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Solana is nearing another significant threshold that may indicate a potential price surge.
SOL is currently trading around $91.20, reflecting an increase of approximately 8% in the last 24 hours. The token has risen about 3.5% over the past week.
The overall situation remains challenging. Solana is still roughly 13% down over the previous month and nearly 70% below its all-time high of $293.31 reached in January 2025.
Source: Coinglass
At the same time, derivatives activity is on the rise. Data from CoinGlass indicates that trading volume has surged by 24% to $17 billion, while open interest has increased by 7% to $5.26 billion.
This combination typically suggests that traders are initiating new positions as the price nears a critical decision point.
Solana Price Prediction: Why $95 Is the Level Everyone Is Watching
The $95 mark has become the pivotal level on the chart.
Examining the movement from the $120 swing high to the $80 low, the 38.2% to 50% Fibonacci retracement is located near $95. This zone often serves as the initial significant resistance during recovery phases.
It also carries structural significance. The range between $92 and $97 previously functioned as support before the decline, suggesting it could now convert into resistance as the price revisits this area. Additionally, liquidity appears to be concentrated just above $95, heightening the sensitivity of this level.
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Source: SOLUSD / TradingView
The RSI has bounced back from oversold conditions and is now nearing the 50 mark. If it stalls at this level, sellers might regain dominance. The volume during the rebound has also been moderate, indicating that this movement may still represent a corrective bounce rather than a complete reversal.
If SOL manages to break and maintain its position above $95, the next upward zone could emerge around $105 to $110. Conversely, if the price faces rejection again, attention will quickly revert to $85.
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The project is already gaining traction. The $MAXI presale has accumulated nearly $4.6 million to date, with staking rewards reaching as high as 68% APY for early participants.
If this cycle favors attention over perfection, Maxi Doge is precisely tailored for that type of market.
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