Here’s Why Solana Price Will Hit $200 This Month

Solana price held firm above $130 after recovering from the $120 level, rising 4% in the past 24 hours. The SOL price has now surged over 10% in recent days, supported by growing bullish momentum. 

The crypto market was trading 2% higher on the day and 10% higher on the week, which is a positive sign of investor sentiment. This trend has provided Solana with successful opportunities to continue making profits.

As the market gains confidence, analysts are hopeful of a shift to the $200-mark this month. Below, let’s uncover the key factors that could drive Solana’s surge toward $200.

Morgan Stanley Files for Solana ETF, Signals Institutional Crypto Push

Morgan Stanley has registered a Solana Trust ETF with an S-1 form with the SEC of the U.S. This latest registration is an expansion of crypto presence by the investment bank, which manages assets amounting to 6.4 trillion.

This will be a significant milestone in mainstream adoption of Solana price subject to the regulatory approval of the Securities and Exchange Commission.

Solana DEX Volume Hits $451.2B in 2025, Setting New Record

In 2025, Solana recorded the highest annual perpetual DEX volume of $451.2billion ever seen. This is a record of volumes that surpass the total amount of past years since its inception.

🚨BREAKING: In 2025, @Solana’s yearly perpetual DEX volume hit a new all-time high of $451.2B, surpassing the network’s combined perpetual trading volume from all previous years since launch. pic.twitter.com/Ud0O6GuX6s

— SolanaFloor (@SolanaFloor) January 6, 2026

This was fed by major exchanges like Jupiter and Drift Trade. Comparatively, 2024 had registered 238.4 billion, and 2023 had only 2.38 billion.

Solana Spot ETF Inflows Hit 20-Day High at $16.8M

Solana spot exchange-traded funds recorded the biggest single-day inflows of $16.8 million on Tuesday, significant two-decade highs.

According to SolanaFloor, Bitwise BSOL with $12.5 million topped the list by Fidelity FSOL with $2 million. 

🚨JUST IN: @Solana spot ETFs recorded $16.8M in net inflows yesterday, the largest single day inflow seen over the past 20 days. pic.twitter.com/trt71Gj1CC

— SolanaFloor (@SolanaFloor) January 6, 2026

Solana ETF funds had in fact increased to approximately 1.09 billion marking a renewed investor interest as well as improved trading volumes among key issuers.

Solana Price hits 4-month high with 42K tokens launched in 24 hours

The developer activity of Solana has reached a peak with the creation of more than 42,000 SPL tokens on January 5, 2026. This is the largest number of tokens being launched every day on the network in almost four months. 

📈NEW: Over 42,000 new tokens launched on @solana in the last 24 hours, the highest daily count in nearly 4 months. pic.twitter.com/OrSKWpSkHS

— SolanaFloor (@SolanaFloor) January 6, 2026

The spike indicates a growing activity in the ecosystem of Solana, potentially led by the growing trends of increased DeFi, NFT, and memecoin deployment.

Solana Price Holds $137 as Bulls Eye $200 Breakout

The SOL price hovered at $137 as trading remained range-bound on the four-hour chart during early Tuesday sessions. The MACD was positive, and momentum lines were on an upward trend, which showed the presence of bullish pressure.

In the meantime, the CMF remained positive, indicating a strong inflow of capital even in the short run.

Immediate support sits near $130, where buyers previously defended price declines. An upward break of over $150 would introduce upside levels of $180 and $200, according to the detailed Solana price analysis.

A decreasing hold of less than $130 could subject SOL to further consolidation preceding trend continuity.