloud mining: IeByte’s upgraded auto-cloud mining platform unlocks genuine passive earnings

The post How to earn from cloud mining: IeByte’s upgraded auto-cloud mining platform unlocks genuine passive earnings appeared on BitcoinEthereumNews.com. contributor Posted: September 17, 2025 As digital assets continue to reshape global finance, cloud mining has become one of the most effective ways for investors to generate stable passive income. Addressing the growing demand for simplicity, security, and profitability, IeByte has officially upgraded its fully automated cloud mining platform, empowering both beginners and experienced investors to earn Bitcoin, Dogecoin, and other mainstream cryptocurrencies without the need for hardware or technical expertise. Why cloud mining in 2025? Traditional crypto mining requires expensive hardware, high electricity costs, and constant maintenance. In 2025, with blockchain networks becoming more competitive, these barriers have grown even higher. Cloud mining solves this by allowing users to lease professional mining power remotely, eliminating the upfront costs and complexity. IeByte stands at the forefront of this transformation, offering investors a transparent and seamless path to daily earnings. IeByte’s upgraded auto-cloud mining platform With its latest upgrade, IeByte introduces: Full Automation: Mining contracts can be activated in just one click, with all processes handled by IeByte’s servers. Enhanced Security: Bank-grade encryption, cold wallets, and real-time monitoring protect every transaction. Scalable Options: From starter packages to high-level investment contracts, investors can choose the plan that matches their goals. Global Reach: Already trusted by users in over 100 countries. Mining contracts for 2025 IeByte offers a wide range of contracts tailored for every investor level. From entry-level plans with daily returns to premium high-yield packages, the platform ensures maximum accessibility. Contract Type Duration Price Daily Reward Total Earnings (Principal + Profit) Starter Contract 1 Day $200 $6 $200 + $6 + $10 bonus Bronze Basic Contract 2 Days $500 $13.5 $500 + $27 Bronze Basic Contract 3 Days $1,200 $36 $1,200 + $108 Silver Advanced Contract 1 Day $5,000 $175 $5,000 + $175 Silver Advanced Contract 2 Days $8,000 $320 $8,000 + $640 Silver…
Share
BitcoinEthereumNews2025/09/17 23:48