SOL/USD Forecast: Solana Targets 100.00 as Market Awaits Clarity Act Vote

At the moment, quotes are rising as investors expect the US Banking Committee to soon approve the Digital Asset Market Clarity Act. The vote is scheduled for tomorrow, while a compromise has already been reached on the main point of disagreement — rewards on stablecoins. Stablecoin issuers will be prohibited from offering clients yield based solely on holding the coins, as such programs are close to traditional bank deposits and could cause an outflow of funds from the conventional financial system. However, other types of rewards for transactions with coins will remain permitted. The bill is expected to finally establish clear legal rules for the sector, which may attract additional investor interest.

The SOL token is also being supported by Anza Technology Group Inc.’s launch of the Alpenglow upgrade, designed to replace Solana’s current Proof-of-History and TowerBFT systems with a more advanced option that is resistant to failures during peak loads. The upgrade should allow validators to exchange data and confirm block creation faster and more efficiently, reducing transaction finality time. Solana co-founder Anatoly Yakovenko said this could happen as early as next quarter after successful testing.

Thus, the prerequisites for further strengthening of the cryptocurrency market remain in place.

Support and resistance levels

The trading instrument has broken out of the medium-term sideways range of 91.00–75.00 through its upper boundary and is approaching 100.00, the Murray level [8/8]. If the price consolidates above this mark, growth toward 107.40, the 61.8% Fibonacci retracement, and 125.00, the Murray level [4/8] on W1, is expected. However, if the price breaks below the middle line of the Bollinger Bands at 87.50, the Murray level [4/8], a decline toward 75.00, the Murray level [0/8], and 68.75, the Murray level [–2/8], is likely.

Technical indicators do not provide a unified signal: Bollinger Bands are turning upward, the MACD histogram has moved into the positive zone, while the Stochastic oscillator is moving downward from the overbought area, which does not rule out a correction.

Resistance levels: 100.00, 107.40, 125.00.

Support levels: 87.50, 75.00, 68.75.

Trading scenarios and SOL/USD forecast

Long positions may be opened above 100.00 or if the price reverses around 87.50, with targets at 107.40, 125.00 and stop-losses at 94.00 and 82.00, respectively. Estimated implementation period: 5–7 days.