Solana News Today: Solana Dips 25% From July Peak to $162 Amid Market Uncertainty

Solana (SOL) has experienced a notable 25% decline from its July 2025 peak of $206, with the asset stabilizing around $162 in early August. This correction has reduced Solana’s market capitalization to approximately $90 billion, marking a sharp reversal from its strong performance in July when the price reached the $200 level, driven by increased developer demand and institutional interest [1]. The recent pullback reflects broader market uncertainty and profit-taking by traders, though some analysts suggest the price has entered a consolidation phase rather than a long-term bearish trend [2].

Technical analysis highlights key support levels at $160, $140–$136, and $120, with the latter seen as a strong potential floor for the price. If bearish pressure continues and Solana breaks below $160, a drop to $140 is likely, a level expected to attract accumulation interest from institutional investors. The $136 range is particularly noted by trading expert Autumn Riley as a potential reaccumulation point, historically associated with strong buying from long-term investors [3].

On the resistance side, the $172–$175 range is seen as a near-term target, with strong resistance forming at $180–$185. A break above $180 could pave the way for a rally toward $192 or even the psychological $200 level. Analysts from Perplexity AI suggest that Solana could stabilize between $162–$165 for much of August, with a potential short-term rebound if trading volume and sentiment improve [4].

Despite the recent decline, long-term fundamentals for Solana remain robust. Market observers project that, assuming continued growth in network usage, developer engagement, and institutional adoption, the price could return to the $200–$300 range by late 2025. Some optimistic forecasts even point toward a potential move toward $500, though such targets are contingent on favorable market conditions and broader cryptocurrency adoption [5].

The immediate direction of Solana will likely depend on institutional activity, macroeconomic developments, and on-chain data. The coming weeks are expected to be pivotal in determining whether the price can regain upward momentum or face further correction. For now, the stabilization around $162 reflects a cautious market sentiment, with traders and investors closely watching key price levels and broader market dynamics for the next directional move.

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Source:

[1] Blockonomi, [https://blockonomi.com/solana-sol-price-25-decline-from-july-peak-as-trading-stabilizes-around-162/](https://blockonomi.com/solana-sol-price-25-decline-from-july-peak-as-trading-stabilizes-around-162/)

[2] Blockonomi, [https://blockonomi.com/xrp-xrp-price-trading-at-2-90-after-recovery-from-2-75-dip/](https://blockonomi.com/xrp-xrp-price-trading-at-2-90-after-recovery-from-2-75-dip/)

[3] The Economic Times, [https://m.economictimes.com/crypto-news-today-live-04-aug-2025/liveblog/123081462.cms](https://m.economictimes.com/crypto-news-today-live-04-aug-2025/liveblog/123081462.cms)

[4] Instagram, [https://www.instagram.com/p/DM7dFjlyzYw/](https://www.instagram.com/p/DM7dFjlyzYw/)

[5] Instagram, [https://www.instagram.com/reel/DM6sbE5BWSx/](https://www.instagram.com/reel/DM6sbE5BWSx/)