Solana climbs to $118.90, its highest price in months after a brutal slide
As seen on the 24/7 Wall St. homepage on September 22, 2026.
Solana's 6.97% jump to $118.90 pulls it back to the top of its recent range, a level it has not held since it traded under $70 earlier this year. Holding above $111.15 is the first real test.
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Solana closed at $118.90 on September 21, its first foothold at the top of a range it last held before the decline dragged it well below $100.
The move back above $118 matters because earlier recovery attempts stalled repeatedly in the $80s and $90s.
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The prior close of $111.15 now functions as the first meaningful floor to keep an eye on, and a retreat below it would mark the day's gain as a spike rather than a durable shift in momentum.
For investors who tracked the slide from the highs, the current price is still a fraction of where Solana traded earlier in the year. The gap back to those levels means buyers here are making a considered bet on continued recovery rather than simply reclaiming familiar ground.
Sources
Mentioned: SOL