Key notes
- Solana joined 17% in a week, exceeding $ 180 for the first time in August 2025.
- 8m soil worth $ 1.4 billion withdrawn from jalitude in 5 days, adding to the short -term market offer.
- The Solusd technical indicators show that the next resistance of the general costs is now at the mark of $ 202, the optimistic momentum maintains above the 20-day MA. .
The Solana prize finally exceeded $ 180 on Saturday August 9, 2025, after several unsuccessful attempts since the beginning of the month.
The 17% rally in last week coincided with 8 million withdrawal from Brade Sol, which suggests that investors move to short -term speculative transactions in the medium of increased market optimism. According to the Blockchain Stokingrewards.com blockchain analysis platform, the cleansing deposits went from 408.04 million soil on August 4 to 399.93 million soil at the time of the press.
Solana stale deposits on August 9, 2025 | SAOKETREWARDS.COM
At the current price of $ 180, the soil withdrawn represents more than $ 1.4 billion reintroduced in the active market offer. Although this increase in liquidity has probably helped to push soil over $ 180, it also causes potential short-term risks, an excess offer that could accelerate a lively withdrawal if the current haus feeling is weakening.
Can Solana price forecasts: Can bulls push around $ 202?
In the past three days, Solana Price has increased by 14%, adding another intraday by 2% on August 9 to earn $ 182, its highest level in August 2025.
The technical indicators show the daily closure above the 20-day mobile average, a configuration that often signals the potential start of a new rally leg. If the bullish momentum holds and the appetite for short -term games, fueled by the implementation withdrawals of $ 1.4 billion, remains high, Sol Price could target the next resistance to general costs at $ 202, marked by the Bollinger upper band.
Solana price forecasts | Tradingview
In order for this increased forecast to be validated, Sol must display several consecutive daily closures above the 20-day MA.
Lowering, if the feeling of the market is weakening, the recent excess offer could trigger rapid sales. In such a scenario, Sol can quickly meet for levels of support around $ 165 at $ 170 before trying another escape.
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Ibrahim Ajibade is a seasoned research analyst with training by supporting various web3 and financial organizations. He obtained his undergraduate diploma in economics and is currently studying for a master’s degree in blockchain and distributed major book technologies at the University of Malta.
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