Solana Price Rise Amid BTC Rise To $71k: Can SOL Climb To $100?

On Wednesday, Solana's price touched $90 as Bitcoin gained more than $71,000.
If BTC explodes further, bulls may look at $100 and above.
Solana's view focuses on continued ETF revenues and a resolution to geopolitical tensions.

Solana has been trading above $90 since March 4, 2026, with the price making modest gains amid an impressive intraday rally for Bitcoin (BTC).

With BTC trading above $71,000, the broader bullish outlook on the crypto suggests that the $100 psychological level will be for SOL.

Momentum currently places the altcoin on the cusp of a key pattern breakout, with Solana's resilience essential to buying sideways in the ETFs market.

Solana found between BTC, raising ETH

Solana's price action is closely aligned with gains in the leading cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH).

On Wednesday, Bitcoin retested its recent high above $71k, supported by institutional interest despite the war in Iran.

Ethereum made small gains, sending bulls above the $2,000 mark.

Meanwhile, Solana prices rose 6 percent, hitting a high of more than $90 a day.

I haven't traded above $100 since SOL came below the psychological level in early February.

Renewed bearishness amid the Iran war threatens to send bulls bleeding below recent support levels.

However, when buyers appeared again, Bitcoin rose above the key supply wall, and the optimism in the crypto market sees the SOL trade in the same direction.

Could a higher breakout take prices above the $100 mark?

Solana's Price View: What's Next for the Bulls?

Technically, SOL continues to trade in a downward channel from the September 2025 high above $250.

However, the price is tracking an upward triangle pattern on the daily chart, which was formed after rising from the low of $67 on February 6, 2026.

Buyers found it difficult to break above the key resistance line around $90-$92.

If the altcoin sees a critical bounce above this mark, it could pave the way for bulls to hit $100 and higher.

Momentum indicators such as the relative strength index and moving average divergence support the bullish position.

The RSI hovers around 50 on the daily chart, suggesting bulls may have room for further gains, while the MACD continues to show upside momentum on the expanding histogram.

If bulls immediately negotiate resistance and break higher, the 50-day simple moving average (SMA) at $101 and the 100-day SMA at $116 will become the next hurdle before a retest of $150.

However, downward potential is limited by the broad resistance line extending back from the Solana peak in 2025.

Failure to breach $100 could see SOL close to major year-to-date support near $77.

The last time Solana traded below $80 was in December 2023, when it was trading at $60-$105.