Solana: Surges Above $100 First Since February

Solana surges above $100 for the first time since February 3 as the crypto rally gains momentum.

Price action over the past six months has seen repeated tests of the $80-$90 zone before this breakout, driven by sustained institutional flows into high-beta layer-1 assets. With price testing upper Bollinger resistance at $98.21 while RSI flashes overbought at 77.32, a healthy retracement to the 50-EMA support at $82.56 seems probable before further continuation, especially as the MACD golden cross at 4.3 reinforces the broader bullish trend structure above the 200-EMA at $78.03.