SOL Price Forecast: Can Solana Reach $200 on ETF Speculation and DeFi TVL Boom?

Solana has experienced a notable surge over the past 24 hours. The altcoin has shown resilience while other cryptocurrencies are experiencing market corrections. The SOL price forecast hovers above $165 following the market recovery and bullish trends observed across its network. 

At the time of writing, Solana price is trading at $167.60, with a robust surge of more than 5% during the IST period. According to CoinMarketCap data, the current market capitalization is approximately $77 billion, ranking fifth in the cryptocurrency markets. The 24-hour trading volume has reached $3 billion, indicating significant investor interest and market activity.

SOL Price Forecast: Navigating Recent Surge Amid Market Optimism

SOL price forecast has surged significantly over the past week, trading in a range bound of $140 to $167. The cryptocurrency’s value saw a substantial uptick of 21% within this period, attributed partly to market dynamics and possibly influenced by external events. 

This recent rally follows news and developments such as filing an S-1 for a Solana ETF, which could have contributed to investor enthusiasm. The market closely monitors Solana’s performance, as it remains a major player in the blockchain and cryptocurrency sectors.

Over the past month, SOL price has increased 22%, with few market corrections interrupting its steady ascent. This growth is part of a broader trend that reflects increasing investor confidence and wider adoption in the crypto market. Despite occasional fluctuations, Solana’s overall trajectory suggests a strong market presence and potential for further gains. 

Rising DeFi TVL

According to defillama data, Solana has reported a significant amount of total value locked (TVL) at $5 billion. The market capitalization for stablecoins on the Solana blockchain also stands at $3.268 billion. 

Over the past 24 hours, the network has accrued $1.7 million in fees and generated $858,423 in revenue. These figures highlight the growing utility and economic activity within the Solana ecosystem.

If the upward momentum continues, Solana price prediction could potentially breach the key $170 resistance mark. Such a move would reinforce a positive market sentiment, with eyes set on the $190 level. If this positive trend persists, Solana could approach the crucial $200 threshold.

Conversely, the SOL price forecast might retreat to the $160 support level if sellers gain the upper hand. A further decrease could stabilize it near $150, suggesting a shift toward a bearish market scenario.

Technical Indicators Suggest Sustained Solana Momentum

The technical indicators of Solana show a bullish sentiment in the 4-hour chart. The Chaikin Money Flow (CMF) stands at 0.19, suggesting a moderate inflow of money into the asset, indicating some buying pressure. The Relative Strength Index (RSI) sits at 71, indicating an overbought market.

The Moving Average Convergence Divergence (MACD) indicator shows a slight upward trend. The blue MACD line has recently crossed above the orange signal line, which could be interpreted as a bullish signal for investors.

The Awesome Oscillator (AO) is currently at 5.53. This suggests a market momentum strengthening and could indicate further upward movements if the trend continues.

Frequently Asked Questions (FAQs)

1. What immediate price levels should traders watch for Solana?

Traders should keep an eye on the immediate resistance level at $170. Breaking this could lead to attempts toward $190. On the downside, support exists at $160, with a potential further drop to the $150 level if bearish trends dominate.

2. How do recent developments like the Solana ETF filing impact its short-term price?

The recent ETF filing has likely boosted investor confidence and contributed to the price surge. In the short term, this could continue to provide upward momentum as it signals growing institutional interest in Solana.

3. What do current technical indicators suggest for Solana in the short term?

Short-term technical indicators are bullish. The MACD shows a positive crossover, and despite the RSI indicating an overbought condition, the overall market sentiment remains optimistic. However, traders should be cautious of potential corrections due to the overbought status.

✓ Share:

• Trending
• Price Analysis

• South Korea Ends 2018 Ban on VC Investments in Crypto Firms
• Wall Street’s CPI Forecast: Expert Examines if Bitcoin Price Can Sustain Triangle Breakout?
• Avalanche Seeks $1B to Launch Treasury-Focused AVAX Firms in U.S.
• Dogecoin Leads Crypto Market Rally, Expert Sees $0.50 Target on DOGE ETF Launch
• Ethereum News: Latest On-chain Activity Hints Massive ETH Purchase by Bitmine (BMNR) and SharpLink (SBET)

• AVAX Price Eyes $55 as Avalanche $1B Treasury Boost Gains Momentum
• Pump Price Forecast as $12M Buyback Fuels Scarcity — Is $0.01 in Sight?
• SUI Price Prediction as Mysten Labs Meets SEC Ahead of ETF Decision—Is $7.5 Next?
• Can Dogecoin Price Hit $1 as Derivative Volume Jumps Ahead of DOGE ETF Launch
• Bitcoin Price Prediction Eyes $150K as Trump Calls for Aggressive 100 BPS Rate Cut

Best Crypto Presales To Invest In September 2025 – Top Upcoming Presale Tokens

Best Crypto AI Trading Bots In 2025

Top Meme Coins To Buy In September 2025

Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.