Solana Price Prediction: $80 Support in Focus as $114 Breakout Target Remains Possible

By Patrick Timely

Kraken

Solana is trading at $83.96, holding just above a key technical zone after weeks of sustained downside pressure. The broader structure turned weaker after SOL broke below a long-standing consolidation range, yet short-term stabilization near $80 has created a clear inflection point. Some analysts warn of a deeper move toward $50–$60, while others see the potential for a recovery toward $100 and possibly $114 if resistance levels are reclaimed.

Head and shoulders breakdown shifts structure lower

On the daily timeframe, Solana confirmed a head and shoulders breakdown after losing horizontal support that had held through much of 2024 and 2025. The pattern shows a left shoulder in mid-2024, a higher peak forming the head in early 2025, and a right shoulder later in the year. Once the neckline gave way, price slid below the former base in the low $100 region, which now acts as resistance. The broader structure shifted into lower highs and lower lows following that breakdown.

Momentum also weakened during the selloff, with the RSI trending toward the low 30s, reflecting sustained bearish pressure.

With that breakdown confirmed, the next major support band on the higher timeframe sits in the $50–$60 region, where SOL previously found demand during earlier market cycles. As long as price remains below the former range, the dominant structure stays tilted to the downside.

$80 support becomes the immediate battleground

On the three-day timeframe, SOL extended lower into the high $70s before buyers stepped in. Recent candles printed longer lower wicks near $80, suggesting active demand at this level. However, the prior consolidation zone in the low $120s remains overhead resistance.

If SOL fails to hold the $76–$80 region, the next visible reference band sits in the high $60s. A decisive breakdown below $76 would increase the probability of continuation toward deeper support. On the other hand, sustained stabilization above $80 would mark the first meaningful pause in the recent decline.

Funding rates flash crowded short conditions

Solana’s derivatives market adds another dimension to the current setup. Futures funding rates have remained negative for 16 consecutive days. Negative funding means short traders are paying longs to maintain exposure, signaling that bearish positioning dominates the perpetual futures market.

Extended negative funding streaks have historically appeared during deeply pessimistic phases. While funding alone does not determine direction, prolonged short dominance can create the conditions for sharp short-covering rallies if price begins to recover. For now, however, funding reflects cautious and defensive positioning.

Breakout scenario keeps $114.35 in play

On lower timeframes, a potential rebound structure is developing. The 4-hour SOLUSDT chart shows price compressing upward into a wide resistance band after bouncing from diagonal support. If SOL breaks above that grey resistance zone with strong confirmation, a measured move projects toward $114.35.

Before that target comes into play, SOL would need to reclaim resistance near $89.5, then $97, and eventually the $100–$102 region. Without a confirmed breakout, however, any rally risks forming another lower high within the broader downtrend.

ETF staking payout adds fundamental context

On the fundamental side, 21Shares announced a $0.316871 per share staking payout for its Solana ETF, TSOL. The ex and record date fell on February 13, with payment scheduled for February 17. The announcement highlights the yield component of SOL exposure and reflects continued institutional engagement.

Around the same time, SOL rebounded from the $76–$78 region and pushed back into the mid-$80s. While ETF staking rewards do not alter technical structure immediately, they reinforce long-term ecosystem development and can support sentiment if price stabilizes.

Solana price prediction

According to CoinCodex’s Solana price prediction, Solana could gradually recover through mid-2026 if current support holds. February is forecast to average near $93, with potential highs around $103. March carries an average projection near $115 and possible highs above $125. From April through June, average prices cluster between $118 and $123, with upside potential toward $127. By July, the model suggests an average near $111.

These projections imply a potential move into the $111–$127 range by mid-2026, representing notable upside from the current $83.96 level. However, such forecasts depend on broader market recovery and sustained defense of the $76–$80 support zone.

Outlook: Turning point or continuation?

Solana is now positioned at a structural crossroads. Holding the $76–$80 zone and reclaiming nearby resistance could shift short-term momentum back toward $100 and eventually $114. A failure to defend this region would expose the high $60s and potentially the broader $50–$60 macro support band.

With volatility compressed near a critical level and funding deeply negative, the next decisive move is likely to set the tone for the coming weeks.

Source:: Solana Price Prediction: $80 Support in Focus as $114 Breakout Target Remains Possible