Solana has jumped about 40% in eight days, back above $100 for the first time since February. Will SOL close above $105 before Sept 5?
52% of users predicted NO — the community got this one right. 23 predictions cast.
Solana (SOL) traded in the $102-$104 range through the September 5, 2026 deadline, capping an eight-day rally that had lifted the token roughly 40% from the low $70s without quite reaching the $105 threshold needed for a "yes" resolution. SOL first reclaimed the $100 level around August 25-27, its highest since February, then consolidated just below $105 heading into September.
The rally was driven by a run of institutional and structural catalysts. Spot Solana ETFs pulled in a record $153 million in a single week, their strongest since launch, pushing cumulative ETF assets past $1.4 billion. Separately, Solana validators approved the "SGP-0002" Double Disinflation proposal with about 67% support, doubling the network's annual disinflation rate from 15% to 30% while preserving its 1.5% long-term inflation target. Traders read the tighter token-supply schedule as bullish, and the combination pushed SOL through its 200-day moving average and past $100 for the first time in six months.
Momentum cooled as SOL approached resistance near $103-$105, and profit-taking kept it from closing above that level before the deadline. Community sentiment was nearly split, with 48% predicting a close above $105, reflecting how close the token came to clearing the bar without doing so.