Today's short-term forecast for Solana (SOL) – updated on August 5, 2025:
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Market state – what you need to know
The current price of SOL is about $167.5, with a ~3% increase compared to the previous day. Intraday range: $161.6–$169.7.
Solana is experiencing increasing enthusiasm from traders — positive funding rates indicate a shift in sentiment from bearish to bullish.
Capitalization and adoption are growing: Artelo Biosciences — the first pharmaceutical company — has adopted SOL for its corporate treasury reserve ($9.5 million).
The first mobile phone "Seeker" based on Solana has started shipping, available in over 50 countries – this could enhance the network's utility and demand for SOL.
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Short-term technical analysis
An inverse head and shoulders pattern has emerged on the daily chart – often indicating a trend reversal and potential breakout — especially if confirmed by increasing volume.
The price trend supports increased interest, although the last week saw a value drop of ~15% after a broad rally in July → the current correction may be a formative "clearing" before further upward movement.
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Forecasts for SOL – today and in the coming days
Traders Union forecasts:
~−3.5% in the next 24 hours → about $161.8
~−8% over the week → $154.2
~+13.9% over the month → $191.0.
According to Coindoo/Perplexity AI, July-August is a consolidation range: $160–$175, with possible short-term declines towards $140 as an opportunity for long-term investors.
CoinCodex expects a rise to $172.4 by early September (~+5%) if the momentum holds.
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Key scenarios for today
Scenario Probability Expected price
Consolidation/slight decline moderate ~$162
Bearish scenario possible **~$154–$160**
Bullish breakout possible test $175–$180
A bold breakout above the level of ~$175 could open the way for a short-term rally towards $200+.
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Broader context and fundamental factors
According to CCN, SOL could reach even ~$247 in August if the current inverse "head and shoulders" pattern is confirmed along with positive momentum on the Chaikin Money Flow (CMF). Moreover, the long-term target within reach of Gemini analysts is even $1,120 — based on the upcoming "Firedancer" upgrade, which aims to increase the throughput and stability of the SOL network. In contrast, more cautious forecasts, like Kraken's, project prices in 2026 at around $175–$214 (5–10 year range) with a steady annual growth of about 5%.
Today, SOL is in a consolidation zone — slight declines towards $162 are possible, but the breakout scenario remains realistic, especially with support from positive fundamental and technical data. Key levels are ~$175–$180 as resistance and ~$154–$160 as a potential correction area.
Algorithmic models indicate a broader range of $160–$175 with possible visits to $140 during a temporary weakening of the trend — but also the potential for a short-term rebound above $200 if momentum strengthens.
