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.