# Solana Trades at $102.23 After 2.1% Drop, Nearing $100 Zone

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/39770
Published: 2026-10-24T07:59:31.000Z
Updated: 2026-10-24T07:59:31.000Z
Section: Investing

> Analyst Itai Smidt used $100-$105 as a conditional zone, while crypto analyst Alejandro Arrieche set $116 as a reversal threshold.

Solana (SOL) traded at $102.23 at 3:19 a.m. ET (07:19 UTC) Saturday, Oct. 24, down 2.1% over 24 hours and $2.23 above the $100 level used in an earlier conditional trading scenario.

Analyst Itai Smidt’s Oct. 20 scenario used $100-$105 as a zone and treated a daily close below $97 as its invalidation point. At that price, SOL was $2.23 above $100. That level is a reference in the dated scenario, not an established support floor.

Crypto analyst Alejandro Arrieche’s Oct. 21 scenario set a move above $116 as a condition for confirming a trend reversal. It also made a $150 midterm target conditional on that move. The two analyses set different conditions and did not present directly opposing views.

TokenPost covered Solana’s chart levels in an [Oct. 22 market analysis](<https://www.tokenpost.com/news/investing/38097>).



## Links in this article

- [Oct. 22 market analysis](https://www.tokenpost.com/news/investing/38097)
