- Solana (SOL) showed a slight rebound, rising 0.2% in 24 hours and 0.9% over the past week, per CoinGecko data.
- SOL has larger losses in other intervals: down 10.6% over 14 days, 11.2% over one month, and 37.3% since late December 2024.
- SOL’s recent moves track Bitcoin (BTC); BTC reclaiming $88,000 is linked to SOL’s uptick, while a BTC return to $90,000 is cited as a potential driver toward $130 for SOL.
- CoinCodex analysts expect SOL near $122 this weekend and project a return to $130 on Jan. 10, 2026, but do not expect $130 immediately (CoinCodex analysts).
Solana (SOL) is showing a modest price recovery this weekend after recent declines. According to CoinGecko data, SOL rose 0.2% in the last 24 hours and 0.9% over the past week, while falling 10.6% over 14 days, 11.2% over the previous month, and 37.3% since late December 2024.
Solana (SOL) was one of the top-performing cryptocurrencies in 2024 but has given back those gains. The token fell below $9 after the FTX collapse in 2022 and later reached multiple all-time highs, including a recent peak of about $293 in January 2025. SOL is now more than 58% below that January peak.
Solana’s short-term price action has followed Bitcoin (BTC). Bitcoin (BTC) — the largest cryptocurrency by market value — recently reclaimed the $88,000 level after dipping to $86,000, a move that coincided with SOL’s rebound. Market commentary in the original report noted that if BTC reclaims $90,000, it could help push SOL toward $130, while ongoing macroeconomic uncertainty could keep SOL range-bound.
CoinCodex analysts provided specific short-term forecasts and do not expect an immediate rise to $130. The analysts project SOL trading around $122 over the weekend and anticipate SOL reclaiming $130 on Jan. 10, 2026 (CoinCodex analysts).
Definitions:
– All-time high: the highest price level ever recorded for an asset.
– Rally: a sustained upward price movement.
– Consolidate: a period when price moves sideways within a range.
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