TLDR:
- Solana price jumped 14% in 24 hours, pushing its price above the $200 resistance for the first time in months.
- Trading volume hit $12.6B as Solana’s rally extended a 23% gain in just seven days.
- Analysts suggest a push toward $210 to $250 if Solana holds above $200.
- The recent rally follows a 15% rebound from $172 after a healthy consolidation phase.
Solana has blasted past the $200 mark after a rapid climb. The move comes after a healthy pullback phase that set the stage for fresh bullish momentum.
Trading activity has surged, showing strong market participation during this latest breakout. Analysts are now pointing to $210 and beyond as possible short-term targets. Market sentiment appears firmly on the side of the bulls as the uptrend accelerates.
Solana Price Push Fueled by Breakout Momentum
According to CoinGecko data, Solana is trading at $201.72 after a 14.22% rise in the past 24 hours. The rally adds to a 23.45% gain over the past week, driven by renewed buying pressure.
Earlier this week, the price climbed from $172 to $197, marking a 15% surge before briefly consolidating.
BitGuru reported that the rally began after a well-timed pullback provided the base for another leg up. The rebound from $169 support showed that buyers were ready to defend key levels.
$SOL Breaking Out After Pullback$SOL rallied nearly 15% from $172 to $197 after a healthy pullback phase.
Price is approaching key resistance, and a breakout above $200 could trigger the next big move. https://t.co/j8wIB6Nl81 pic.twitter.com/wjoJg2fxtE
— BitGuru 🔶 (@bitgu_ru) August 13, 2025
A push through $200 signals that the market has cleared a crucial resistance point.
Chart analysis from multiple traders suggests $210 as the first hurdle after the $200 breakout. Karman Asghar noted that SOL had already smashed through multiple breakout waves of 7%, 14%, and another 14% within hours.
If momentum continues, he projected a move toward $250, representing another 28% climb.
Other market watchers, like Kiran Gadakh, pointed out the overall bullish state of the Solana ecosystem. They suggested that breaking $250 could open the door to a long-term climb toward $350.
However, traders will be watching for sustained closes above $200 before committing to higher targets.
$SOL and its entire ecosystem
Extremely bullish as always
$250 next, then $350
Those who trust the process will win big pic.twitter.com/b7GGdD8DiI
— Kiran Gadakh ( crypto.kiran ) (@kirangadakh16) August 13, 2025
Healthy SOL Price Pullback Sets the Stage
The latest surge follows a clean pullback phase, which often indicates a sustainable rally rather than a short-term spike.
This retracement allowed for consolidation, building the base for the next upward push. Accumulation zones on the chart suggest that buyers were actively positioning during the pullback.
The $169 support level played a crucial role in maintaining the bullish structure. Once price action confirmed the rebound, momentum quickly returned, driving the breakout past $197 and finally $200. This sequence aligns with common breakout-trading setups in the crypto market.
If Solana can hold above the $200 level, traders expect the bullish momentum to persist toward $210 and $220. A rapid continuation could set up a test of $250, as suggested by multiple analysts.
On the other hand, a drop back below $200 could see the market consolidate again before attempting another breakout.
