Solana price is showing renewed strength within its ascending channel, with bulls defending key supports near $190 as anticipation builds for a breakout towards higher targets.
Solana’s latest price action is catching participants’ attention once again as the market shows signs of steady accumulation. Despite recent volatility, the Solana price has managed to defend key support levels with remarkable consistency.
Accumulation Pattern Strengthens Solana Price Outlook
Solana price continues to trade within an ascending channel, showing steady accumulation near the $190 mark. The recent setup highlights how each retest of the lower boundary is being met with strong buying reactions, signaling that bulls are actively defending key trendline support. Momentum appears to be rebuilding gradually, hinting at a potential breakout once $205 to $210 levels are reclaimed.
Solana continues to attract bullish attention as it maintains strong accumulation near $190 within an ascending channel. Source: YiminX via X
YiminX pointed out that this structure aligns with previous accumulation phases seen before major rallies. As long as SOL Solana price maintains support above $180, the setup favors continuation within the rising channel. A clean push beyond $205 could open a move towards $246 and later $351, marking the next wave of recovery as broader sentiment turns risk-on.
Solana Price Prediction: Roadmap Toward Higher Targets
Price structure remains constructive, with Solana price holding near its long-term ascending trendline that has guided the uptrend since early 2023. Current support sits at $187 to $185, while resistance aligns near $260 and $295. The weekly structure shows price coiling tightly between these zones, suggesting volatility expansion may soon follow.
Solana’s price structure remains firm, with analysts eyeing a breakout above $260 that could pave the way toward the $300–$320 range. Source: Exy via X
Exy hinted at a breakout trajectory that could eventually lead SOL Solana price towards $300 to $320 in the next leg higher. A confirmed breakout above $260, the 2021 high, would validate this move, placing $295 and $325 as potential next checkpoints. Technically, as long as Solana stays above the $180 base, the chart supports a bullish bias.
Short-Term Volatility Amid Liquidation Clusters
While higher timeframe charts lean bullish, short-term volatility remains in play. Liquidation heatmaps show dense clusters forming around $189 and $183, areas where leveraged positions are getting squeezed. These zones have acted as intraday magnets, pulling price back into liquidity pockets before rebounds occur.
Solana faces short-term volatility as liquidation clusters near $189 and $183 continue to create sharp but temporary price swings. Source: 5.0 Inverted via X
According to data from 5.0 Inverted, these liquidations may continue to trigger sharp but temporary moves. Once cleared, the market could find stability again, especially if Solana price absorbs sell-side pressure near $180.
Solana Price Analysis
Crypto GVR’s recent Solana price analysis outlines a possible short-term dip into the $150 to $160 region before a larger bullish transition unfolds. This zone coincides with prior weekly demand and aligns closely with the lower boundary of the ascending channel seen on higher timeframes.
Solana price may see a brief dip towards $150–$160 before resuming its broader bullish recovery toward higher targets. Source: Crypto GVR via X
The projection shows a recovery path extending towards $215, $236, and later $253 once the correction completes. Such a structure often represents the final shakeout phase before expansion. As long as Solana price avoids a close below $150, the broader structure continues to favor a bullish turnaround leading into 2026.
Treasury Accumulation Could Trigger a New Bull Run
On-chain data shared by Jesse Peralta shows increasing accumulation of Solana price by major treasury firms, matching Ethereum’s trajectory. This growing institutional demand represents deep conviction and aligns with the network’s expanding role in treasury-backed assets and tokenized portfolios.
Rising treasury accumulation and growing institutional demand are strengthening Solana’s foundation for a potential new bull run. Source: Jesse Peralta via X
Such steady inflows often precede major upward repricings. If the trend continues, it could serve as a fundamental trigger propelling Solana price towards new all-time highs. Combined with resilient technical support, the ecosystem’s strength and treasury confidence mark a powerful foundation for the next cycle.
Final Thoughts: Solana’s Next Move?
Solana price consolidation appears to be part of a healthy mid-cycle structure rather than exhaustion. Key takeaways include:
Support levels: $180 remains critical short-term, with $150 to $160 acting as deeper support if tested.
Upside targets: $215, $246, and $260 are the next key resistances; a breakout above could ignite a move towards $300+.
Catalyst: Increasing treasury accumulation and channel strength hint that a new expansion phase could form by late Q4.
If these supports hold firm, Solana’s outlook remains decisively bullish heading into 2026, with both technical and fundamental conditions pointing to renewed upside momentum.