Solana price prediction: rising volume signals push toward $200

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Solana price prediction

Highlights

- Whales have moved over $50 million worth of SOL off exchanges in the past 24 hours, signaling strong accumulation.

- Analyst Anton Kharitonov expects a 20% rally in August, targeting levels near $195.

- Traders are watching for a breakout above $180 as a trigger for renewed bullish momentum.

Technical analysis and forecast

Solana (SOL) is displaying strong bullish momentum, currently trading around $162 with clear signs of continuation toward higher levels. The price action has maintained an ascending structure since rebounding off the 100-week moving average, and buyers have consistently defended key support zones at $153 and $143. On the 4-hour chart, SOL is forming higher lows and pushing toward the $175–$180 resistance area. Momentum indicators remain positive, and volume has been gradually increasing, signaling accumulation. The technical setup supports a breakout from this consolidation range as Solana prepares for its next leg higher.

Solana price dynamics (June 2025 - August 2025). Source: TradingView

The most likely scenario is a sustained move above the $180 resistance, which would open the path for a rally toward the $200 psychological level. Given the strength of the uptrend and supportive technical indicators, this advance is expected to unfold over the coming days. The price structure suggests that once $180 is breached with conviction, momentum will likely accelerate, attracting additional buying interest and pushing SOL toward the $200–$205 zone. This move would reinforce the bullish trend and confirm Solana’s leadership role among major altcoins in the current market cycle.

Alternative scenarios and risks

Despite the bullish outlook, Solana (SOL) faces several potential risks that could disrupt its upward trajectory. If the price fails to break convincingly above the $175–$180 resistance zone, momentum may stall, leading to a pullback toward key support levels at $160 and $153. A loss of bullish volume or waning investor interest around the resistance band could indicate exhaustion, triggering short-term profit-taking. This would place pressure on near-term support zones and possibly shift the structure into a consolidation or minor correction phase. Additionally, momentum oscillators are approaching overbought territory, which may signal that a cooldown is imminent.

A deeper risk emerges if Solana breaks below the $143–$135 support cluster. Such a move would invalidate the current uptrend and open the door for a sharper retracement toward $120 or lower. External macroeconomic factors—such as unexpected shifts in Federal Reserve policy, broader crypto market weakness, or negative regulatory news—could also weigh heavily on price action. In this scenario, traders would likely adopt a risk-off approach, reducing exposure and increasing volatility. Overall, while the trend remains positive, failure to hold above key levels could result in swift downside moves, emphasizing the need for disciplined risk management.

Whales’ strategies

Large Solana holders have withdrawn substantial amounts of SOL from centralized exchanges, signaling long-term accumulation. Notably, whale wallets moved a combined $52.7 million worth of SOL (about 374,161 tokens) from Binance to unknown self‑custodial addresses. Simultaneously, on-chain reports indicate more than $23 million worth of SOL (including 58,700 and 38,000 SOL by individual wallets) left Binance and Kraken within the same timeframe. Such coordinated outflows reduce on‑exchange liquidity and are commonly viewed as bullish signs, suggesting these large holders intend to hold rather than sell.

These moves reflect a strategic accumulation phase among whales and potentially institutional players. With funds being withdrawn into long-term storage or staking environments, selling pressure is diminished. This behavior typically precedes upward price momentum as exchange supply tightens and investor confidence strengthens. If the trend continues, it could lay the groundwork for renewed bullish sentiment in SOL’s near-term trajectory.

Recommendations

Analyst Anton Kharitonov has projected a potential 20% rally for Solana (SOL) in the current month, citing strong whale accumulation, tightening exchange liquidity, and favorable technical patterns as key catalysts. With SOL currently trading around $162, a 20% move would place the target near $195—a level that aligns with the upper boundary of recent resistance zones. Given this outlook, traders are advised to consider entering long positions on confirmed breakouts above $180, with $185–$195 as a primary target range. Momentum indicators remain supportive, and on-chain activity—particularly large-scale exchange outflows—validates growing institutional confidence.

On-chain data from CoinGlass showed a $11.97 million net spot inflow for Solana on August 4, marking the first major positive flow after extended outflows. This could indicate early accumulation, though its impact depends on sustained buying momentum.

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