Solana Price Prediction Eyes $110 As Bitwise’s BSOL Posts Record Trading Volume
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Solana (SOL) trades at $101.36 on August 25, down 0.50%, pressing into resistance inside a rising wedge around $98–$100 that could precede either a breakout or a sharper pullback. Network adoption and funding are supportive: Solana processed a record 1.31 billion transactions last week and SOL ETFs pulled in $33.49M on August 24, the strongest single day since launch, though a notable whale exit increases short-term risk for token performance and DeFi activity.
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- SOL trades at $101.36 on August 25, down 0.50%, pressing into resistance inside a rising wedge
- Solana processed 1.31 billion transactions last week, a new all-time high
- SOL ETFs pulled in $33.49M on August 24, the strongest single day since launch
The SOL price prediction stays bullish but cautious as price presses against a resistance band that’s capped every recent rally attempt, with a rising wedge pattern signaling either a breakout or a sharper pullback is likely coming. Record network activity and strong ETF demand support the bullish case, though a notable whale exit adds a note of caution.
Solana Price Analysis: Will SOL Price Go Up Out of Its Rising Wedge?
SOL has climbed sharply since August 18, breaking above a steep ascending trendline and pushing into a resistance zone between roughly $98 and $100 that …
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