Solana Price Prediction: Is $150 Next Amid US-Iran Ceasefire?

Solana price has gained in the last 24 hours as Bitcoin retests $72,000.
With the US-Iran ceasefire agreement, the SOL token could reach $150.
However, continued weakness allows bears to target $70 or below.

Solana's recent rebound has renewed speculation, with positive gains consistent with growth in risk asset markets.

The main question is whether Solana can push the year to $150 a year as traders weigh the impact of easing geopolitical tensions amid a ceasefire deal between the US and Iran.

Solana eyes $90 as geopolitical risk cools

As noted, the broader cryptocurrency market rose overnight after US President Donald Trump announced a two-week ceasefire with Iran.

The news eased fears of a deepening regional conflict and comes ahead of a 48-hour deadline set by Washington for talks organized by Pakistan.

Stocks and cryptocurrencies rallied as risk sentiment shifted from a defensive position to a hunt for upside exposure.

This huge profit was recorded in over $425 million in short positions in the last 24 hours, adding over $100 billion to the global crypto market capitalization.

Bitcoin rallied above the $72,000 mark, and Ethereum soared to $2,270, boosting altcoins as traders poured capital into mainstream tokens and higher beta plays. Solana's growing SOL rose above $86.

The move to $90 partially cancels last week's fall following widespread protocol exploits.

SOL cost analysis

While SOL's percentage pales in comparison to the day-to-day activities of Zcash, Bittensor, and LayerZero, the peak was significant from a market structural perspective.

The rebound has helped establish a higher trading range, suggesting that capital's focus on exploitation may end if the ceasefire persists and broader crypto flows continue.

On the charts, SOL has recently been covered by a developing bearish flag formation.

A classic chart pattern usually has bears threatening a break down around $70 if a clean breakout occurs.

Even if the bearish structure remains, the trip to $90 is critical.

If bulls continue to defend the $80-$85 band and turn the area into a strong interest zone, the next immediate resistance could emerge around $95-$100.

This is where advance supply and key moving averages converge, and a breakout could pave the way for a higher resistance cluster in the $120-$135 zone.

Bulls may reach January 2026 highs around $150.

However, if buyers fail to break out and hold above the $90 level, the technical backdrop is favorable for an extended downtrend.

This view puts SOL at critical support near $54 and exposes SOL to renewed bearish pressure towards $70.