Solana Price Surges 14% in Week, Tests $100 Resistance Amid Bullish Sentiment

Solana's price has surged about 14% over the past week, reaching above $102 before retreating to near $97.50.

This upward trend is driven by a broader crypto rally, short liquidations, ETF inflows, and positive network developments such as a new fee proposal.

Despite testing the $100 resistance multiple times, SOL remains in a bullish short-term trend but faces overbought conditions that may require consolidation.

Analysts are divided on what to expect next, with some predicting a rally to $120 if market conditions hold and others warning of a possible correction below $92 if resistance persists.