SOL regained the $90 price level and rose to $94 today, March 16, 2026. According to CoinGecko’s Solana statistics, SOL’s price has increased by 6% in the past 24 hours, 12.1% in the last week, 12.5% on the 14-day chart, and nearly 9% month-over-month. Despite the recent recovery, the asset is still down nearly 30% since March 2025. In this price prediction article, let us discuss whether Solana (SOL) can continue its rise and reach the $100 price level this week.
Solana Price Prediction: Is $100 Possible?
Solana (SOL)’s recent rally follows an overall market recovery. Bitcoin (BTC) hit $74,000 earlier today, and other assets appear to be following in its trajectory. The market rebound could be due to a potential de-escalation of the US-Iranian conflict. The increase may also be related to the US recently lifting certain sanctions against Russia in an effort to stabilize global energy markets.
Solana (SOL) price movements are most likely related to Bitcoin (BTC). If the original cryptocurrency faces rejection, SOL could face a similar fate. BTC appears to be facing resistance at the $74,000 price level. If Bitcoin (BTC) fails to break above $74,000, it could face consolidation or another correction. If BTC can reach the $75,000-$76,000 price range, Solana (SOL) could rise to $100.
However, the cryptocurrency market remains volatile, and prices can tilt in any direction. Geopolitical tensions remain high and investor confidence is far from restored. Investors could lock in profits and move to other safer assets. In such a situation, Solana (SOL) price could take a hit.
Also read: Financial institutions buy $540 million Solana ETF: What’s next?
CoinCodex analysts are bullish on Solana (SOL) in the coming months, but do not expect the asset to reach $100 this week. The platform predicts that SOL will regain the $100 mark on March 29, 2026. Furthermore, the platform expects SOL to reach $133.64 on May 8, 2026.
