Solana has recovered and reached above $100 after a decline that occurred from September 7 to 10, 2026. During this drop, a so-called 'death cross' formed on the 2-hour chart, where the 50-period moving average fell below the 200-period moving average. However, the sharp price increase on Friday surprised bears who predicted further declines, and the price of SOL surged, overcoming the short-term death cross. On September 11, 2026, the price of SOL rose from $98 to $104, forming a massive green candle shortly after the death cross appeared.
Earlier, in early September 2026, Solana reached its first significant golden cross on the daily chart, instilling hopes for further recovery. However, after that, the price consolidated following a breakout in mid-August. As of now, SOL is trading at $101.98, down 1.15% in the last 24 hours and 0.87% over the week. Resistance levels are expected at $110, while key support levels are at $83 and $87 in case of further declines.
On September 14, 2026, Solana will host an event called 'Solana Summit,' dedicated to the development of blockchain infrastructure and institutional use of the network. During the meeting, participants will discuss Solana's competitive positions and its application in decentralized finance. Industry representatives and relevant authorities are among the speakers.
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