Solana Price Prediction: SOL Breaks Key Resistance – What This Means for Future Gains

Solana
Ad Disclosure
Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Solana breaks key $180 resistance consolidating at $185 as inverse head and shoulders pattern targets $220 breakout.
Ad Disclosure
Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Crypto Journalist
Crypto Journalist
Anas HassanVerified
Part of the Team Since
Jun 2025
About Author

Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech.

Ad Disclosure
Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Last updated: 
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Solana’s price continues to consolidate around the $185 level, following its successful breach of a critical resistance level near $180 last Friday.

This breakthrough positions SOL for potential runs toward the next resistance targets at $192 (initial barrier) and $205 (significant resistance zone).

Trading at $187.19, SOL has demonstrated impressive recovery momentum, posting a 31% gain over the past month while maintaining a market capitalization of $100 billion.

Solana Price Eyes $192 Breakout Following Network Block Upgrades

Solana appears to be preparing its infrastructure for anticipated expansion. On July 22, the Solana network increased its block capacity by 20%, raising the limit to 60 million compute units (CU).

Mert Mumtaz, co-founder and CEO of Helius (a platform providing infrastructure and development tools for Solana), explained via X that this upgrade enables the network to process more transactions within each block.

Many analysts now view the current Solana price levels as attractive opportunities for accumulation.

Recently, Nasdaq-listed DeFi Development Corp announced that it stands just one token purchase away from reaching 1 million SOL (valued at $187 million) in its treasury reserves.

Bitcoin mining company Bit Mining also revealed on July 10 that it plans to raise $200-300 million for building a Solana treasury.

Cryptocurrency analysts suggest that with this level of institutional accumulation, once Solana surpasses the $200 threshold, minimal resistance exists between that level and $250.

Solana Price Analysis: Inverse H&S Pattern Points to $220 Bullish Reversal

The SOL/USDT daily chart reveals a developing inverse head and shoulders formation, a recognized bullish reversal pattern.

The pattern displays clearly defined left shoulder, head, and emerging right shoulder components, indicating potential upside breakout if price closes above the neckline area, which corresponds to the $200-$205 zone.

Solana Price Prediction: SOL Breaks Key Resistance – What This Means for Future Gains
Source: TradingView

The RSI reading of 67.04 sits just below the overbought level of 70, suggesting continued strength without excessive buying pressure.

Should SOL maintain support above $180 and achieve a convincing neckline break, the measured target projects to approximately $223, representing the completion of the inverse head-and-shoulders pattern.

Snorter Bot: New Way to Find Hot Solana Tokens

While big companies are buying up SOL, there’s been a lot of excitement around new meme coins on the Solana network, especially on a platform called BONKfun.

The problem is that most of these new coins aren’t available on the popular exchanges where regular people usually buy crypto.

That’s where Snorter Bot (SNORT) comes in. This new project is built to spot promising tokens before they become popular and their prices shoot up.

Solana Price Prediction: SOL Breaks Key Resistance – What This Means for Future Gains
Source: Snorter Bot

Snorter is a trading bot that you can use through Telegram, and it is built specifically for the Solana network, which means it can work super fast to help you find good investment opportunities early.

The company behind Snorter is currently running an early sale where you can buy their $SNORT tokens before they become available to everyone else.

So far, they’ve raised over $2.4 million from investors who believe in the project.

If you want to get in early, you can get $SNORT tokens for $0.0995 each right now.

This price will only last for 24 hours before it goes up, as part of their two-day pricing system.

In the Article
Solana
SOL
$84.10
3.33 %

2M+

Active Monthly Users Around the World

250+

Guides and Reviews Articles

8

Years on the Market

70

International Team Authors
editors
+72 More
At Cryptonews, we aim to make cryptocurrency, blockchain, and Web3 understandable, and information available to everyone, no matter what level you are in your investment journey. Founded in 2017, Cryptonews has been dedicated to delivering reliable, multilingual coverage of the cryptocurrency industry.

Best Crypto ICOs

Discover trending tokens still in presale — early-stage picks with potential.

Explore Our Tools

Smart tools made for everyday crypto users

Market Overview

  • 7d
  • 1m
  • 1y
Market Cap
$2,478,469,684,068
-7.13%
Trending Crypto

More Articles

Price Analysis
Solana Price Prediction: Key Technical Formation Signals Major Upside Potential for SOL
Anas Hassan
Anas Hassan
2025-07-26 13:04:42
Price Analysis
Cardano Price Prediction: Leios Upgrade Targets Solana-Level Speed – Could ADA 50x Before 2026?
Alejandro Arrieche
Alejandro Arrieche
2025-07-25 15:36:26
Crypto News in numbers
editors
Authors List + 66 More
2M+
Active Monthly Users Around the World
250+
Guides and Reviews Articles
8
Years on the Market
70
International Team Authors