Solana Price to $140? Key Metric Hints Potential Reversal
The post Solana Price to $140? Key Metric Hints Potential Reversal appeared on BitcoinEthereumNews.com.
Solana (SOL) is currently eyeing the $140 milestone, as hinted by some key metrics. Specifically, the Relative Strength Index (RSI) shows an upward curve, indicating a possible Solana price reversal. Can Solana hit $140 soon? According to CoinMarketCap data, Solana is currently priced around $124, up 1.9% over the past 24 hours. Additionally, the trading volume increased by over 93.8% to $3.53 billion, as investors continued to accumulate the coin. Further analysis of the price chart showed SOL holding the $118-120 support zone. This is a key psychological and historical level that buyers have defended in past corrections. Thus, if this level holds, it could trigger a short-term bullish correction, as sellers exhaust and the RSI avoids falling below 30. Solana Price Chart | Source: TradingView Currently, the RSI is at 41.82, neutral-bearish territory. It suggests sellers have reduced selling pressure, but buyers have not fully stepped in yet. This could lead to a bounce if momentum shifts, as RSI often leads price reversals on trending markets. Additionally, SOL has stabilized near $120 support levels, hinting at exhaustion, as volume spiked to new highs on recent lows. For Solana to reach $140 from the current $124 level, it would require a price increase of approximately 13%. This is a modest rebound, given that SOL has an all-time high price of $295. Solana ecosystem developments to watch Solana continues to attract DeFi and NFT projects due to its high-speed, low-cost network. A major upcoming catalyst that could trigger a future price rally is the upcoming integration between Solana and Cardano. You Might Also Like Cardano Founder Charles Hoskinson and Solana Founder Anatoly Yakovenko have agreed to establish a cross-chain bridge between the two networks. The bridge would allow Solana to get access to ADA holders’ liquidity. At the same time, it would also…
Filed under: News - @ December 26, 2025 4:27 pm