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CryptoUpdated×6•Originally published 13 April 2026•Updated 14 April 2026•

1 min read

Solana Joins Altcoin Market Upswing as Bitcoin Surpasses $74,000

Key Facts

1Solana (SOL) price started to decline after breaking above the 21-day SMA barrier.

2The price returned to its range-bound movement above the $75 support level.

Solana (SOL) is currently participating in a broader altcoin market rally, diverging from previous bearish technical projections. This upward momentum is primarily driven by Bitcoin (BTC), which surged past the $74,000 milestone on April 13. While technical patterns previously suggested a potential 25% drop toward the $60 zone, the current market-wide upswing has provided significant support for the asset. SOL's price action is now closely tied to the general recovery led by Bitcoin's record-breaking performance. Investors are shifting focus from the $75 support level to the potential for breaking through the critical $90 resistance zone. Despite earlier concerns about weakening demand, the macro catalyst from the crypto leader is reshaping the short-term outlook for the ecosystem.

about 2 months ago

Version History

5 additional sources confirmed this story

Version 6about 2 months ago

What changed: Updated the story to reflect the shift from a bearish technical outlook to a market-wide rally led by Bitcoin surpassing $74,000.

Version 5about 2 months ago

What changed: The narrative was updated to include a bearish technical outlook forecasting a potential 25% decline to $60 based on new on-chain metrics.

Version 4about 2 months ago

What changed: Updated price targets to $105, identified a decisive resistance zone at $87-$90, and established a new key support level at $75.

Version 3about 2 months ago

What changed: Updated outlook from bearish (targeting $70) to bullish as price rebounded above $85, now eyeing the $100 level.

Version 2about 2 months ago

What changed: The narrative shifted from geopolitical tensions to a $285M DeFi exploit and network-specific FUD, lowering the projected support target to the $70 level.

Version 1about 2 months ago

What changed: Updated outlook from neutral to bearish due to the US-Iran conflict and declining investor interest, shifting focus to the $80 support level from the previous $75.