Solana

On March 18, 2026, pseudonymous trader Bluntz told his 338,800 followers on X that Solana appears to be starting a strong five-wave advance after regaining the $90 price area. Applying Elliott Wave analysis, he argues SOL has exited a five-week accumulation between $70 and $80 and could rise above $200 later this year and reach $450 in 2027, while also noting Ethereum has turned higher after clearing $2,129.

Ironlight Group has raised $21 million from backers including former TD Bank CEO Greg Braca, the Sei Development Foundation, and Laidlaw Private Equity to expand its Ironlight Markets ATS platform for regulated tokenized securities. Tokenized stocks have grown 10% in the past 30 days to a $1.05 billion market cap, with Ethereum, Solana, and BNB Chain processing hundreds of millions of dollars in settlements.

A recurring bottom signal has reappeared on Solana's weekly SOL chart, matching patterns seen before a 1,604% rally in 2023 and a 142% advance in 2025. Analysts point to long lower wicks on consecutive candles and an ascending triangle breakout on the daily chart, with price now holding above $93.50 and targeting $120 and potentially $145 if momentum continues. Derivatives and spot data show cautious but improving market activity, with open interest below $2.3 billion since the Feb. 6 low and futures CVD recovering by $700 million since Feb. 24.

On 16 March, T. Rowe Price submitted an amended S-1 to the U.S. SEC for its proposed Price Active Crypto ETF, outlining a basket of roughly five to fifteen cryptocurrencies spanning Bitcoin, Ethereum and several altcoins. The actively managed fund would reference the FTSE Crypto U.S. Listed Index, custody assets with Anchorage Digital Bank, start with cash creations and redemptions, and may later allow in-kind transactions and potential staking if regulations and tax guidance evolve.

Solana has extended its advance after moving above $88, breaking through $92 and briefly surpassing the $95 resistance while holding above the 100-hour simple moving average. The SOL/USD pair is now trading around $95 with a bullish trend line near $94, and traders are watching the $98 and $100 resistance zones as potential triggers for a move toward $105 or even $112. Failure to clear $98, however, could see the price retrace toward supports at $94, $92 and possibly $88 or $82.

Solana-based memecoin PENGU has rallied over 12% in the last 24 hours to trade around $0.0081, while its volume has spiked by 170%. Derivatives positioning, whale accumulation and repeated tests of the $0.00815 resistance suggest a potential 22% upside toward $0.0104 if the price can secure a daily close above $0.0085.

Solana investment products saw $9.1 million in net inflows last week, marking six straight weeks of gains and lifting year-to-date inflows to $181 million. Analysts note SOL has been forming higher lows around $88–$92 and reclaiming key structure above $90–$92, while immediate resistance sits near $94–$95 and the 100-day moving average around $105–$110 remains a major barrier. With SOL recently trading at $94.59 after a 7.36% daily jump, a decisive move above $96–$100 or below $92 could determine the next short-term trend.

Solana is trading around $93 after a 7% rise since Sunday, with traders focusing on the key $100 psychological resistance. Weekly net inflows into Solana investment products have reached $10.70 million and futures open interest has climbed to $5.79 billion, highlighting strong institutional participation. If SOL clears resistance near $94 and holds above key moving averages, analysts see room for a potential move toward $100 and beyond, while a failure could send the price back toward the $80 area.

On March 16, 2026, the global crypto market value moved back above $2.5 trillion to around $2.51 trillion, up about 3.19% in recent sessions. Bitcoin changed hands near $73,780 with roughly 9% weekly gains, while Ethereum advanced almost 13% over seven days and several major altcoins including Solana, XRP and BNB also rose. Market indicators such as the Fear & Greed Index at 41 and the Altcoin Season Index at 45 show sentiment is improving but still short of a full altcoin-led phase.

The Official Trump ($TRUMP) token is making a big comeback, trading around $4.01 to $4.08 on March 16, 2026, after jumping 65% from last week’s lows. The main reason for this surge is the announcement of the Mar-a-Lago Gala and the Crypto & Business Conference set for April 25, 2026.