Solana Price Prediction: SOL Reclaims $94 Supertrend as $18M Shorts Get Wiped
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Solana (SOL) trades around $93–$94, hit a session high of $94.35 and is testing the daily Supertrend at $94 for the first time since Nov 2025; a daily close above $94 is the key technical trigger. Market derivatives and liquidity surged: open interest +9.97% to $5.71B, spot/derivatives volume +106.52% to $12.47B, and $18.10M of short liquidations in 24h, suggesting leveraged squeeze dynamics. On-chain and DeFi adoption rising: TVL +3.20% to $7.18B, DEX volume $2.18B, and 1.96M active addresses in 24h, signaling increasing crypto/DeFi activity and usage.
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- Solana trades at $93.65, up 1.43%, tagging a session high of $94.35 and testing the daily Supertrend at $94 for the first time since November 2025.
- Open interest surges 9.97% to $5.71B while volume more than doubles at +106.52% to $12.47B, with shorts absorbing $18.10M in 24-hour liquidations.
- Solana TVL rises 3.20% to $7.18B with DEX volume at $2.18B and 1.96 million active addresses in 24 hours.
Solana trades at $93, up 1%, and is knocking on the door of the $94 Supertrend that has defined the ceiling of this recovery since February. The session high of $94.35 marks the first time SOL has tagged that level since the November 2025 breakdown. Whether it closes above it on the daily chart today is the only question that matters technically.
Daily Chart: Supertrend At $94 Is The Line In The Sand
The daily chart has b…
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