Solana News Today: Solana Price Trapped at $164–$168 Amid Strong Fundamentals and Upcoming Upgrades

Cryptona.co has published a detailed analysis of Solana (SOL) in August 2025, leveraging insights from Claude AI to project potential price movements for the asset over the next several years. While the price of Solana remains range-bound between $164 and $168, the underlying fundamentals show continued strength, with the network processing over 550 million daily transactions and maintaining 99.99% uptime. Despite this performance, the price has yet to break through the $180–$188 resistance level, raising the question of whether the market is underpricing Solana’s execution [1].

According to the report, if Solana can overcome this key technical hurdle with sufficient trading volume, it could open the path to a short-term price range of $200–$206. In the longer term, further gains depend on the alignment of key catalysts such as the launch of the Firedancer upgrade and potential approval of a Solana ETF. The Firedancer upgrade, currently in testing, aims to significantly enhance the network’s throughput, potentially pushing it into the millions of transactions per second (TPS), which could shift Solana from a high-performance platform to a structural leader in the eyes of institutional investors [1].

The report outlines four price scenarios for Solana through 2030, developed with input from Claude AI. In the conservative case, the price is projected to range between $300 and $400 in 2025. The base case, which assumes ETF approval and continued DeFi dominance, suggests a target of $500–$800 for 2025. A bullish scenario envisions a price above $1,000, while an extreme bull scenario, based on ideal macroeconomic and regulatory conditions, forecasts a price of $3,211 by 2030 [1].

Analysts at Cryptona emphasize that these price targets are not guarantees but probability-weighted outcomes based on current data. The actual trajectory of Solana will depend heavily on how effectively the network translates its technical capabilities into sustained economic activity and how rapidly institutional demand materializes. The potential approval of a Solana ETF is seen as a critical factor that could broaden the asset’s holder base, reduce funding volatility, and deepen derivatives markets [1].

From a technical perspective, Solana’s price action remains constructive despite muted near-term momentum. The Relative Strength Index (RSI) is in the low-to-mid 40s, indicating neutral conditions, while the Moving Average Convergence Divergence (MACD) leans slightly bearish. However, the price remains above its 200-day moving average near $162, preserving the long-term uptrend. Spot volumes in the mid-single-billions and elevated futures activity suggest ongoing accumulation during consolidation. Key support and resistance levels have been identified: $155–$157 as support, $164–$168 as the pivot range, and $180–$188 as the primary resistance level [1].

On the fundamental side, Solana continues to lead in on-chain throughput, DeFi total value locked (TVL), and decentralized exchange activity. Its institutional adoption is also expanding, with corporate and enterprise integrations helping to broaden its utility and reduce perceived operational risks. These factors, combined with technological advancements like Firedancer, are reinforcing the case for a re-rating of Solana’s valuation [1].

In summary, the analysis from Cryptona.co highlights a market that is beginning to recognize Solana’s growing economic and technical footprint. While price action has been contained in the short term, the combination of continued on-chain activity, institutional interest, and upcoming upgrades could drive a significant revaluation. Investors are advised to monitor key resistance levels and potential catalysts over the next 12–18 months.

Source:

[1] Claude AI Predicts Solana Breaking $500 Sooner Than You Think — 2025 Price Targets Revealed

https://cryptodaily.co.uk/2025/08/claude-ai-predicts-solana-breaking-500-sooner-than-you-think-2025-price-targets-revealed