#Solana SOL Price News Today 9-1-2026 - Elliott Wave and technical analysis of Solana (SOL), focusing on market structure, key support and resistance zones. Video by More #Crypto Online.
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Solana (SOL) is trading around $138.67 as of January 9, 2026, reflecting a positive daily change and generally holding above key support levels. The cryptocurrency has been gaining momentum in early 2026, driven by institutional interest and network developments.
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Recent Trends and News
-Positive Momentum: Solana has shown a strong performance recently, up 2.79% over the last 24 hours and over 10% from the previous week's price.
-Institutional Confidence: Circle's large $750 million USDC mint on the Solana blockchain in January 2026 is viewed as a significant vote of confidence from institutional players and indicates fresh liquidity entering the network.
-Price Targets: Some analysts are bullish on the short term, targeting levels around $160 if current trends hold, while long-term predictions for the end of 2026 vary, with some optimistic forecasts seeing the price reach over $200 or even up to $420 in a very bullish scenario.
-Technical Developments: The network's roadmap for 2026 focuses on the Firedancer production rollout to enhance stability and performance, which is expected to be a major catalyst for growth and attract more developers and users.
-Potential Risks: The ongoing class-action lawsuit tied to activities on Solana-based platforms presents a potential legal and reputational risk that could impact market sentiment if the plaintiffs win.
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