Solana Eyes $135 as Fiserv's Stablecoin Platform Goes Live on Solana

Solana's price prediction for October 2026 remains bullish, with the cryptocurrency trading near $121.91 and showing a 3.01% increase in the past day. The rising channel that has guided the price since mid-August has the upper edge near $135, which is about 11% away from the current price. To reach this level, Solana needs to close above $125, the late-September high that has capped the past week. Fiserv's digital asset platform going live with a Solana-based stablecoin, Roughrider Coin, has added to the bullish sentiment, as it marks a significant institutional use case for the platform.

The Solana price analysis shows that the support levels are at $114.43, the 20-day EMA, followed by the channel's lower edge near $108 and the 50-day EMA at $104.40. The 100-day EMA at $95.87 sits just above the 200-day at $95.60, and the RSI at 65.99 remains below 70, leaving room for another push before momentum looks stretched.

Historically, Solana has shown a positive performance in October, with a 12.5% average gain and a median of 4.48% in the past six years. However, it's essential to note that a daily close below the 50-day EMA at $104.40 would expose the 100-day and 200-day EMAs near $95.87 and $95.60, which could lead to a bearish scenario.