Solana has completed a spectacular comeback in 2026, rising from approximately $75 in late August to currently trading around $104.65, representing a 45% gain. The asset successfully crossed its 50-day, 100-day, and 200-day moving averages, sitting 15% above the latter, which gives it a stronger technical foundation compared to Hyperliquid that remains stuck below its long-term resistance. The daily RSI reached overbought territory above 80 before declining to around 73.4, suggesting a likely consolidation toward $100 and the critical $90 area. The next bullish target stands between $115 and $120 if resistance at $110-$111 is broken.
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