Solana (SOL) has maintained an upward trend, trading at $85.90 with a 4.93% daily gain as of April 14, 2026. A significant 66.1% surge in trading volume to $5.74 billion signals stronger market participation. Analysts note resistance building between $85.50 and $89.75, while the price continues to respect an ascending channel structure with key resistance at $108 and major support at $49.
Solana’s (SOL) price continued its upward trend as market sentiment improved. Trading activity increased sharply, signaling stronger participation from market participants.
SOL is trading at $85.90, marking a 4.93% daily increase according to CoinMarketCap data. The trading volume surged 66.1% to $5.74 billion over the same period.
Analyst MCO Global pointed out a micro-resistance around $85.50, which has been tested several times. Multiple rejections at this level indicate that short-term selling pressure remains active.
The next resistance is between $87.87 and $89.75, corresponding with recent price accumulation. A sustained break and hold above this area would further bolster the bullish structure.
Another analyst, Ali Martinez, mentioned that the broader structure remains an ascending channel on higher timeframes. Price continues to respect the channel boundaries, with higher lows forming within the range.
Martinez identified $108 as the key macro resistance level where price has faced repeated rejection. He also marked $49 as a major support, positioned near the mid-range of the channel.
According to CoinGlass data, futures volume increased 66.83% to $13.35 billion. Open interest rose 9.07% to $5.21 billion, with an OI-weighted funding rate of 0.0081%.
From a technical perspective, SOL price is trading below key exponential moving averages on the daily chart. A near-term resistance is at the 20-day EMA of $87.53.
The 50-day EMA sits at $87.23, forming a compressed resistance cluster with the 20-day EMA. Price has not yet made a sustained close above this zone in recent sessions.
