Solana price forecast: is $150 next amid US-Iran ceasefire?
The post Solana price forecast: is $150 next amid US-Iran ceasefire? appeared on BitcoinEthereumNews.com.
Solana price has gained in the past 24 hours as Bitcoin retests $72,000. The SOL token could rally to $150 amid the US-Iran ceasefire. However, continued weakness could allow bears to target $70 or lower. Solana’s latest rebound has revived bullish speculation, with decent gains aligning with an uptick for risk asset markets. As traders digest the impact of easing geopolitical tensions amid the ceasefire between the US and Iran, the key question is whether a shift in sentiment could propel Solana to its year-to-date highs of $150. Solana eyes $90 as geopolitical risk cools As noted, the broader cryptocurrency market pushed higher overnight Tuesday after US President Donald Trump announced a two‑week ceasefire deal with Iran. The news has eased fears of a deeper regional conflict, with the Pakistan‑brokered talks coming ahead of a 48‑hour deadline set by Washington. Stocks and cryptocurrencies rose as risk sentiment changed from defensive positioning to an aggressive hunt for upside exposure. The sharp gains saw more than $425 million in short positions liquidated in the past 24 hours, with over $100 billion added to the global crypto market capitalization. Bitcoin edged above the $72,000 mark, and Ethereum climbed to $2,270, boosting altcoins as traders rotated capital back into major tokens and high‑beta plays. Solana’s upswing had SOL advancing to above $86. The move toward $90 erases part of last week’s drawdown that followed the Drift Protocol exploit. SOL price analysis While SOL’s percentage gains pale in comparison to intraday moves of Zcash, Bittensor, and LayerZero, the uptick was still significant from a market‑structure point of view. The recovery helped re‑establish a higher trading range, suggesting that the worst of the exploit‑driven capitulation may be over if the ceasefire holds and broader crypto inflows continue. On the charts, SOL has recently been shadowed by…
Filed under: News - @ April 8, 2026 10:22 am