Solana Price Outlook: Reclaiming Previous Range May Spark Momentum

Solana's price has been steadily declining over the past week, experiencing a 12% drop. Despite this, on-chain metrics indicate strength in Solana's ecosystem.

The tokenized stock trading volume on Solana reached an all-time daily high of $553 million, showcasing its growing diversification beyond speculative meme tokens and conventional cryptocurrency exchanges.

Crypto analyst Michaël van de Poppe projects that if Solana is able to reclaim its previous trading range, momentum will not stall at those levels. He sees $120-$130 as achievable price objectives during the third or fourth quarter of 2026.