Solana Price Breaks Above $90: Bulls Eyeing $100
Solana's price has broken above $90, marking an important milestone in its recent recovery. The move is significant because it puts the $100 mark firmly back on traders' radar and suggests that bulls are gaining momentum.
The rally comes with a fresh fundamental boost from Solana's Agave upgrade, which reduced the target slot time from 400 milliseconds to 350 milliseconds, improving the network's processing efficiency.
The latest move in SOL is being backed by a notable pickup in both spot ETF demand and derivatives positioning. The Solana spot ETF chart shows a sharp jump in net inflows, with the latest reading reaching roughly 170,000 SOL, far above the inflows recorded over the preceding days.
A sustained breakout could attract further positioning, while a rejection could trigger a faster unwind of crowded trades. A key level to watch is around $93, where the rising trendline currently sits. Clearing that resistance could open the path toward the psychological $100 level.