SOL Price Prediction: Can Bulls Drive SOL to $200?

#SOL

• Technical Breakout: SOL trading above key moving averages and Bollinger upper band
• Institutional Adoption: $300M treasury allocations signal long-term confidence
• Ecosystem Growth: Strategic acquisitions expanding Solana's DeFi infrastructure

SOL Price Prediction

SOL Technical Analysis: Bullish Signals Emerge

SOL is currently trading at $167.40, above its 20-day moving average of $149.68, indicating a bullish trend. The MACD histogram shows negative values (-8.8084, -4.1835, -4.6249), suggesting weakening bearish momentum. Bollinger Bands reveal price NEAR the upper band at $165.40, signaling potential overbought conditions but confirming upward pressure.

Market Sentiment: Institutional Interest Fuels SOL Optimism

Recent headlines highlight growing institutional adoption, with Aurora Mobile and BIT Mining allocating $300M to SOL treasury strategies. Whale activity and key resistance breaks at $164 support bullish targets. Pump.fun's acquisition of Solana-based Kolscan underscores ecosystem growth ahead of ICO season.

Factors Influencing SOL’s Price

Aurora Mobile Considers Solana for Crypto Treasury Strategy

Aurora Mobile Limited (NASDAQ: JG) is evaluating Solana (SOL) as a cornerstone of its cryptocurrency treasury strategy, following board approval in June 2025. The company emphasizes Solana's utility beyond speculation, citing its rapid transaction speeds and low fees as critical advantages for its app developer and exchange client base.

Institutional adoption of Solana is a key driver behind the decision. Aurora Mobile views the layer-1 blockchain as both an inflationary hedge and a treasury diversification tool. "This strategy reflects our long-term conviction in Solana's infrastructure," said Weidong Luo, CEO. "Its technical merits align with our mission to bridge mobile ecosystems and blockchain innovation."

The China-based customer engagement firm, founded in 2011, specializes in cloud messaging and data-driven marketing tools. Its potential SOL allocation signals growing corporate interest in blockchain solutions with tangible operational benefits.

Solana Price Prediction: Will SOL Hit $185 Next?

Solana (SOL) is showing renewed bullish momentum, rising 3.5% in the past 24 hours to $163.76. The token has gained 11.74% since July began, outpacing many altcoins with a 7.4% weekly climb.

2025 has been a rollercoaster for SOL—January's 22.3% gains were erased by Q1's 34.1% plunge, but April and May rebounded with 18.6% and 6.11% growth respectively. July's rally from $146.90 suggests accumulating strength.

Technical analysts note a potential Wave 4 pullback to $152-$158, but maintaining $150 support could fuel a Wave 5 surge toward $175-$185. 'The Fibonacci extensions align with historical resistance levels,' observes one chartist, suggesting this isn't just a dead-cat bounce.

BIT Mining Expands into Solana with $300M SOL Treasury

BIT Mining Limited, a leading cryptocurrency mining firm, has unveiled a strategic pivot into the Solana ecosystem. The company plans to establish a SOL treasury valued at up to $300 million, funded through phased capital raises of $200 million to $300 million. Existing crypto holdings will also be converted into SOL as part of a long-term accumulation strategy.

The move aims to capitalize on Solana's high-performance blockchain and thriving developer community. BIT Mining will further bolster the network by operating validator nodes, securing staking rewards while contributing to decentralization. CEO Xianfeng Yang framed the initiative as a bet on one of blockchain's most dynamic sectors, aligning with the company's broader vision for sustainable shareholder value.

Pump.fun Boosts Security and Transparency with Strategic Acquisition

Pump.fun, a Solana-based meme token platform, has acquired Kolscan, a wallet tracking specialist, ahead of its $600 million public token sale. The move aims to enhance security and transparency for users, leveraging Kolscan's data-driven analytics to monitor wallet activity and mitigate risks.

The acquisition signals Pump.fun's commitment to robust infrastructure as it prepares for the high-profile token sale. Kolscan's technology will provide real-time tracking of smart contracts and transaction histories, addressing investor concerns about platform security.

Market observers are closely watching how these developments will impact the upcoming sale, which has already generated significant interest in crypto circles. The integration of advanced wallet tracking could set a new standard for transparency in meme token launches.

Solana (SOL) Breaks Key Resistance as Bulls Target $164 Amid Whale Activity

Solana's SOL surged 3% to $158 after breaking out from a symmetrical triangle pattern, with technical analysts projecting a near-term target of $164. The bullish momentum follows a $12.65 million leveraged position opened by a whale trader at $153.79, signaling strong institutional conviction.

Market structure appears favorable as SOL simultaneously clears a cup-and-handle formation, suggesting potential upside toward $184.82. Derivatives markets reflect this optimism with 61.72% of perpetual traders holding long positions, though subdued trading volume warrants caution about sustainability.

Technical analyst Ali Martinez notes the breakout coincides with the pattern's apex, typically a high-probability reversal point. The $164 target derives from the 1.272 Fibonacci extension level, a derivative of the Golden Ratio often used to project continuation moves.

Pump.fun Acquires Solana-Based Kolscan Ahead of ICO

Pump.fun, the platform synonymous with Solana's memecoin frenzy, has expanded its reach with the acquisition of Kolscan—a specialized wallet tracker monitoring top traders on the Solana blockchain. The move comes days before Pump.fun's $4 billion ICO, signaling ambitions to dominate social trading infrastructure.

Kolscan distinguishes itself by offering real-time P&L tracking, wallet activity analytics, and a leaderboard ranking traders—a toolkit prized by copy-trading enthusiasts. "Trading is a social sport," remarked Pump.fun co-founder Alon Cohen, framing the acquisition as a strategic play to capitalize on community-driven market behavior.

The integration positions Pump.fun to leverage Solana's thriving retail ecosystem, where tracking influencer wallets has become a cornerstone strategy. Observers note the timing aligns with growing demand for on-chain social trading tools, particularly among memecoin traders.

Will SOL Price Hit 200?

Technical and fundamental factors align for potential upside:

With whale activity and treasury allocations, $185 appears achievable near-term. $200 would require 19.5% additional upside - plausible if Bitcoin stability persists and Solana's TVL grows.

BTCC's Ava notes: 'The $167 breakout opens path to $185. While $200 is ambitious Q3 target, sustained institutional inflows could fuel this rally.'