Solana Bulls Eye $120 as Token Trades Near Record Levels

Solana (SOL) is trading near $116 after a steady climb from around $75 in August, according to recent data.

The token has broken through a resistance band between $95 and $100, which had previously capped several rallies during the first half of 2026.

Analysts are now watching the $118-$120 area closely, with a confirmed break above this level potentially putting SOL at its highest point since an earlier drop this year.

The Solana Foundation has announced new leaders, including former Binance executive Rachel Conlan as chief strategy officer and former Polygon Labs executive Jamal Raees as general manager of payments, both focused on institutional partnerships and payment adoption.