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Solana Outshines Ethereum: Can the Price Really Hit $185?

Solana Outshines Ethereum: Can the Price Really Hit $185?

Published:
2025-07-11 14:04:02
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Solana (SOL) is making waves in the crypto space, not just with its modest 1.1% price gain but with on-chain metrics hinting at a stronger comeback. The blockchain has already outpaced ethereum in Q2 2025 revenue, raking in over $270 million. With institutional interest growing and technical indicators flashing bullish signals, analysts are eyeing $185 as the next target. But can SOL break through the $165 resistance? Let’s dive into the details.

Why Is Solana Gaining Traction?

Solana isn’t just another altcoin—it’s a powerhouse. While its price is up slightly, the real story lies in its ecosystem growth. DeFi apps, NFTs, and corporate solutions are flocking to Solana, thanks to its low fees and blazing-fast transactions. According to CoinGecko, SOL is up 1.1% in the last 24 hours, but the bigger picture reveals a network regaining momentum.

Top Trader Long/Short Ratio (Positions)

Solana Dominates Blockchain Revenue in Q2 2025

Blockworks data shows Solana leading the pack with $270 million in Q2 revenue, leaving Ethereum ($130 million), Tron ($165.26 million), and Bitcoin ($50.48 million) in the dust. This isn’t just a fluke—it’s a testament to Solana’s expanding ecosystem. From DeFi to NFTs, the network is becoming a one-stop shop for blockchain solutions.

Institutional Confidence: Whales Are Going Long

Binance reports that 68% of SOL futures positions are long—the highest since June 12. When whales bet big, the market usually follows. This institutional confidence could be the catalyst for SOL’s next major price move.

Technical Analysis: Can SOL Break $165?

SOL’s bullish trend since June 23 got a boost when the 9-day EMA crossed above the 21-day EMA—a classic buy signal. The last time this happened, SOL surged 50% to $185. Now, the key resistance is $165. If buyers break through, $185 is the next target. The RSI supports this outlook, sitting comfortably above 50 but not yet overbought.

Solana (SOL) Price Chart on TradingView

What’s the Downside Risk?

If SOL fails to hold above $151, the bullish scenario weakens. But with institutional backing and strong on-chain metrics, the odds seem favorable for now.

SUBBD Token: The Dark Horse in Solana’s Ecosystem?

While SOL steals the spotlight, SUBBD Token (SUBBD) is quietly gaining traction. This AI-powered subscription platform already boasts 2,000 creators and 250 million potential users. With staking rewards of 20% APY during its presale, SUBBD might just be the next big thing on Solana.

SUBBD Token Platform Overview

FAQs

Why is Solana outperforming Ethereum?

Solana’s lower fees, faster transactions, and growing ecosystem (DeFi, NFTs, etc.) make it attractive to developers and users alike. Its Q2 2025 revenue of $270 million also dwarfs Ethereum’s $130 million.

What’s the next price target for SOL?

If SOL breaks $165, analysts eye $185 as the next resistance level. The last time technical indicators aligned like this, SOL surged 50%.

Is SUBBD Token a good investment?

SUBBD offers 20% APY during its presale and targets a massive creator economy. However, always DYOR—this article does not constitute investment advice.

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