Solana’s price rallied to over $94 on March 16, 2026, marking a significant 24-hour gain amidst broader cryptocurrency market momentum. While the asset remains down nearly 30% from its March 2025 value, a specific price prediction platform anticipates it could reclaim the $100 level by late March.
Solana reclaimed the $90 price level, going as high as $94 earlier today. According to CoinGecko’s Solana statistics, SOL’s price surged 6% in the last 24 hours and 12.1% over the past week.
Despite the recent rebound, the asset is still down by almost 30% since March 2025. The latest upswing follows a market-wide resurgence, with Bitcoin hitting $74,000 earlier on the same day.
The market rebound could be due to chances of a potential de-escalation in the US-Iran conflict. The upswing could also be related to the US recently removing certain sanctions on Russia to stabilize global energy markets.
Solana’s price movement is most likely tied to Bitcoin. If the original crypto faces a rejection, SOL could face a similar fate. BTC seems to be facing some resistance at the $74,000 price level.
If Bitcoin cannot breach past $74,000, it could either consolidate or face another correction. If BTC can hit the $75,000-$76,000 price range, Solana could potentially climb to $100.
However, the crypto market is still ripe with volatility and price could pivot to any direction. Geopolitical tensions are still high and investor confidence is far from recovered.
CoinCodex analysts are bullish on Solana over the coming months, but does not expect the asset to hit $100 over this week. The platform predicts SOL will reclaim the $100 mark on March 29, 2026.
