Solana News Today: Solana Surpasses Bitcoin as Institutional Adoption Fuels Bull Run

Solana (SOL) has demonstrated robust momentum in August 2025, with the price surging past the critical $200 level, reaching a high of $207.45. This move, driven by institutional adoption and technical upgrades, has positioned Solana as one of the strongest performers in the crypto market, outpacing Bitcoin's 3% gain and Ethereum's 9% rally. A key catalyst for this rise was Circle’s $750 million USDC mint on Solana, which pushed total USDC issuance to $24.75 billion and solidified Solana's role as a leading settlement layer for stablecoins. This move has further entrenched Solana in institutional finance, with nearly half of all USDC transactions now processed on the network. Analysts highlight that such liquidity injection creates a self-reinforcing cycle, driving DeFi growth and attracting more capital into Solana's ecosystem.

The Alpenglow upgrade, scheduled between August 27 and September 2, is another major driver of optimism. This upgrade aims to reduce block confirmation times to 100 milliseconds, potentially positioning Solana as a decentralized alternative to centralized payment processors like Visa. Developers are emphasizing features such as Rotor and Votor, which are designed to finalize transactions in under one second. If successful, this could open the door for traditional financial institutions to adopt Solana for high-frequency trading and cross-border settlements. This shift could expand Solana’s total addressable market beyond DeFi into mainstream financial infrastructure, a move that would significantly boost its institutional appeal.

Technically, Solana’s price action also suggests a strong bullish trend. Key indicators such as the EMA5 ($204.27), EMA10 ($201.48), and EMA20 ($197.20) are aligned, reflecting a clear upward trajectory. The MACD and RSI further support this trend, with RSI6 at 85.49 indicating overbought conditions consistent with a strong bull market. Immediate resistance is at $210.66, and analysts project a target range of $220–$236 if the price holds above $200. A breakout at $236 could accelerate Solana toward $250 and beyond. Additionally, the recent short squeeze around $190–$195 has cleared the order book of immediate selling pressure, providing bulls with a cleaner path upward.

Institutional interest in Solana is also gaining momentum through innovative products like the VanEck JitoSOL ETF. This application, which seeks to provide exposure to staked Solana tokens, is seen as a major step in bridging traditional finance with blockchain-based assets. If approved by the SEC, it could catalyze a surge in institutional capital flows similar to Ethereum's ETF-driven rally. The broader Solana ecosystem is also expanding, with lending protocols, automated market makers, and NFT platforms capturing increased on-chain activity and liquidity.

While Solana continues to outperform, broader crypto markets are also seeing gains, with Ethereum and Bitcoin benefiting from the Federal Reserve’s dovish pivot. Bitcoin, in particular, surged over 5% to $117,300, liquidating $379.88 million in shorts and reigniting bullish sentiment. Analysts like Michael van de Poppe and André Dragosch have weighed in on the potential for Bitcoin to reach $145,000 or even $200,000 by year-end. Meanwhile, Jack Dorsey has emphasized the philosophical divide between Bitcoin and Ethereum, framing the choice as one between security and speed. He argues that Bitcoin's deliberate approach to development ensures long-term stability, making it a more robust foundation for future generations.

As the crypto market continues to evolve, Solana, Ethereum, and Bitcoin are all positioned for significant growth in the fourth quarter of 2025. With institutional adoption, technical upgrades, and regulatory clarity shaping the landscape, the coming months could see further price surges driven by increased liquidity, ETF approvals, and macroeconomic shifts. For investors, the key will be monitoring these developments and assessing their potential impact on market dynamics.

Source:

[1] Solana Price, SOL Price, Live Charts, and Marketcap (https://www.coinbase.com/price/solana)

[2] Solana Price Forecast: SOL-USD Holds $200, Eyes Breakout (https://www.tradingnews.com/news/solana-price-forecast-sol-usd-holds-200-usd-eye-breakout)

[3] Bitcoin News: Eric Trump's BTC Price Predictions (https://www.coindesk.com/business/2025/08/23/eric-trump-makes-bitcoin-price-predictions-as-he-reportedly-gets-ready-to-visit-metaplanet)

[4] Jack Dorsey Says There's Only One Way To Choose Between (https://finance.yahoo.com/news/jack-dorsey-says-theres-only-123727966.html)

[5] Bitcoin price breakout to $117K liquidates bears, opening (https://cointelegraph.com/news/bitcoin-price-breakout-to-dollar117k-liquidates-bears-opening-door-to-fresh-all-time-highs)