Solana Breaks Descending Channel, Could Surge to $250 Driven by Bitcoin's Performance
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 10 2026- Bitcoin's Influence: Bitcoin's historical performance above $95,000 has typically supported Solana's upward momentum, and if Bitcoin maintains this level, Solana could target key resistance zones at $145, $170, and $250.
- Price Breakout: Solana has recently broken out of a descending channel that had constrained its price for several months, indicating a shift in power to buyers, with current trading above $138 suggesting sustained upward momentum that may attract more investor interest.
- Liquidity Surge: As Bitcoin surpassed the $95,000 mark, Solana's price also increased, reflecting heightened risk appetite among investors, with Solana peaking at $126,198.07 in October, marking a gain of over 32%.
- Future Movement Expectations: Should Bitcoin stabilize above $95,000, Solana is likely to clear multiple resistance levels, potentially rising towards a long-term target of $250; however, failure to break this key level may lead to a consolidation phase for both assets.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
