Solana Price Prediction: Participants Watch $200 Zone as Solana Sets Stage for Next Move

Solana is pressing against the key $200 resistance once again, with price eyeing a breakout that could open the path towards $250–$300.

Solana is back in the spotlight as it makes yet another attempt to crack the $200 resistance level, a barrier it has struggled with for years. Market watchers suggest that this could be the moment SOL finally breaks through, setting the stage for a strong rally.

Solana Reclaims Top Spot in DEX Volume

Solana has once again taken the lead in the decentralized exchange (DEX) race, reclaiming the #1 spot with a massive $4.55B in 24-hour trading volume. This puts it ahead of Ethereum’s $3.68B and far above other chains like BSC and Base, highlighting the network’s unmatched efficiency in handling high-throughput activity.

Solana tops the DEX charts with $4.55B in daily volume, surpassing Ethereum and BSC by a wide margin. Source: SolanaFloor via X

Such dominance in on-chain activity carries weight for Solana’s price outlook as well. Higher DEX volumes often reflect stronger liquidity depth, all of which tends to translate into healthier price action.

Solana Testing the $200 Barrier Again

Solana is approaching a critical inflection point, with price pressing against the $200 resistance level for the ninth time since 2021. This zone has acted as a ceiling across multiple cycles, rejecting advances but also solidifying itself as the most important breakout line on the chart.

Solana tests the $200 resistance for the ninth time since 2021, with analyst eyeing a potential breakout that could fuel a rally toward $300. Source: Milk Road via X

A clean weekly close above $200 would mark the first decisive shift in years, potentially flipping this long-standing wall into support. From a technical view, this would open the door for a much broader rally, with Fibonacci extensions and historical structures pointing toward $250 to $300 as the next major targets.

Analyst Milk Road highlights that repeated retests of a resistance level often weaken its strength, making the eventual breakout more explosive. If SOL Solana price does secure the breakout, momentum could accelerate quickly, fueled by trapped shorts and fresh inflows chasing the move. With on-chain activity already supporting bullish fundamentals, this technical setup adds weight to the view that Solana is building the structure for a major leg higher, making $300 not just a distant dream but a realistic mid-term price objective.

Solana Price Prediction: Eyes on the $360 Breakout

Solana’s ascending trendline continues to hold firm, with price respecting higher lows since April and gradually coiling toward resistance. This consistent structure suggests strong buyer interest at each dip, keeping momentum intact as the market sets up for the next push. The key inflection remains the $200 barrier, but the broader Fibonacci mapping highlights $250, $300, and ultimately $360 as the next technical checkpoints once that breakout is secured.

Solana’s trendline support signals strength, with price eyeing a breakout towards $250–$360. Source: Ali Martinez via X

Analyst Ali Martinez points out that accumulation around current levels could offer one of the better entries before momentum accelerates. The projection aligns with Solana’s broader bullish setup, where the convergence of rising trendline support and horizontal resistance builds pressure for an eventual breakout.

Institutions Building Solid SOL Holdings

Sol Strategies’ disclosure of 400,909 SOL in its treasury highlights a significant level of institutional accumulation. Large-scale holdings like this effectively reduce circulating supply, creating scarcity in the open market that often supports stronger price action..

Institutions now hold over 400K SOL. Source: MartyParty via X

Famous crypto analyst MartyParty believes that as more institutions continue to secure sizable amounts of SOL, the pressure tilts toward the demand side. With less available liquidity, even moderate buying can have an outsized impact on price, adding weight to the bullish outlook for Solana going forward.

Solana Eyes $200–$210 Range

SOL Solana’s chart structure continues to respect higher support levels, with price pushing firmly into the upper resistance band. The recent bounce off the mid-range support near $160 has carried SOL back into the $185 to $190 zone, a level that has historically acted as both resistance and support. Volume is beginning to expand alongside this move, signaling that buyers are stepping in with conviction at key levels.

Solana rebounds from $160 support, with analysts targeting the $200–$210 resistance zone as the next key test. Source: Shardi B via X

Analyst Shardi B suggests that Solana could be preparing for a run towards the $200 to $210 zone, where the next major resistance cluster sits.

Final Thoughts

Solana’s repeated tests of the $200 wall show just how important this level has become. Each rejection has strengthened the idea that once this barrier breaks, momentum could turn fast and sharp. With on-chain volumes leading the industry and institutions steadily accumulating, the foundation for a sustained rally is in place. This blend of technical setup and fundamental strength makes the coming weeks critical for SOL’s trajectory.

If Solana can flip $200 into solid support, the path towards $250, $300, and even $360 opens up with increasing probability. With liquidity deepening and confidence growing, Solana isn’t just battling resistance; it’s preparing to redefine a bullish Solana Price Prediction.