Overview
- Solana traded near $87 to $88 on Monday, staying above short-term moving averages that track recent prices and meeting sellers near $88.20 to $90.
- Analysts highlight $92 to $94 as the key level to clear for a run at the $100 round number, and they say a move needs stronger trading volume to last.
- A tight three‑day Bollinger Band range between $77 and $94 shows muted swings, so some warn to wait for a confirmed close outside that band before chasing a move.
- Funds that hold SOL reported $9.44 million in net inflows last week after a five‑day streak that totaled about $1.45 billion, and CoinCentral says Goldman Sachs disclosed roughly $108 million in SOL.
- Derivatives data show open interest near $5.23 billion and a positive funding rate, which means long traders are paying to keep bets, as RSI near 55 and a positive MACD point to a slight bullish tilt.