Solana Enters Prediction Markets As SOL Holds The $100 Line

Solana is expanding its reach into prediction markets. The identity and payments platform World just opened its Solana based prediction market to over one million waitlisted users. The launch brings direct access to more than 150,000 live markets covering sports like NFL games, soccer leagues, and Formula 1, along with contracts for the 2026 midterms and upcoming Federal Reserve rate decisions. Trades settle in a dollar backed stablecoin through a non custodial structure.

Meanwhile, the SOL token is trading at $101.20, down about two percent on the day. Despite the slight dip, the price remains above key exponential moving averages, keeping a bullish technical structure intact for now. Traders are closely watching network updates, including the recent Transaction V1 launch and the upcoming Alpenglow consensus upgrade scheduled for later this month.

Looking ahead, market participants are weighing different scenarios for the rest of September. A clean upgrade rollout could push prices toward the $106 to $109 resistance zone. On the other hand, any technical snags or broader market weakness might test the $95 support level as traders wait for clearer direction.