Solana Price Forecast: Can BisonFi’s Success Keep SOL Above $120?

BisonFi leads Solana’s DEX volumes, boosting SOL price dynamics and highlighting key support at $125 and $120.

2026-01-22

A newcomer to the Solana ecosystem called BisonFi has captured the lead in the DEX segment. Solana’s active users have jumped significantly in the past two weeks. Weekly DEX volumes have jumped by 43% in the past week as week, led primarily by a new protocol called BisonFi. This is a new automated market maker (AMM) backed by Solana’s largest digital asset treasury (DAT), Forward Industries, that caters primarily to institutional traders.

If we get a bearish breakout below $125, this could mean that SOL is ready to move to the low 100s. If this demand zone falters, the key support area to watch would be $120. The token got a strong boost the last time it hit this mark and managed to climb to $145 right after.

BISONFI DEX leads Solana’s 43% weekly volume jump with $1.1B processed in 24H — Solana price forecast eyes $145 if $120 support holds. This AMM, backed by Solana’s largest digital asset treasury, Forward Industries (DAT), targets institutional traders and underscores deeper capital deployment on Solana.