Solana trades at $230.46, down 1.67% — price prediction still points to $240 breakout

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Solana slips 1.67% today

Highlights

Solana (SOL) trades at $230.46, down 1.67% daily but remains above MA-20 ($222.56), MA-50 ($215.40), and MA-200 ($170.70), signaling a bullish technical setup.
Anticipated large institutional inflows in Q4 2025, combined with growing DeFi, gaming, and tokenization activity, are boosting demand and tightening supply for SOL.
Weekly buy signals project SOL trading between $245.81 and $271.17 over the next five days, with key support at $222 and resistance at $240.

Investor demand rises as institutional flows and sector traction drive SOL

Potential large institutional inflows expected in the fourth quarter of 2025 are drawing significant attention, elevating interest in SOL as the market anticipates increased investment activity. Additional momentum stems from the asset’s growing traction in DeFi, gaming, and tokenization sectors, supported by high daily active users and robust transaction volumes. Recent sizable corporate purchases and launches of new investment products have strengthened demand and tightened supply for SOL.

Mixed momentum as price tests support amid bullish longer-term trend

Technical signals show SOL holding above major moving averages, which underpins a bullish bias across all timeframes. Support is indicated by the Ichimoku Kijun level near $222.16, with dynamic resistance at the MA-50 ($215.40) and a psychological barrier near $240. Momentum indicators are mixed: MACD and ADX are neutral, while RSI and CCI lean bullish and Stoch RSI is overbought. BBP is neutral and current price action hovers near the lower end of today’s range ($231.04–$235.14), signaling moderate volatility and downside pressure. Conflicting oscillator readings suggest a divergence between longer-term bullish momentum and a short-term overbought setup.

Strong upside potential as weekly buy signals favor breakout scenario

Over the next five trading days, SOL is expected to trade between $245.81 and $271.17, with an average price near $258.49. The likelihood of a substantial price increase is very high, supported by strong weekly buy signals. Baseline expectations call for a consolidation phase between support around $222 and resistance at $240. A sustained move above $240 could open the path toward $250 and higher, while a fall below $222 risks exposing support at $215.

Viktoras Karapetjanc, expert at Traders Union, notes that Solana’s strong positioning above key moving averages and recent institutional interest point to robust fundamental and macro tailwinds. He sees the ongoing inflows, traction across DeFi and tokenization, and tightening supply as supportive for Solana’s upward momentum, even as short-term technicals suggest some consolidation. Constructive sentiment prevails given the expected increase in demand and continued positive weekly signals. "SOL’s fundamental strength and rising institutional attention set the stage for further gains — I expect any dips toward $222 to attract buyers, with a sustained move above $240 unlocking fresh upside potential."

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Source of Data: SOL Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.