Overview
- Solana, which traded around $90 on Friday with a market value near $52 billion, remains capped below the well‑watched $98 level.
- Since February the token has moved inside a range from $78 to $98 with $88 acting as a pivot that traders use to gauge momentum.
- Analysts say a daily close above $98 could set up moves to about $107 first with $117 as a secondary target.
- A rejection at $98 keeps risk toward $88 or even $78, with nearer supports flagged at $92 and $89.
- Coverage links the next leg to interest in a possible Solana ETF, upcoming Alpenglow and Firedancer upgrades, and corporate treasury moves that can add buying or selling pressure.