Solana Price Prediction Eyes Rebound to $127 as Leverage Remains Elevated

The Solana price prediction remains focused on reclaiming $127 as traders continue to eye this target. According to data from CoinMarketCap, SOL is currently trading at around $110.51, with nearby support holding near $107.

Analysts have projected two higher targets: $148 and the previously mentioned $127. The latter sits roughly 17% above CoinMarketCap's Sept. 20 snapshot.

Futures open interest stood near $6.87 billion as leverage remained elevated, leaving room for potential price volatility when crowded leveraged positions are moved against.