Solana is forming a cup-and-handle pattern, suggesting a potential long-term breakout if key support levels hold. Currently trading at $84.34, down 2.98% in 24 hours, Solana's price action is consolidating in the handle phase of the pattern. Analysts highlight $80 as a crucial support level, with resistance at $88–$90 acting as a potential breakout trigger. A successful breach above the $88 resistance could propel Solana towards a short-term target of $100, with a long-term projection of $500 based on historical chart patterns. The cryptocurrency's stablecoin supply has grown to $17.4 billion, and ongoing upgrades aim to enhance scalability. However, speculative trading remains subdued, with memecoin volumes below previous highs.