Solana price gains amid BTC uptick to $71k: Can SOL bounce to $100?
The post Solana price gains amid BTC uptick to $71k: Can SOL bounce to $100? appeared on BitcoinEthereumNews.com.
Solana price touched $90 as Bitcoin broke to above $71,000 on Wednesday. Bulls could eye $100 and higher if BTC explodes further. Solana’s outlook hinges on sustained ETF inflows and resolution in geopolitical tensions. Solana is trading above $90 as of March 4, 2026, with the price seeing slight gains amid an impressive intraday bounce for Bitcoin (BTC). As BTC trades above $71,000, broader optimism across crypto suggests the psychological $100 level is likely for SOL. Momentum has currently put the altcoin on the cusp of a key pattern breakout, with Solana’s resilience across the ETFs market crucial to buy-side appeal. Solana gains amid BTC, ETH uptick Solana’s price action has closely aligned with gains in leading cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH). On Wednesday, Bitcoin retested recent highs above $71k, bolstered by sustained institutional interest despite the war in Iran. Ethereum also pushed higher, with slight gains putting bulls above the $2,000 mark. Meanwhile, the Solana price rose 6% to hit intraday highs above the $90 mark. SOL has not traded above $100 since breaking below the psychological level in early February. Renewed bearishness amid the Iran war threatened to send bulls bleeding below recent support levels. However, Bitcoin has sprung above its key supply wall as buyers resurface, and optimism in the cryptocurrency market sees SOL trade in the same direction. Could an upward breakout take prices past the $100 mark? Solana price outlook: what next for bulls? Technically, SOL continues to trade in a downward channel formed since its September 2025 peak above $250. However, price is tracking an ascending triangle pattern on the daily chart formed since the bounce from the low of $67 on February 6, 2026. Buyers have found it difficult to break above a key resistance line around $90-$92. If the altcoin sees…
Filed under: News - @ March 4, 2026 12:27 pm