Solana Price Prediction: $100 Curse Deepens as SOL/BTC Bleeds

Solana remains stuck below $100 after 88 straight days, marking its longest weak stretch since 2020. At the same time, the SOL/BTC chart shows Solana still losing strength against Bitcoin, with no confirmed reversal yet.

SOL Bleeds Against Bitcoin as Chart Points to Possible Lower Support Test

Solana continues to weaken against Bitcoin, according to the weekly SOL/BTC chart shared by Crypto Moe. The chart shows SOL/BTC moving lower inside a broad downtrend after failing to hold its 2024 strength.

SOL currently trades near the lower part of the chart, while the blue curved resistance line still caps the broader structure. That line shows SOL losing relative strength against BTC since its previous high area. Each recovery attempt has stayed below that curve, keeping pressure on the pair.

SOL/BTC Relative Weakness Chart. Source: Crypto Moe on X

The chart also marks a possible lower support area near the green zone. Crypto Moe pointed to that area with the note “maybe here,” suggesting SOL/BTC may need another drop before a stronger reaction starts. That zone sits below the current price and lines up with an earlier base from the 2023 consolidation range.

This means SOL can still rise in dollar terms if Bitcoin moves higher. However, the chart suggests SOL may continue to underperform BTC until the pair reaches stronger support or breaks above the downtrend.

A clean move above the blue resistance curve would be the first stronger sign that SOL is regaining strength against Bitcoin. Until then, the chart keeps the focus on relative weakness, not a confirmed reversal.

Crypto Moe said SOL’s time could come later, with possible new all time highs. However, the chart currently shows that SOL/BTC has not confirmed that shift yet.

Solana Stays Below $100 for 88 Days in Longest Weak Stretch Since 2020

Solana traded near $84 on the daily SOL/USD chart shared by ChiefraT, keeping price below the $100 level for 88 straight days.

The chart shows SOL falling under $100 in early February and failing to reclaim that level through late April and early May. ChiefraT said this is Solana’s longest stretch below $100 since 2020.

Solana Below $100 Streak Chart. Source: ChiefraT on X

SOL has moved mostly sideways since the sharp February drop. Price has stayed between roughly $78 and $96 during most of the 88 day period, with buyers defending the lower range several times.

However, each bounce has failed before reaching the $100 line. That level now acts as the main resistance on the chart. A clean move above it would be the first clear sign that Solana has ended this long sub $100 phase.

Until then, SOL remains trapped inside a low range. The chart shows short term support near $81, followed by the wider $78 area. A break below that zone would put the February low range back in focus.

The setup also connects with the earlier SOL/BTC chart, which showed Solana still weakening against Bitcoin. Together, the charts show that SOL needs both a dollar price recovery and stronger relative performance before momentum improves.