Solana Price Prediction: SOL Tests $215 as U.S. Blockchain Push Fuels Momentum
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Solana price today is trading near $215, holding gains after a strong August rebound that lifted the token from July’s $170 zone. The latest surge reflects a combination of technical momentum and renewed fundamental support, with buyers attempting to drive price toward the $220–$225 region.
The rally comes as the U.S. government confirmed plans to publish GDP data on multiple blockchains, including Solana, a development seen as a major validation of the network’s infrastructure. At the same time, spot market flows show whales positioning aggressively, with $57.7 million in net inflows recorded on August 29.
With price perched near the 61.8% Fibonacci retracement and upper channel resistance, the next sessions could define whether Solana can extend higher or if rejection sparks a corrective pullback.
Solana Price Holds Firm as Channel Structure Guides Trend
On the 4-hour chart, Solana price action continues to respect an ascending channel that has guided the uptrend through August. Support is established near $200, while overhead resistance at $220 has capped multiple rallies this week.
Exponential moving aver…
The post Solana Price Prediction: SOL Tests $215 as U.S. Blockchain Push Fuels Momentum appeared first on Coin Edition.
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Solana Price Prediction: SOL Tests $215 as U.S. Blockchain Push Fuels Momentum
Share:
Solana price today is trading near $215, holding gains after a strong August rebound that lifted the token from July’s $170 zone. The latest surge reflects a combination of technical momentum and renewed fundamental support, with buyers attempting to drive price toward the $220–$225 region.
The rally comes as the U.S. government confirmed plans to publish GDP data on multiple blockchains, including Solana, a development seen as a major validation of the network’s infrastructure. At the same time, spot market flows show whales positioning aggressively, with $57.7 million in net inflows recorded on August 29.
With price perched near the 61.8% Fibonacci retracement and upper channel resistance, the next sessions could define whether Solana can extend higher or if rejection sparks a corrective pullback.
Solana Price Holds Firm as Channel Structure Guides Trend
On the 4-hour chart, Solana price action continues to respect an ascending channel that has guided the uptrend through August. Support is established near $200, while overhead resistance at $220 has capped multiple rallies this week.
Exponential moving aver…
The post Solana Price Prediction: SOL Tests $215 as U.S. Blockchain Push Fuels Momentum appeared first on Coin Edition.
Read More
Solana New Holders Drop by 2.3 Million, Will It Impact Price Recovery?