Solana Price Analysis: SOL Rebound Triggers Potential $80 Retest

Key Insights:

• Solana price analysis suggests that SOL’s rebound shifts focus toward a possible move toward the $80 level.
• Market analysts see the $45-$60 range as a stronger long-term buying zone.
• Solana developers highlight network growth and future blockchain use cases

Solana price prediction is back in focus after SOL bounced from recent lows and moved toward a key resistance level. Traders are watching to see whether the recovery can reach $80. Some long-term buyers still believe that a drop below $60 could offer a better entry point before the next market cycle begins.

Solana Price Analysis: Make or Break Point

Solana price analysis has returned to the spotlight after the coin recovered from recent losses and climbed back near $68. The move has raised fresh hopes that SOL could push higher. However, many traders still believe the market has not made its final low.

An Elliott Wave analysis shared by More Crypto Online also points to a key moment for SOL. The chart shows the token attempting to form a higher low rather than break support. If buyers stay in control, the rebound could lead to a retest of the $80 level.

Meanwhile, Crypto analyst Ardi shared his latest view on the token and explained why he is paying close attention to current prices. He looked back at the last bear market, when Solana reached about $260 before falling sharply.

Many people remember that drop as a 97% loss because the price later touched around $8. However, Ardi said the final part of that fall came after the FTX collapse, when large amounts of SOL entered the market through bankruptcy sales.

Solana Price Analysis| Source: More Crypto Online

Before that happened, Solana had already lost about 90% of its value. He believes that an earlier drop provides a clearer picture of how the market performed without external pressure.

This time, Solana price prediction hinted at a jump to about $295 before a roughly 77% drop. Based on how Bitcoin and Ethereum have behaved during recent market cycles, Ardi thinks an 80% to 85% decline is a more realistic target if the correction continues.

That would place the Solana price between $45 and $60. He said this area also aligns with the lower end of his long-term price model, making it an important zone to watch.

For now, he is not interested in buying at current prices. Instead, he would rather wait to see whether the market drops toward that support area before building a position.

SOL Price and the Potential Next Leg Up

Even with that view, the latest bounce has given buyers something to watch. If SOL keeps moving higher, attention will quickly shift to the $80 level. A break above nearby resistance could bring more buying into the market. On the other hand, if the price loses momentum again, traders may look for support around the $60 before watching the area above $50.

Ardi said he would become much more interested if Solana drops below $60. He added that this does not mean the token cannot fall further. Instead, he believes the possible reward becomes much better compared with the risk.

Solana Price and Historical Links | Source: Ardi

He also pointed to the last market cycle. Solana first reached around $17 before the FTX collapse pushed it lower to about $8. Even after that extra drop, investors who bought around $17 still saw strong gains when the market recovered. Because of that history, some traders are willing to wait for another period of stable trading instead of buying after every short rally.

The Solana Scalability Advantage

While traders continue watching the chart, Solana developers remain focused on building the network. Mert, a well-known voice in the Solana community, said very few blockchain networks have been able to match Solana’s speed without making major trade-offs.

He believes the network has already proved itself through years of heavy use while staying open to developers and users around the world. He also named several areas that could help increase activity on the blockchain. These include on-chain prediction markets, tokenized stocks, payments for large institutions, and better privacy tools.

Those projects may not change the price overnight, but they show that work on the network is still moving forward. If more users and businesses continue to build on Solana, stronger network activity could support future Solana price predictions.

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