Solana’s Final Dip Before Soaring to $360: Analysts Predict Short-Term Correction

Analysts are forecasting a brief correction for solana (SOL) before it resumes its upward momentum, potentially reaching the $360 mark. Technical indicators and on-chain data suggest a possible pullback to the $180-$190 range, which could serve as a springboard for the next rally. Despite the anticipated dip, institutional interest in Solana remains robust, underpinned by its strong fundamentals that continue to attract both traders and long-term investors. As of August 2025, market observers remain optimistic about Solana's prospects, viewing the expected correction as a buying opportunity ahead of a significant price surge.

Analysts See Solana Price Final Dip Before Rally To $360 Level

Solana appears poised for a short-term correction before resuming its upward trajectory. Technical indicators and on-chain data point to a potential pullback to the $180-$190 range, setting the stage for a subsequent rally.

Market observers note institutional interest remains strong despite the anticipated dip. The cryptocurrency's underlying fundamentals continue to attract both traders and long-term investors.

USELESS Coin Surges 52% Post-Binance Listing Amid Memecoin Frenzy

USELESS coin, a Solana-based memecoin, defied its name with a 52% price surge following its listing on Binance. The token climbed from $0.19 to $0.33 within hours, according to Coingecko data, as traders capitalized on the momentum. Social metrics mirrored the rally—Messari reported a 42% increase in followers over 30 days, adding nearly 9,700 new community members.

Exchange adoption accelerated the hype cycle. Kraken quickly listed USELESS after Binance's move, while Coinbase added the token to its roadmap, exposing it to US investors. The memecoin's success highlights how relaxed crypto regulations and improved exchange access are fueling speculative assets. Binance.US will open trading for USELESS/USDT on August 14.

Orderbook activity revealed aggressive pre-listing bids, sparking insider trading concerns among market watchers. The token's rise exemplifies the paradoxical power of meme-driven assets in today's crypto markets—where perceived worthlessness can become valuable through community engagement and exchange liquidity.

Solana Staking ETF SSK Sees Record $13M Inflows Amid Whale Accumulation

Solana's institutional momentum surged as the REXShares SSK ETF posted $13 million in daily inflows and a record $66 million trading volume. The rally coincides with SOL's 33% rebound from a key Fibonacci support level—a historical springboard for bullish cycles.

On-chain metrics reveal synchronized whale accumulation, with the Exchange Whale Ratio signaling large holders positioning for upside. SOL-related inflows now comprise nearly 20% of crypto ETF activity, mirroring past patterns that preceded explosive price movements.

Technical charts show SOL breaking through critical resistance, with the $250 price target gaining credibility as institutional demand converges with retail FOMO. 'When whales and ETFs align, Solana doesn't walk—it sprints,' remarked a trader at a major exchange.

SOL Price Rally Fuels Passive Income Opportunities Through Cloud Mining

Solana's native token SOL has surged over 45% since early August, reigniting market interest in the blockchain platform. The rally has particularly benefited participants in SIX MINING's cloud mining service, which offers staking and profit-sharing mechanisms for passive income generation.

SIX MINING, a UK-based decentralized cloud mining firm established in 2018, leverages clean energy to reduce operational costs. The company's SOL cloud mining product has gained traction among retail and small-to-medium investors by lowering entry barriers through its automated earnings model.

Cloud mining eliminates hardware requirements by allowing users to rent computing power remotely. SIX MINING's infrastructure enables participants to earn daily yields on SOL holdings without equipment maintenance or direct energy expenditures, positioning users to capitalize on Solana's ongoing price appreciation.