Drift is currently trading around $0.15334, up roughly 4.29% over the past 24 hours. While that sounds encouraging, the token has actually been lagging behind other DeFi projects in the Solana ecosystem lately. It recently dropped below its 30-day moving average and can’t seem to break back through a key resistance zone between $0.165 and $0.172. That’s a sign the market is still in a cautious mood when it comes to DRIFT.
Looking at momentum indicators, the MACD is showing weakness and the 7-day RSI is sitting in the mid-40s to low-50s—basically neutral territory. That tells us buyers haven’t stepped in with any real conviction yet. The immediate floor to watch is around $0.1467, which is the recent 60-day low. If that support gives way, we could see DRIFT slide down toward $0.12 or even lower. On the flip side, the token faces resistance near $0.165–$0.175, with stronger selling pressure likely around $0.20–$0.22.
There are a few things working against DRIFT right now. The biggest concern is the upcoming token unlocks—a large chunk of initially locked tokens will start hitting the market in late 2025 and continue through 2027. That kind of supply pressure tends to weigh on prices. At the same time, there are some potential positives: Solana ETFs could bring fresh capital into the ecosystem, and the team is working on DRIFT v3, which promises faster execution and isolated margin features. There’s also a new staking discount program that might reduce circulating supply a bit. Still, these are more “wait and see” catalysts than guaranteed price drivers.
Bottom line: DRIFT is in a risky spot right now. It’s caught between supply concerns and weak sentiment across DeFi, but if those supports hold and the fundamentals improve, lower prices might turn out to be a buying opportunity for patient investors.
What the Charts Are Telling Us Right Now
The technical picture for DRIFT shows a token that’s trying to find its footing after some rough weeks. The 14-day RSI is hovering around 55-60, which puts it in neutral ground—not oversold enough to scream “buy,” but not overbought either. That could actually appeal to traders looking for an entry if sentiment shifts even slightly positive.
When it comes to moving averages, DRIFT is still trading below the longer-term trend lines like the 50-, 100-, and 200-day EMAs. However, it’s managed to climb above the 10- and 20-day EMAs, which suggests it’s consolidating and could be gearing up for its next move. If we see the 50-day EMA start to curl upward and cross above the shorter averages, that would be a signal that momentum is building.
Support and resistance levels are pretty clear cut here. The main support sits at $0.1467—if that breaks, things could get ugly fast. Immediate resistance is around $0.17–$0.18, with stronger barriers near $0.2159. Breaking through those levels would be a major confidence boost for bulls.
Trading volume has been relatively active, with turnover around 12-13% in recent sessions. That means price swings can be amplified quickly in either direction. The ATR and Bollinger Bands are both expanding, pointing to heightened volatility. In plain English: expect bigger moves, but be ready for them to go either way.
Two Paths Forward in the Short Term
Over the next few weeks to a couple of months, DRIFT is likely to follow one of two paths depending on how the market reacts.
If things go south: A breakdown below $0.1467 could send DRIFT tumbling toward $0.12 or even $0.10. This would probably happen if DeFi continues to struggle or if Solana itself runs into headwinds. Without strong buying interest, losses could accelerate quickly.
If we catch a break: A bounce off that $0.1467 support level, especially with solid volume, could push DRIFT back up toward $0.175–$0.20. If momentum really picks up and the token clears $0.22, we might even see $0.25 or higher in the short run. That kind of move would probably need some good news around the v3 upgrade or a broader rally in Solana tokens.
Looking Ahead to 2026 and Beyond
Predicting where DRIFT will be a year or two from now is tricky, but we can sketch out some reasonable scenarios based on what we know today. A lot will depend on how the team handles those token unlocks, whether adoption of the perpetual DEX grows, and how well DRIFT stacks up against competitors. Broader market conditions—like whether crypto gets clearer regulation and whether altcoins come back into favor—will also play a huge role.
Conservative scenario: If the supply pressure from unlocks is managed reasonably well and DeFi usage stays steady (but doesn’t explode), DRIFT could gradually work its way up to around $0.25–$0.35 by late 2026. From there, assuming continued growth in users and fees, it might climb to $0.50–$0.75 sometime in 2027 or 2028. This assumes no major disasters and steady execution on the roadmap.
Bullish scenario: In a world where everything lines up—DRIFT v3 delivers on its promises, staking incentives tighten supply, Solana continues to thrive, and DeFi as a whole catches a tailwind—we could see DRIFT reach $0.80 to $1.20 by late 2027 or into 2028. This would likely require institutional players to get more interested in decentralized perpetuals and margin trading, plus meaningful improvements in TVL and trading volume on the platform.
Downside scenario: On the other hand, if token unlocks flood the market, DeFi sentiment stays weak, or Solana stumbles, DRIFT could struggle to stay above $0.20 for an extended period. In that case, we might see it bounce between $0.10 and $0.15 multiple times before finding real support. That would be a rough road for holders, but it could eventually set up a recovery if fundamentals improve down the line.
In the end, DRIFT is a project with real potential but also significant risks. The technology and ecosystem are promising, but the tokenomics and market conditions present serious challenges. Whether it becomes a winner or a disappointment will depend on execution, timing, and a bit of luck.
