Solana (SOL) is currently trading at $185.70, marking a 5.96% drop for the day. Despite the dip, it saw a 15.99% jump in trading volume, pushing total volume to $11.49 billion in just 24 hours. Over the past week, the coin has shown strength with a 5.39% increase. Traders now eye the $200 level, a key resistance zone that has proven tough to break.
Crypto analyst CoinCodeCap sees a make-or-break moment. SOL recently cleared the $160–$165 zone, crossing the 200-day simple moving average. This move had bulls targeting $200, a level tested but not yet conquered. With the RSI showing neutral momentum and a MACD bullish crossover still intact from 27 days ago, the bullish trend remains alive—but fragile.
Market Awaits Clear Directional Signal
SOL’s chart paints a clear battleground. If it breaks past $200, the next resistances lie at $223 and $260. But if it fails to clear that zone, support sits strong at $180, then deeper at $160 and $140. The setup hints at a textbook resistance retest, where traders must watch closely for either a surge or a steep pullback.
CoinCodeCap stresses that momentum is intact, but the market waits for a clear signal. The broader narrative of Solana’s adoption in real-world assets (RWA) adds long-term strength. While short-term volatility may shake weak hands, re-entry on dips remains a valid strategy. Any clean break above $200 could invite aggressive buyers and new capital inflows.
Solana Price Predictions for 2025
We see a bullish outlook from DigitalCoinPrice that sees SOL break above $294.33 in the near future with a target for end-2025’s $409.62 zone. January’s initial jump to $289.36 supports that. Big players anticipate that with growing adoption, SOL could regain and exceed all-time highs. If macro trends stay bullish, levels of up to approximately $369.53 or more could be achieved.
Changelly is even more bearish. A 2025 forecast they put out predicts a possible high of a paltry $179.01 with a -5.4% adverse ROI. Their July 2025 forecast works out to a paltry $197.15, slightly higher than today’s price. With a range so tight, this indicates more consolidation in the near-term short of some big catalyst.
