Solana Price Prediction: Can SOL Reach $111 or Fall to $94 This Week?

Solana price prediction for this week stays bearish below $105.09, the level $SOL needs to reclaim, while the 20-week average at $98.57 is the floor to hold.

Solana Price Analysis: Can $SOL Hold Its Lower Bollinger Band?

$SOL is holding the lower Bollinger Band at $98.95 for now, trading at $99.73 and down 1.07% today, but it sits about 5% under the midline at $105.09, so sellers still control the daily trend.

RSI at 33.33 is close to the 30 line that marks oversold readings. Bearish divergences flagged in early September and early October were each followed by a drop.

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Solana Weekly Chart Analysis: Can $SOL Hold the 20-Week EMA?

$SOL is holding just above the 20-week EMA at $98.57 for now, with the weekly candle near $99.70, but it sits under the 50-week EMA at $105.94, the 200-week at $112.32 and the 100-week at $117.18. A fair value gap, a zone where price moved fast and left little trading behind, also runs from about $113 to $117, so resistance is stacked from $105.94 upward.

The September rally stalled near $125, and $SOL has since slid back to its 20-week average. Below price, a second fair value gap spans roughly $77 to $94 and would be the next support if the average fails.

$SOL looks more likely to bounce toward $105.09 than to close the week below $98.57, and a weekly close below that level would put the $94 zone in play.

$SOL Support and Resistance Levels, October 27 to November 2, 2026

Akash Votes to Migrate From Cosmos to Solana, With $AKT Becoming an SPL Token

SolanaFloor (@SolanaFloor) reported that Akash (@akashnet), a decentralized cloud computing network, passed a proposal to migrate from the Cosmos chain to Solana with 98% yes votes.

Related: Related: Dash Price Prediction: Dash Gains 9% Weekly, but Weak Momentum Threatens Its Recovery

Its native token, $AKT, will launch as an SPL token, the token standard used on Solana. If the move completes, it would add another network’s token to Solana’s ecosystem.

Solana ETFs Lose $8.23M While Bitcoin ETFs Take In $110.34M

US spot crypto ETFs posted mixed flows on October 26. Bitcoin funds took in $110.34M, while Solana funds lost $8.23M, Ethereum funds lost $88.58M and $XRP funds lost $3.61M. Solana’s outflow was small next to Ethereum’s, but with Bitcoin the only group taking in money, fund demand is not cushioning $SOL near $99.

Solana Derivatives: Open Interest Rises as Longs Take Most of the Liquidations

More money is moving into $SOL contracts even as price slips. Open interest, the total value of open contracts, rose 3.87% to $6.50 billion, and derivatives volume climbed 9.08% to $5.31 billion. Longs have paid for it.

They made up $3.47 million of the $4.73 million in liquidations over 24 hours, which are trades closed by force when a leveraged position runs out of margin, and $637.56K of the last four hours’ $686.91K. Binance shows 3.09 long accounts for every short, so most traders are still betting on a bounce.

Solana Price Prediction: Bullish and Bearish Scenarios for This Week

Bullish Case, Target: $111.24

$SOL holds above the 20-week EMA at $98.57, closes above the daily Bollinger midline at $105.09 and clears the 50-week EMA at $105.94. That would open the upper Bollinger Band at $111.24, with the 200-week EMA at $112.32 just above it. A turn to inflows in Solana ETFs would fit this path.

Bearish Case, Risk Level: $98.57 (20-Week EMA)

$SOL closes below the lower Bollinger Band at $98.95 and the 20-week EMA at $98.57, which would put the top of the weekly fair value gap near $94 in play. A weekly close below that zone would expose its base near $77. More long liquidations would fit this path.

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