The Solana price today is hovering around $209, marking a decisive recovery after breaking out of a falling channel and reclaiming key psychological levels. Over the past week, SOL has shifted from a corrective pullback near $175 to a strong bullish rebound, powered by inflows and a classic cup-and-handle structure. The immediate challenge now lies at the $215 resistance, which previously capped rallies.
What’s Happening With Solana’s Price?
SOL price dynamics (Source: TradingView)
Solana recently broke out of a descending parallel channel on the 4-hour chart and shot back up above $200, turning the $195–$198 resistance into support. Price action is now pushing against $209–215, which is a level that lines up with the highs from June and previous rejection points. If this band breaks out above it, it would mean that the larger uptrend that started in early August is still going on.
SOL price dynamics (Source: TradingView)
The daily chart shows a bullish ascending channel, and SOL is currently testing the upper boundary. If the price stays above $211, it could mean that the trend will continue, and it could go up to $230. On the other hand, failing here could lead to a retest of $195. From a Smart Money Concepts perspective, SOL has cleared multiple CHoCH and BOS levels, confirming higher-timeframe bullish structure.
Why Is The Solana Price Going Up Today?
Both technical and on-chain factors are helping the current rise in the price of Solana. Spot inflow data shows that nearly $100 million came in on August 24, which confirms that larger accounts are interested in accumulating. In the past, spikes in inflow during resistance tests have come before long bullish runs, especially when they happened with structural breakouts.
SOL price dynamics (Source: TradingView)
This move is backed up by momentum indicators. The RSI on the 30-minute chart is close to 66, which means there is strong but not extreme bullish pressure. VWAP readings also confirm bullish bias, with Solana trading above session VWAP levels near $208. This suggests intraday buyers are still in control.
SOL price dynamics (Source: TradingView)
The Chaikin Money Flow (CMF) is at +0.12, which means that money is coming in steadily. The True Strength Index (TSI) is still high. All of these signs point to an increase in demand and continued participation by buyers.
Indicators Point To Breakout Expansion
SOL price dynamics (Source: TradingView)
The 4-hour Bollinger Bands show rapid expansion after a tight squeeze, with price now pushing beyond the upper band near $214. This signals the beginning of a new volatility cycle. Meanwhile, EMAs (20/50/100/200) are positively stacked, with the 200 EMA sitting far below at $181, providing a strong dynamic support base.
SOL Price Prediction: Short-Term Outlook (24H)
Looking ahead, Solana’s immediate outlook depends on the $209–$215 band. A clean breakout with volume could trigger the next leg higher, targeting $225 and $230 as short-term objectives. If momentum holds, the upper channel projection could extend toward $240 in coming sessions.
On the downside, failure to sustain above $209 may see profit-taking drag SOL back toward $198 and then $185. As long as SOL holds above the $175–$180 support cluster, the broader uptrend remains intact.
With inflows rising, RSI holding in bullish territory, and EMAs aligned upward, Solana price today retains a constructive bias heading into August 25.
Solana Price Forecast Table: August 25, 2025
| Indicator/Zone | Level / Signal |
| Solana price today | $209.46 |
| Resistance 1 | $215 |
| Resistance 2 | $225–$230 |
| Support 1 | $198 |
| Support 2 | $185 |
| RSI (30-min) | 66.7 (Bullish, not overbought) |
| CMF (20) | +0.12 (Positive inflows) |
| Bollinger Bands (4H) | Expanding, breakout signal |
| EMA Cluster (20/50/100/200) | Bullish alignment, support at $181 |
| VWAP (Session) | $208 (Above = bullish bias) |
| Spot Inflows (Aug 24) | +$99.2M (Accumulation signal) |
| Chart Pattern | Cup-and-handle, bullish breakout |
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