Solana's price is showing signs of a bullish reversal after breaking a descending trendline, indicating a potential shift from its long-term downtrend. The SOLUSDT 8-hour chart reveals the formation of lower highs and lows, suggesting a breakout above the trendline. The critical support level between $115 and $120 has been defended by buyers, hinting at weakening selling pressure. Crypto analyst Captain Faibik highlights the structural breakout and consolidation above previous resistance, projecting a target range of $185–190. In terms of network revenue, Solana has maintained a strong position alongside Ethereum, Tron, and BNB. From October 2025 to January 2026, Solana's weekly revenue stabilized between $25 million and $40 million, with a recent contribution of $7.65 million, surpassing Ethereum and closely competing with Tron. This period reflects a balanced revenue distribution across multiple networks, with smaller protocols like Polygon and Base maintaining modest shares. Solana's market cap has fluctuated between $137 million and $144 million over the past week, indicating moderate volatility. The market cap peaked above $143 million on January 12, signaling sustained short-term buying momentum, before correcting and recovering to near $142 million. Consistent volume levels suggest stable trading activity, driven by steady buying rather than large trades.