Solana Price Rally Targets $215 Resistance Zone, All You Need To Know

Solana moved back above $200 after a sharp one-day gain, lifting its market capitalization above $107 Billion. The rally placed the token at a technical pivot that could determine its next direction.

Analysts said that holding above $200 on daily closes could open a path toward $215 and $225 in the short term. If the level failed, support sat near $190, where the token consolidated earlier this month.

Solana Price Tests Psychological Barrier

The Solana price climbed about 9% in 24 hours, reclaiming the $200 level at press time. The move increased SOL’s market capitalization above $107 Billion.

Analysts said the level acted as a major psychological and technical barrier in recent months. Trading volume also increased, reinforcing the importance of the breakout.

Analysts considered $200 a pivot zone. Sustained closes above that figure could support another leg higher, while a break below it could return the token to prior consolidation near $190.

The rally began near $173, where SOL rebounded from its 50-day exponential moving average (EMA). The token then advanced toward $205, which analysts identified as short-term resistance.

Technical signals such as the Moving Average Convergence Divergence (MACD) showed momentum turning upward at the time of writing, with the Relative Strength Index (RSI) around mid-60 levels.

Analysts said the indicators left room for further gains without signaling overbought conditions.

Solana Price Supported by Technical Factors

The technical structure showed confluence between the 50-day and 100-day EMAs, offering dynamic support during the rebound.

Analysts said a daily close above $205 would validate continuation toward $220 and possibly $240.

Market commentator Lark Davis said that price confirmation above the $205 resistance would strengthen the bullish case.

Analyst Rendoshi Ondomoto noted that a clean breakout above $236, which formed a key horizontal resistance, could allow the token to retest its all-time highs.

Short positioning also influenced the rally. Analyst CW reported that clusters of liquidity above $190 were absorbed during the surge, leading to liquidations of short contracts.

This type of move often removes selling pressure and creates space for further upside. With short interest reduced, analysts said the token had room to test $210 and $215.

Source: X

Technical signals aligned with fundamental adoption. Analyst Ose said nearly half of all USD Coin (USDC) transfers across blockchains were processed on Solana.

Low transaction costs and fast settlement times supported this usage.

The dominance in stablecoin transfers suggested that SOL played a growing role as a settlement layer.

Analysts viewed the adoption trend as a fundamental base that complemented technical momentum.

Stablecoin activity indicated demand linked to actual usage rather than speculation, giving additional weight to the recent rally.

The token also traded within a rising triangle structure that had been developing for months. Each higher low reinforced buyer conviction.

Analysts said the pattern pointed to resistance near $205 to $210. A breakout above $236 would mark a significant step toward prior highs around $260.

Looking Ahead to Key Resistance Levels

Analysts said the focus remained on whether the Solana price could maintain daily closes above $200 and challenge resistance zones at $210 and $215.

If buyers held momentum, upside targets extended to $225 and then $236. Support stayed near $190, with moving averages offering reinforcement around $173.

Momentum indicators at press time showed room for further gains. Adoption trends strengthened the fundamental picture, particularly the network’s growing share of stablecoin transfers.

Whether SOL can transform the $200 level into a lasting support will determine if the token has capacity to approach $236 and beyond in the coming sessions.

Source: https://www.thecoinrepublic.com/2025/08/24/solana-price-rally-targets-215-resistance-zone-all-you-need-to-know/