Solana Below $100 for 88 Days as SOL/BTC Weakness Persists

Solana has remained trapped below the $100 level for 88 consecutive days, marking its longest weak stretch since 2020, while the SOL/BTC chart continues to show the cryptocurrency losing strength against Bitcoin with no confirmed reversal yet. According to technical analysis from Crypto Moe and ChiefraT, both the dollar-denominated and Bitcoin-pair charts indicate that Solana requires a significant move to break out of its current consolidation range.

SOL/BTC Weakness Continues Without Reversal Signal

According to Crypto Moe’s weekly SOL/BTC chart analysis, Solana continues to weaken against Bitcoin after failing to hold its 2024 strength. The chart shows SOL/BTC moving lower inside a broad downtrend, with a blue curved resistance line capping the broader structure. Each recovery attempt has stayed below that curve, keeping pressure on the pair and indicating that SOL is losing relative strength against BTC since its previous high area.

Crypto Moe identified a possible lower support area marked in green on the chart, suggesting that SOL/BTC may need to test that zone before a stronger reaction begins. That support area sits below current price levels and aligns with an earlier base from the 2023 consolidation range. A clean move above the blue resistance curve would represent the first stronger sign that SOL is regaining strength against Bitcoin. Until that occurs, the chart maintains focus on relative weakness rather than a confirmed reversal.

Crypto Moe noted that SOL’s time could come later, with possible new all-time highs, though the current chart shows that SOL/BTC has not yet confirmed that shift. Importantly, even if Bitcoin moves higher, SOL can still rise in dollar terms while continuing to underperform BTC until the pair reaches stronger support or breaks above the downtrend.

Solana Stuck Below $100 for Longest Period Since 2020

According to ChiefraT’s daily SOL/USD chart analysis, Solana traded near $84, 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, representing Solana’s longest stretch below $100 since 2020.

SOL has moved mostly sideways since the sharp February drop, staying 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, which now acts as the main resistance on the chart. A clean move above $100 would represent the first clear sign that Solana has ended this prolonged sub-$100 phase.

The chart shows short-term support near $81, followed by a wider support area around $78. A break below that zone would put the February low range back in focus. The setup connects directly with the SOL/BTC analysis, showing that SOL needs both a dollar price recovery and stronger relative performance against Bitcoin before momentum improves.