Solana (SOL) is currently trading at $168.02, marking a 3.04% growth in the previous 24 hours. With trading volume as high as $6.6 billion, well over doubling in the span of an overnight, demand for SOL is clearly on the uptick. Its price in the previous week gained a robust 10%, holding steady well above the $165 threshold.
The positive short- and medium-term momentum is seen in this rising force. Analysts are aiming for the $180 resistance. With ongoing buying demand and an RSI still less than 70, SOL still seems to have gains in store. The regions for support still remain in the region of $140 to $125, while resistance lies in $180 and $200.
Momentum Signals Remain Strong
SOL has officially broken out of its downward trading channel. According to CoinCodeCap Trading, it’s hovering around the 200-day Simple Moving Average (SMA), a critical pivot point. Traders now view this breakout as a strong sign of bullish momentum building in the short term. The uptrend is gathering steam, and sentiment continues to shift in SOL’s favor.
Short-term indicators suggest a continued upward path, but long-term caution remains. CoinCodeCap labels the long trend as “strong down,” a note of warning for longer-horizon investors. However, momentum indicators remain healthy, and if $180 breaks soon, a sprint toward $200 could be in play.
Solana Price Predictions for 2025
Solana long-term forecasts are divided. DigitalCoinPrice believes SOL can breach all-time high record price of $294.33 and target $369.97 in December. That would be a 120% increase from the current price. They expect it to settle in the $333 to $369 as investor sentiment gathers pace. That is consistent with broader positive sentiment in DeFi and on Layer 1 networks.
Changelly sees a more restrained path. Their July 2025 forecast caps out at $172.68, with an average around $169.25—barely above today’s price. They cite a potential ROI of just 3.2% and even warn of a -3.9% downturn if key supports collapse. In short, the outlook remains bullish, but divided.
