Solana (SOL) is inching closer to the $90 resistance level, a price point its tested last week. According to CoinGecko data, SOL’s price has surged by 2.6% in the last 24 hours, 6.1% in the last week, 4.1% in the 14-day charts, and 2.5% over the previous month. Solana’s (SOL) bullish breakout could potentially push the asset back the $100 price level before May 2026. Let’s discuss why.

Why Solana Could Hit $100 Before May 2026?

Solana’s (SOL) latest upswing comes amid a market-wide resurgence, led by Bitcoin (BTC) reclaiming the $78,000 price level. BTC has hit $78,000 after nearly three months, bringing much needed investor confidence in the crypto market. BTC’s rally is likely fueled by positive developments in a potential nuclear deal between the US and Iran. The de-escalation has most likely reignited investor hopes of a bull market.

If a deal is met between the US and Iran, we could potentially see another bull market for the crypto sector. Moreover, President Trump has chosen Kevin Warsh to take over the Federal Reserve from May. There is a high chance that Warsh will reduce interest rates once he assumes office. The anticipation of an interest rate cut and a potential peace deal could push Solana (SOL) to the $100 mark before May 2026.

Solana (SOL) has displayed incredible resilience in the past, and chances are the asset will recover its lost glory once the market is back on its feet.

Also Read: How High Will Solana Go If Bitcoin Hits $200,000?

Nonetheless, the crypto sector is still weak at the moment, and fresh volatility could present unforeseen challenges. If the nuclear deal does not go through, or the Middle East conflict sees a re-escalation, Solana (SOL) could slip back to the early $80 price levels once again. How things pan out will be clear over the coming days.