Solana (SOL) continued to move higher, sustaining its recent bullish momentum in the crypto market as of March 13, 2026.
Over the past 24 hours, SOL has advanced around 4.13%, signaling renewed buyer interest, while the token also posted a weekly gain of 1.97%, according to CoinMarketCap data.
At the time of writing, SOL is trading at $89.19, supported by rising market participation. The token’s 24-hour trading volume has reached approximately $4.95 billion, reflecting a 20.07% daily increase.
Meanwhile, its market capitalization stands at about $50.94 billion, recording a 4.48% rise as bullish momentum continues to strengthen.
Also Read: Solana Faces Resistance Near $92 as Downtrend Persists
Technical Setup Shows Potential Breakout
According to the crypto analyst Clifton Fx, the 4-hour chart of Solana shows a prolonged downtrend from about $145 with lower highs and strong selling.
After a capitulation drop near$70-$75, the price stabilized and began consolidating between roughly $78 support and $90 resistance, forming a compression pattern beneath a descending trendline.
Currently, the price is pressing against the descending trendline near$87-$90, suggesting potential breakout pressure.
Confirmation would depend on a strong close above $92 for four hours, with momentum driving it through. A strong breakout can even shift the market structure from bearish to bullish and propel it to move beyond the existing range.
The upside targets that are being stacked up are: a resistance level at $105, a mid-range level at $115, a major resistance level at $120-$130, where the measured move is approximately $129-$130 or 49%.
If the stock fails to break above the resistance level, then the major levels on the downside are $84, $82, $78, and $72.
Mastercard Partnership Strengthens Adoption
Solana is riding a wave of optimism as it joins Mastercard’s worldwide crypto partnership program. The partnership, which brings together over 85 crypto organizations, including Paxos, aims to integrate blockchain technology into existing payment infrastructures.
The program focuses on cross-border transactions, corporate payments, and faster settlements. Experts have indicated that these collaborations increase the demand for blockchain networks like Solana, which means that blockchain adoption is on the increase.
Why This Matters
The rise of SOL is reminiscent of a market that is emboldened by its trust and its increasing scope of touch, courtesy of its partnership with Mastercard.
As volume continues its ascent and a technical breakout appears imminent, traders are presented with several signs to monitor.
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
Also Read: Solana Price Near Breakout as $91 Resistance Caps Rally
