Solana (SOL) has once again become the focal point in the crypto market as it closed July 2025 with strong growth, raising hopes for a period of sustainable price increase in the upcoming August.
Recent outstanding performance of SOL
As of the time of writing, Solana is trading around $179.7, recording an 11% increase over the past seven days – an impressive figure in the context of most other altcoins still 'treading water'. With a market capitalization of $96.7 billion and 24-hour trading volume exceeding $10 billion, SOL continues to assert its position as one of the highest-performing Layer 1 assets this year.
Although the daily increase is only around 1.8%, Solana's technical structure is proving superior to many other coins. Analysts are closely watching the resistance threshold of $180–185 – if this level is surpassed, SOL could potentially establish a new peak in August.
Solana price forecast for August
Based on technical signals, on-chain data, and macroeconomic context, analysts provide price forecast scenarios for Solana in August 2025 as follows:
Bullish scenario: $210 – $220
Neutral scenario: $190 – $200
Bearish scenario: $160 – $170
A sustainable price increase could help SOL challenge the $220 threshold, especially as market confidence continues to recover. Conversely, if Bitcoin adjusts or global economic instability factors arise, SOL could retreat to the support area of $160 – a zone that has repeatedly upheld the medium-term trend.
What is driving Solana's growth?
Not only price volatility, but optimism about Solana also comes from strong development in the DeFi, NFT, and Web3 gaming ecosystem. Notable factors include:
High transaction throughput and low costs make Solana ideal for applications that require fast transaction processing.
The expansion of the ecosystem through prominent projects such as Marinade Finance, Tensor, along with a series of new applications in the fields of staking, metaverse, and gaming.
The participation of institutional investors, who see Solana as a potential counterpart to Ethereum, especially in high-frequency trading applications and digitized assets.
Growth in TVL (total value locked) on Solana-based DeFi platforms – an indicator that capital is returning to this network.
Risks to note
However, Solana is not without risks. Some concerning factors include:
Monetary policy from the Federal Reserve or legal decisions from Europe could undermine market sentiment.
Intense competition from Layer-2 platforms on Ethereum (such as Arbitrum, Optimism) and other blockchains like Avalanche, Sui, which are also accelerating ecosystem expansion.
The risk of technical adjustment if the price does not surpass the $185 mark. In this case, the $160–165 area will serve as an important support layer.
Solana is entering the final month of Q3 2025 with many positive signals. With a strong technological foundation, an increasingly rich ecosystem, and growing interest from institutions, the possibility of SOL breaking through the $200 mark and maintaining upward momentum in the near future is entirely plausible.
However, like all other digital assets, volatility is inevitable. Investors need to closely monitor important technical thresholds and prepare for possible contrasting scenarios.
Solana is not just a token – it is a platform that is reshaping the future of Web3. Keep a close watch, as developments in August could mark a new chapter in SOL's long-term growth journey.