Solana Price Can Exceed $200 If This Structure Holds

Key Insights:

• Solana price tested major resistance after weeks of consolidation.
• Over $1 Billion flowed into Solana in the past 30 days.
• Technical charts showed an ascending triangle and falling wedge patterns.

Solana pressed into resistance in August 2025 while holding higher lows on its chart. At the time of writing, the Solana price was around $184, up 3.55% in the past 24 hours.

It was down 6.7% over the past week, and lower by 6.27% in the past month. Its all-time high stood near $294.

On-chain data showed more than $1 Billion in capital moved into the network over the last month, signaling stronger liquidity conditions.

Analysts said these inflows, combined with accumulation structures, positioned Solana for a possible breakout.

Solana Price Showed Signs of Accumulation

Chart data showed Solana followed a pattern similar to an accumulation base. Analysts described this setup as two extended consolidation zones that created a foundation after a long decline.

The exit from a descending channel suggested a structural change in market behavior. They said this shift often appeared when selling pressure weakened and demand gradually returned.

The pattern was similar to the Wyckoff accumulation model, where sideways ranges precede a breakout.

Analysts said Solana’s ability to reclaim higher lows, alongside a steady rise in volume near support, increased the likelihood of continuation.

Based on this model, Solana could move toward $200 if buying momentum extended.

At the time of writing, the accumulation structure remained intact. Market watchers said a sustained breakout could extend the Solana price move toward $240 or $260, if the structure held.

Capital Inflows Supported Solana Price Outlook

Data from cross-chain activity confirmed that demand on Solana strengthened. Over the past 30 days, more than $1 Billion was bridged into the network, surpassing flows into Ethereum, Arbitrum, and Base.

Analysts said the inflows showed Solana was becoming a significant venue for liquidity beyond memecoin speculation.

On-chain numbers indicated Solana accounted for 42% of bridging activity in recent weeks. Ethereum trailed behind during the same period.

Analysts said this concentration of inflows provided support for the case that Solana was preparing for a larger move.

Technical strategist Anup highlighted an ascending triangle pattern on Solana’s weekly chart.

The setup formed as price repeatedly tested resistance between $250 and $260 while maintaining an upward trendline.

Analysts said this pattern, when paired with higher lows, often preceded continuation to the upside.

They said a confirmed close above $260 would validate the triangle breakout and could clear the way toward $320 or even $350.

Until then, the range suggested volatility was being compressed for a potential move.

Short-term Solana Price Pattern Aligned With Inflows

On shorter timeframes, analysts identified a falling wedge on the four-hour chart. The wedge narrowed as Solana tested the $176 level before rebounding.

A falling wedge is a technical formation where declining trendlines converge, often signaling an impending reversal once the upper boundary is breached.

Analyst CryptoJack said a breakout above $188 to $190 would mark the first sign that momentum had shifted to buyers.

This pattern, combined with the larger ascending triangle, suggested multiple layers of technical support.

At press time, volume increased each time Solana tested support levels. Analysts said this reaction pattern showed sellers were losing momentum while buyers gained strength.

Whale Transactions Added Short-term Risk

On-chain tracking showed a large transaction that analysts flagged as a caution point. A whale unstaked nearly 100,000 SOL, valued at about $18 Million, and transferred the tokens to Binance.

Analysts said such large exchange transfers often signaled potential selling or hedging activity. They said the move did not invalidate the accumulation or triangle structures.

However, if the whale introduced selling pressure, support between $176 and $169 would be critical to maintain. Analysts said this range had acted as a defensive level in recent weeks.

Breakout Potential Remained Dependent on Confirmation

Solana’s technical position in August 2025 leaned positive. Accumulation bases, rising inflows, and an ascending triangle pointed toward the potential for a breakout above resistance.

Analysts said a move beyond $260 would open space toward $320 to $350 if volume followed. Short-term wedge structures also gave support to a bullish scenario.

However, whale transfers to exchanges reminded traders that near-term volatility remained a possibility. If Solana held support between $169 and $176, the broader structure would remain valid.

At the time of writing, Solana stood at a critical juncture. Analysts said confirmation above resistance would determine whether the next leg higher could develop.