Solana News Today: Solana Nears Critical $185–$190 Resistance With Potential For 13.26%–48.07% Gains

Solana’s native token, SOL, briefly touched $190 on late August 2025, drawing attention from traders and analysts amid its ongoing price consolidation. The token had previously reached an all-time high of $293 in January 2025 before entering a phase of volatility and consolidation. As the market awaits a potential breakout, technical indicators suggest that Solana is nearing a critical inflection point [1].

Jonathan Carter, a crypto market technician, highlighted an ascending triangle pattern on the Solana daily chart, with resistance forming between $180 and $185. The pattern has been tested multiple times, with the most recent instance occurring as SOL hovered near $181. Carter noted that the 100-day moving average continues to provide support from below, while volume data points to accumulation activity. A successful breakout above the $185–$190 level could lead the price toward $205, $225, and potentially $268, representing gains of 13.26%, 24.31%, and 48.07%, respectively [1].

However, not all analysts are predicting an immediate upward move. Crypto analyst Ali Martinez pointed to the possibility of a short-term pullback before the next rally. According to his 8-hour chart, SOL was trading above $181, but downward pressure could bring the price closer to the $160 support level. Martinez argued that such a correction could actually strengthen the long-term bullish case by creating a strategic entry point for investors [1].

Market context also appears favorable for Solana. Earlier in the week, the token traded near $190 after briefly reaching $209, indicating a possible upward trend. Analysts have suggested that a combination of ETF inflows and upcoming network upgrades could fuel further momentum. FastBull noted that the key resistance between $185 and $190 remains intact, and a breakout from this level could drive more gains [4].

Binance analysts echoed this sentiment, stating that breaking through the $185–$190 resistance wall could trigger the next rally. They emphasized that improved on-chain metrics, coupled with broader market conditions, could provide the necessary tailwind for Solana to reclaim previous highs [5].

At the time of the latest update, Solana was trading at around $182, with bullish momentum showing signs of regaining strength. A sustained move above $190 could not only reinforce the bullish narrative around the token but also signal a broader upward shift in the crypto market [4].

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Source:

[1] Jonathan Carter on X

[2] The Tradable

[3] StealthEX.io via Medium

[4] FastBull

[5] Binance