Solana Price Prediction for February 2026: Will SOL Reclaim $100 or Drop to $60?

Following the rebound, open interest has started to rise, indicating that new positions are being opened rather than the move being driven purely by short covering. At the same time, funding rates remain negative, showing that traders are still skewed toward short positions despite the price recovery. This combination points to disbelief in the rally rather than aggressive bullish positioning.

Taken together, the data paints a clear picture: the market is seeing renewed activity and speculation, but not yet a return of confidence. For the rebound to develop into a sustained recovery, price strength would need to persist alongside stabilization in TVL and a gradual shift in positioning. Until then, the current move appears to be an early, fragile phase rather than a confirmed trend reversal.

What’s Next for SOL Price: A Rise to $100 or Drop to $60?

Solana’s price is currently in a make-or-break zone. The rebound from the lows has been sharp, but a trend reversal has not been confirmed yet. For the bullish continuation to $100, the price is required to hold above $80 to $82 and reclaim the resistance around $93 to $95. A failure could drag the price back to $70, triggering a deeper correction to $60 or below.

Therefore, the weekly close can be important for the Solana (SOL) price, which may further decide the next price action.

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