Solana Near $100 as On‑Chain Activity Recovers; Charts and Analysts Offer Conflicting Outlooks

SOL has fallen over 30% in the past 30 days and was trading around the $100 area, with reports describing price consolidation near that level; intraday weakness pushed SOL below $95 for the first time since 2024, a move accompanied by an 8.28% 24‑hour decline and about a 26.77% loss over the prior week ^[1][3][4].

On‑chain metrics show signs of recovery even as price lags: daily active users are reported to have risen roughly 85% and stabilized above 5 million after earlier declines to the 2–3 million range, while some market technicians note price has formed a head‑and‑shoulders pattern amid multiple weekly losses ^[1][5].

Market commentary diverges on the outlook: one set of chart-based reports suggests the current range could represent a bottom with scenarios of a substantial rebound (headlines referenced up to a 200% rally), independent price analyses identify nearer‑term upside targets such as $260, and Standard Chartered reiterated a long‑term view that Solana could reach as high as $2,000 by 2030 ^[1][6][2].

The picture is one of divergence: improving network activity and bullish long‑term forecasts contrast with short‑term technical weakness and recent sharp price declines, leaving traders and investors with competing indicators to weigh ^[1][5][4][2].