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SOL Price Prediction: $210 Target in Sight as Technicals and Fundamentals Align

SOL Price Prediction: $210 Target in Sight as Technicals and Fundamentals Align

Author:
SOL News
Published:
2025-08-18 12:58:48
13
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[TRADE_PLUGIN]SOLUSDT,SOLUSDT[/TRADE_PLUGIN]

#SOL

  • Technical Strength: Price holding above key moving averages with MACD showing reversal potential
  • Network Momentum: Record-breaking TPS and consensus upgrades enhancing Solana's competitive position
  • Market Dynamics: ETF interest and developer activity creating fundamental support for valuation

SOL Price Prediction

SOL Technical Analysis: Bullish Indicators Emerge Despite Short-Term Volatility

SOL is currently trading at $182.90, above its 20-day moving average of $177.97, suggesting underlying strength. The MACD histogram remains negative at -6.7970, but the narrowing gap between signal lines indicates weakening downward momentum. Bollinger Bands show price hovering NEAR the middle band, with potential resistance at $200.99 and support at $154.95.

"The convergence of MACD lines often precedes trend reversals," notes BTCC analyst Ava. "With SOL holding above key moving averages and demonstrating resilience at the $180 support level, technical conditions appear favorable for a potential upward move."

SOLUSDT

Solana Network Developments Counterbalance Mixed Market Sentiment

Recent solana headlines present a dichotomy: While the network achieves breakthrough throughput (107k TPS in stress tests) and progresses with its Alpenglow upgrade, price action shows 6% retracement from recent highs. Fundamental developments including reduced block finality times and ETF interest contrast with technical resistance at $180.

"Network upgrades typically create bullish fundamentals," observes BTCC's Ava. "The current pullback appears healthy after an 18% weekly surge, with critical infrastructure improvements likely to support long-term valuation."

Factors Influencing SOL's Price

Solana Founder Challenges Privacy as a 'Killer Feature' in Crypto Adoption

Solana Labs founder Anatoly Yakovenko, known as 'Toly,' argues that privacy alone fails to drive meaningful user adoption in decentralized finance. His comments came during an X thread discussing DeFi's biggest hurdles, where he dismissed privacy as a standalone catalyst for behavioral change. "There is lack of product-market fit for privacy. In itself, it's not a killer feature that would change user behavior," Yakovenko stated.

The debate highlights a growing tension between ideological purity and pragmatic growth in crypto. While privacy coins like Zcash and Monero have niche followings, Yakovenko contends that mainstream adoption requires solving tangible problems—not just offering cryptographic anonymity. This perspective aligns with Solana's design philosophy, which prioritizes scalability and low fees over privacy-preserving features.

Market data appears to support Yakovenko's thesis. Privacy-focused tokens collectively represent less than 0.5% of the total crypto market capitalization, while transparent chains like Solana and Ethereum continue dominating developer activity. The discussion gains relevance as regulators globally increase scrutiny on anonymous transactions, potentially further marginalizing privacy-centric projects.

Solana Prepares Alpenglow Upgrade in Push for Nasdaq-Like Speed

Solana is gearing up for a transformative upgrade with the introduction of Alpenglow, a new consensus model set to replace its current Proof-of-History and TowerBFT system. The shift, detailed in governance proposal SIMD-0326, aims to enhance transaction speeds, bolster security, and streamline network architecture, positioning Solana for broader global adoption.

The move comes as Solana hits 35 million daily transactions, surpassing volumes seen on several major global exchanges. TowerBFT's performance bottlenecks—delayed block finalization and lack of formal safety assurances—have prompted the overhaul. Alpenglow's research-backed design promises faster finality, improved resilience, and mathematically verifiable security.

Solana (SOL) Retreats 6% Despite 18% Weekly Surge - Critical Support Test at $180

Solana's SOL token fell 6% to $181, retreating from a weekly high of $195.89 as traders tested key support levels. The pullback follows an 18% surge earlier in the week, fueled by institutional interest in network upgrades like Firedancer and Alpenglow.

Transaction volume on Solana's network declined to 1.1 billion in August, creating short-term uncertainty. Despite this, the Solana Index outperformed traditional markets with a 6.7% weekly gain compared to 2.4% for equities—a sign of growing institutional adoption.

Technical indicators show neutrality with an RSI of 50.73, suggesting balanced momentum after the recent correction. The $180 support level now serves as a critical battleground between bullish institutional flows and near-term profit-taking.

Solana Briefly Hits 100K TPS Under Stress Load, Boosting SOL Appeal

Solana's mainnet briefly processed over 100,000 transactions per second (TPS) during a stress test over the weekend, according to block data. A single block handled 43,016 successful transactions and 50 failures, peaking at 107,540 TPS—facilitated by validator "Cavey Cool." The surge was driven by lightweight "noop" program calls, designed to stress-test network capacity without altering state.

Critics dismissed the achievement as artificial, but Helius CEO Mert Mumtaz countered on X, noting the non-trivial cost of signature verification and data loading. The event demonstrated Solana's theoretical capacity for 80,000–100,000 TPS in real-world operations like transfers or oracle updates, though current user-facing throughput remains at ~1,000 TPS for applications.

The milestone reinforces Solana's scalability narrative, potentially enhancing demand for its SOL token as competitors grapple with throughput limitations.

Solana Hits 107,000 TPS in Stress Test, Showcasing Scalability Potential

Solana's network achieved a staggering 107,540 transactions per second during a recent stress test, pushing the boundaries of blockchain scalability. The test, conducted through high-load "noop" program calls, demonstrated the network's theoretical upper limits rather than real-world usage.

