Solana Price Prediction: Hack, Rug, and Milei Libra Allegation

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David Pokima

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David Pokima

Part of the Team Since

Jun 2023

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David is a finance journalist and a contributor to Cryptonews.com with a keen interest in breaking comprehensive, accurate, and reliable blockchain news.


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CryptoNews Editorial Team

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Sep 2018

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The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for…

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Between a high-profile $285M hack, fresh rug allegations, and SOL’s entanglement in the Milei Libra token scandal, sentiment remains fractured even as price action improves. The question is directed at the ecosystem: can it withstand three separate trust crises at once? Can Solana price prediction turn bullish this time?

SOL just finished its head and shoulder pattern on the daily chart, dropping from a swing high of $86 and consolidating above both $75 and the 100-hourly simple moving average. Solana ETFs posted $5.2 million in weekly outflows ending April 6, a reminder that institutional money is leaving.

Community analyst put it plainly: “Solana has been accumulating within $78–$90 range… very close to a potential breakout… first major target is $110.” The technical setup is recovering. The macro overhang is not.

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Solana Price Prediction: $110 or Macro Headwinds Return and Butchers It

A sustained close above $82 opens the door to $85, then $88. High-volume continuation could target the widely cited $110 breakout level, aligning with the descending trendline breakout thesis. Especially with the finished Head and Shoulder pattern that could mark its bottom.

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SOL could as well oscillate between $75–$80 over the next week, digesting ETF outflows and narrative headwinds while the MACD and RSI hold constructive. It just needs to avoid a breakdown below $75 support, which could reopen the path toward the lower end of the 2026 range at $49. The Libra fallout and continued ETF outflows represent the most credible triggers.

SOL USD, Tradingview

The 30-day performance of -4% matters here. It’s looking like a slow bleed for now. The Solana Foundation’s ecosystem security programs may help stabilize developer confidence post-hack, but the price needs $85 to crack on volume before the bull case becomes actionable.

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LiquidChain Targets Early Mover Upside as Solana Failed to Test Key Resistance

SOL here sounds compelling, until the math runs. A move to $110 from here is more than 35% upside on a $45 billion market cap. Meaningful, but not transformative for late entrants. For traders watching Solana’s cross-chain momentum and the structural fragmentation that made the Libra exploit possible in the first place, early-stage infrastructure plays offer a different risk/reward profile.

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LiquidChain is an L3 blockchain designed to unify Bitcoin’s capital, Ethereum’s DeFi depth, and Solana’s execution speed into a single environment. The pitch is architectural: assets from BTC, ETH, and SOL are verifiably represented on the L3 without wrapping, creating deep fungible markets across chains.

Deploy-once architecture means developers access all three ecosystems from a single codebase, which addresses exactly the silo problem that fragmented liquidity exploits. The presale is currently priced at $0.01447, with more than $640K raised to date.

Trust and safety audits are included, one of them being done by Certik, a benchmark in crypto contract audit. In Liquid’s early-stage token, presalers also have the chance to get an early 1660% staking APY bonus by locking the token before launch.

Research LiquidChain at the official presale page before considering any position.


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