Solana News Today: Solana Price Surges on EMA Rebound and Bullish Technical Setup

Solana (SOL) has shown significant signs of bullish momentum following a key rebound off the 50-day Exponential Moving Average (EMA), setting the stage for a potential breakout above $205 [1]. Traders are now watching closely for a daily close above this critical resistance level, as it would confirm the continuation of the upward trend and unlock further price targets at $220 and $240 [2]. The move from the EMA has been described as a textbook bullish reversal, with the price surging back toward $205 after what many had viewed as a bearish signal [3].

The technical setup for Solana has improved significantly in recent weeks. On August 18, the price broke above the $180 resistance for the first time in months, closing at $185 and reinforcing the strength of the bullish case [4]. Analysts have highlighted a well-defined inverse head-and-shoulders pattern on the chart, with consistent support emerging around the $175 to $180 range [5]. These structural signals suggest that buyers have been maintaining control for an extended period, despite broader market volatility.

Following a brief dip below $200 in mid-August, Solana retested and reclaimed the level by August 22, marking the third time in July that it had broken above $202 [6]. This most recent move was described as the most decisive, with the price demonstrating stronger conviction than previous attempts [7]. On-chain activity has also surged, with true transactions per second (TPS) on the Solana network breaking above 2,300—a new all-time high—indicating strong real-world usage and network scalability [8]. Analysts from Helius and SolanaFloor have cited this as a strong sign of adoption and network reliability [9].

If Solana manages to close above $205 on the daily chart, the next immediate target becomes $220. This level is considered a key psychological threshold, and a successful breakout could lead to a retest of $240 [2]. However, if the price fails to hold above $205, the bullish setup would be temporarily invalidated, potentially leading to a pullback toward the 20-day EMA around $185 [3]. This area could then act as a more favorable entry point for buyers seeking a dip.

The market’s growing interest in Solana is also being reflected in broader institutional developments. VanEck recently filed for a staked Solana ETF, signaling increased mainstream acceptance and potentially attracting traditional investors who have previously been cautious about digital assets [10]. While this development does not guarantee a price rise, it adds another layer of optimism for Solana’s long-term trajectory.

From a trading perspective, Solana’s price action and on-chain data suggest that it is well-positioned for a meaningful move in the short to medium term, provided that the $175 support remains intact [9]. Analysts continue to emphasize the importance of price consolidation and volatility management during major resistance tests, advising traders to monitor the next few trading days closely [5]. As Solana continues to demonstrate resilience and growing adoption, the focus remains on whether it can solidify a breakout above $205 and maintain the upward trajectory.

[1] The Tradable. [https://thetradable.com/crypto/solana-sol-price-prediction-breaks-180-resistance-eyes-220-target-2](https://thetradable.com/crypto/solana-sol-price-prediction-breaks-180-resistance-eyes-220-target-2)

[2] Mitrade. [https://www.mitrade.com/insights/news/live-news/article-3-1059881-20250822](https://www.mitrade.com/insights/news/live-news/article-3-1059881-20250822)

[3] Coinmarketcap. [https://coinmarketcap.com/community/articles/68a96ef61d235d5d37e351d5/](https://coinmarketcap.com/community/articles/68a96ef61d235d5d37e351d5/)

[4] The Tradable. [https://thetradable.com/crypto/sol-price-rockets-13-past-200-is-220-next-on-the-menu-ig--m](https://thetradable.com/crypto/sol-price-rockets-13-past-200-is-220-next-on-the-menu-ig--m)

[5] Brave New Coin. [https://bravenewcoin.com/insights/solana-price-prediction-on-chain-strength-and-technicals-signal-path-to-ath-in-2025](https://bravenewcoin.com/insights/solana-price-prediction-on-chain-strength-and-technicals-signal-path-to-ath-in-2025)

[6] Coinpedia. [https://coinpedia.org/price-analysis/solana-price-reclaims-200-technical-signals-for-a-potential-300-breakout-by-q3-2025/](https://coinpedia.org/price-analysis/solana-price-reclaims-200-technical-signals-for-a-potential-300-breakout-by-q3-2025/)

[10] The Economic Times. [https://m.economictimes.com/crypto-news-today-live-22-aug-2025/liveblog/123439323.cms](https://m.economictimes.com/crypto-news-today-live-22-aug-2025/liveblog/123439323.cms)