While the milestone is impressive, developers note that practical throughput for actual transactions—such as transfers or oracle updates—would likely range between 80,000 to 100,000 TPS. This still dwarfs Solana's current daily average of 1,000 to 3,700 TPS, which is heavily influenced by validator vote activity.

The results arrive as Solana's ecosystem prepares for Firedancer, a new validator client capable of over 1.2 million TPS in test environments. Architectural upgrades like execution-consensus separation and localized fee markets aim to prevent congestion issues that have plagued the chain in the past.

Solana Price Tests Crucial Support Zone—A Breakdown Could Spark a 12% Slide

Solana (SOL) has entered a critical support range as the broader crypto market faces downward pressure. The asset now trades near $127, marking an 8% weekly decline. Over $8.5 million in long positions were liquidated in the past 24 hours, exacerbating selling pressure.

Spot trading volume dropped 18%, signaling weakening demand, while derivatives open interest fell 6%. Despite maintaining a $57 billion market cap and top-five ranking, SOL's trajectory hinges on whether bulls can defend this support level. A failure to rebound could trigger another 12% decline.

The market-wide correction has particularly impacted Solana, with trader sentiment turning cautious. The next price movements will prove decisive for SOL's near-term performance in this volatile environment.

SOL Price Prediction: $210 Target Within Two Weeks as Technical Indicators Align

Solana approaches a critical technical juncture at $182.28, with analysts divided between bullish breakout scenarios and cautious downside warnings. The MACD indicator currently favors upside potential, suggesting a possible rally toward the $210-$218 range if the cryptocurrency can overcome stiff resistance at $200.

CoinEdition's cup-and-handle pattern analysis supports the bullish case, while FinanceFeeds warns of potential retreat to $172 if key support fails. DeFi's growing total value locked provides fundamental support for the optimistic projections, creating a tension between technical patterns and on-chain metrics.

Market participants face a clear risk-reward calculus: a 7-10% upside to $195-$200 in the near term, versus a 5% downside risk to major support at $172. This volatility window coincides with Solana's ongoing infrastructure development and expanding ecosystem activity.

Solana Validators Vote on Alpenglow Proposal to Slash Block Finality Time

Solana's validator community has initiated voting on SIMD-0326, the Alpenglow upgrade proposal. Developed by Anza, this overhaul aims to replace TowerBFT with a system promising 100-150ms finality—a 99% reduction from the current 12.8 seconds. The upgrade leverages off-chain voting through Votor, a lightweight protocol that certifies blocks in one or two rounds based on validator consensus thresholds.

Controversy surrounds the 1.6 SOL Validator Admission Ticket, a burned fee designed to offset inflation. While the proposal's technical merits—signature aggregation and bandwidth reduction—are clear, concerns persist about testing rigor and economic implications. Approval would position SOL's performance closer to traditional Web2 infrastructure benchmarks.

Solana Alpenglow Consensus Proposal Enters Community Voting Stage

Solana's Alpenglow consensus proposal has advanced to a critical community voting phase, marking a pivotal moment in the blockchain's evolution. The proposed upgrade seeks to replace the existing TowerBFT system with a more efficient framework, introducing Rotor—a novel block propagation method designed to enhance speed and reliability.

Voting commenced in epoch 840, with validators allocating stake-weighted tokens to 'Yes,' 'No,' or 'Abstain' options. Passage requires a two-thirds majority of non-abstaining votes and a 33% quorum of total stake. Rotor promises sub-150ms finality when 80% of validators participate, potentially reshaping Solana's performance for decentralized applications and ETF prospects.

Solana Eyes All-Time High as ETF Inflows and Network Activity Surge

Solana's SOL token consolidates near $193 after retreating from its $210 peak, buoyed by growing institutional interest and accelerating on-chain activity. The REX-Osprey SOL + Staking ETF (SSK) recorded $25.8 million in net inflows last week, extending its seven-week accumulation streak to $164 million total. With SSK's assets under management now exceeding $183 million, the product has emerged as a leading altcoin investment vehicle.

Network fundamentals reinforce the bullish case. Solana's stablecoin supply and transaction volume show parabolic growth, while its staking rewards mechanism continues attracting capital. Market participants anticipate potential spot SOL ETF approvals later this year, with Polymarket odds reflecting this optimism. Unlike traditional staking products, SSK offers dual exposure to both price appreciation and staking yields.

Solana Fixes Critical Vulnerability in Privacy Token System

Solana has addressed a significant security flaw in its Token-22 confidential transfers system that could have allowed attackers to forge zero-knowledge proofs and mint or withdraw tokens illicitly. The vulnerability, discovered on April 16, was promptly verified and patched by engineers from Anza, Firedancer, and Jito teams.

The bug resided in the ZK ElGamal Proof program, a core component enabling private balances and transfers through encrypted amounts. This swift resolution underscores Solana's commitment to maintaining robust security protocols despite the inherent challenges of privacy-focused blockchain architectures.

Is SOL a good investment?

SOL presents a compelling investment case based on current technical and fundamental factors:

MetricValueImplication
Current Price$182.90Holding above 20MA support
MACDConvergingPotential bullish crossover
Bollinger BandsMiddle band holdNeutral momentum
Network TPS107,000Proven scalability
Upgrade ProgressAlpenglow votingImproved performance coming

Key considerations:

  • Short-term volatility expected near $180 support
  • ETF inflows creating new demand channels
  • Technical target of $210 remains viable

"SOL's risk-reward ratio appears favorable at current levels," concludes Ava. "Investors with 3-6 month horizons may find this an attractive entry point, though strict risk management remains essential."

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