Can Solana finally flip that $100 level and hold it? A lot of traders are asking that exact question right now — and honestly, the setup is more interesting than it has been in months.
Here is what changed this week. Developers at Anza just pulled off something big. They completed the first-ever successful Alpenswitch on the Alpenglow community cluster.
Before this, Solana took about 12.8 seconds to finalize a transaction. After the upgrade? That number dropped to somewhere between 100 and 150 milliseconds. That is not a small jump — that is a complete transformation.
Alpenglow also replaces two older systems called Tower BFT and Turbine, now running as Votor and Rotor. Nothing else that happened in crypto this week comes close to this for Solana.
After jumping roughly 15% this week, SOL is sitting right at a key level that broke down earlier this year — somewhere around the $98–$100 zone.
This is not a random spot. It is a major resistance area that has stopped the price more than once. How it reacts here will tell us a lot about where things go next.
Open interest in SOL is also pushing toward a yearly high right now after January. That means more money is entering positions. Traders are paying attention.
On the daily chart, SOL has been stuck inside a clear range for a while. Support sits strong near $75–$77. Resistance is capping things at $98–$100.
SOL Price rallied from the middle of that range back up to resistance, and the RSI is moving higher — buyers are gaining strength here.
This kind of price action usually means one thing. Buyers are building pressure. Every dip is getting bought faster than the last one. That is what an accumulation phase looks like.
If the altcoin closes above $100 with real volume behind it, the first stop is $110–$115. After that, $125–$130 becomes the next realistic target based on the size of the range below.
But if the price gets rejected at $100, do not be surprised to see a pullback toward $88–$90. The $75 support zone is the one number bulls cannot afford to lose.
Zoom out to the 2-day chart, and the coin is still inside a long descending channel. That sounds bad, but look closer. The price has stopped falling at the bottom boundary every single time. Higher lows are forming. The 100-day moving average is back in play. Buyers are slowly taking control.
Price is now pushing toward the $155–$160 area inside that channel. If SOL breaks above the falling trendline and holds above $170, the chart opens up fast — first target is $188, then the $200 zone becomes very realistic.
A clean close above $200 could push the altcoin toward $240–$250. That would complete a full recovery move from the lows.
But if the channel holds as resistance, expect more sideways action with support near $120 and heavier support around $80–$90 below that.
From a liquidity standpoint, further downside is still on the table before any major breakout. Do not let one green week make you forget that.
This article is written for informational purposes only. It is not financial advice. Always do your own research before making any investment decision.