Solana (SOL) Eyes Further 20% Rally After Blasting Past $200 on Strong 15% Surge

Solana (SOL) has surged past the $200 milestone after an impressive 15% daily jump, sparking renewed bullish momentum across the market. The breakout highlights growing investor confidence, fueled by rising network activity and increasing institutional interest. With momentum building, SOL now appears poised for another 20% upswing in the near term. While the range around $205 has offered a tough resistance in the recent past, the question appears to be whether the SOL price can make it to $220 in August 2025.

What’s Fueling the SOL Price Rally?

Solana (SOL) has surged past $200, reflecting a powerful wave of bullish sentiment backed by strong fundamentals. The recent upswing is fueled by:

• Developer Activity & Network Upgrades – Continuous innovation, ecosystem expansion, and protocol improvements are strengthening Solana’s position as a high-performance blockchain.

• On-Chain Accumulation—Long-term holders are increasing positions, signaling confidence in sustained price growth.

• NFT & Meme Coin Growth—Rising activity in NFTs and meme tokens on Solana is driving network demand and transaction volumes.

These factors have combined to create a favorable market environment for SOL, with traders eyeing the $240 level as the next potential target. The breakout above $200 also confirms growing interest from retail participants and crypto enthusiasts, pushing Solana into the spotlight of the ongoing market rally. If momentum holds, SOL could extend its gains, solidifying its status as a top-performing altcoin in 2025.

Will Solana Price Reach $250 This Month?

Solana’s recent surge past $200, fueled by strong developer activity, on-chain accumulation, and booming NFT ecosystem demand, has intensified speculation about a move toward $250. If bullish momentum and high trading volumes persist, breaking this psychological level is possible. However, sustaining above key price zones will be crucial for confirming a decisive push within the month.

• The SOL price has been forming a strong rising wedge which is normally bearish, but if it manages to break the resistance, a short-term upswing to $220 may be imminent

• The price trades above the Ichimoku cloud while the levels are about to undergo a bullish crossover. This substantiates the bullish claim.

• Besides, the CMF had been dropping since the start of August and a sharp rebound back above 0 indicates the money flow onto the platform.

• Considering all the technicals and the chart patterns, it appears that the Solana price is primed to mark the monthly highs at around $220, while reaching $250 could happen only when the resistance zone between $219 and $222 is broken and secured.

Wrapping it Up!

Based on current technical structure, market momentum, and ecosystem growth trends we discussed, Solana (SOL) could maintain its bullish trajectory through August 2025. If the price sustains above $200 and breaks the $220 supply zone with strong volume, the next upside target sits around $244–$250. In an extended rally, SOL may test $268. However, failure to hold above $200 could trigger a pullback toward the $180–$185 demand zone before attempting another breakout.