$SOL Some analysts pointed out that $103 is the key level right now—holding above it could pave the way toward $110, while losing it could mean another test of the $100 support. Crypto analyst Javon Marks believes $SOL has completed a “cup-and-handle” breakout, with a medium-term target of $500. On-chain data shows that the cost basis for about 39 million SOL is concentrated around $103.25. This rebound is mainly driven by macro factors—the expected September rate hike by the Federal Reserve has cooled, risk assets have strengthened overall, and $BTC has returned to $81,000.