Will SOL Price Reclaim $100 as Solana Foundation Backs Aave Liquidity?

2 weeks ago 14

Rommie Analytics

  • SOL price stayed nearly flat over 24 hours.
  • Solana Foundation lent USDT to Aave to support liquidity.
  • SOL price needs a move above $89.32 to target $100, while $83.02 remains key support.

After hitting $89K this week, SOL-0.59% has hinted at a potential uptick as it continues to trade below that level. During today’s Asian trading session, the SOL price opened at $85.9 before an upward trend took hold, pushing it closer to the prior $89K.

SOL Price Turns Flat as Recovery Offsets Earlier Drop

Tracking the ongoing price trend at the time of press, CoinMarketCap data indicates that Solana traded at $86.41, with the 24-hour chart showing a marginal 0.03% gain. Early green movement held above the midline before a sharp decline pushed SOL into negative territory. The drop extended toward the lower range near $85.60, where the chart formed its weakest section. 

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