Solana rose more than 18% in just one week, reaching 181 USD, generating new expectations but simultaneously facing profit-taking pressure as cash flows into exchanges increase significantly along with liquidation clusters in the 184–185 USD zone creating significant pressure.
The impressive growth of Solana in the cryptocurrency market quickly attracts traders and investors, however, cash flow fluctuations on exchanges along with mixed technical signals indicate that the risk of correction still lurks.
MAIN CONTENT
Solana increased 18% in a week, reaching 181 USD, but cash flows into exchanges warn of selling pressure.
The large liquidation cluster around the 184–185 USD zone is the key resistance that determines the next trend.
The RSI and Supertrend indicators show that there is still room for growth, but the downtrend has not clearly ended.
What is Solana?
Solana is a high-performance Blockchain platform focused on scaling and optimizing the trading experience in the cryptocurrency market.
Launched in 2020, Solana quickly became one of the largest Blockchains with the ability to process thousands of transactions per second with super low fees. This platform stands out for its fast validation speed, being chosen by many DApp, DeFi, NFT developers, and financial applications to expand their products.
Technological advancements such as Proof of History (PoH) help Solana enhance processing capabilities, create a diverse application ecosystem, and attract large capital sources in the global market.
What notable developments have occurred in Solana's price recently?
In the first week of August 2025, Solana impressively rose 18% in just a few days, leading many traders to have high expectations for the upcoming potential price.
On August 9, 2025, Solana (SOL) price reached 181 USD, increasing by 3.05% in 24 hours, marking three consecutive rising sessions. The strong uptrend helped this Coin surpass the psychological level of 180 USD, stirring interest among global investors.
In the context of the cryptocurrency market still facing much volatility, rapid price increases like Solana often attract both long-term investors and short-term profit-taking trades, creating fierce competition at technical resistance zones.
CoinMarketCap, Report on August 9, 2025
However, as the price approaches the important resistance level, the number of transactions and investor participation seems to decrease sharply, reflecting the cautious sentiment of the entire market.
Why does trading volume decrease when prices rise?
Data from CoinMarketCap shows that although Solana’s price surged strongly, the 24-hour trading volume decreased by more than 10% compared to the previous day.
The main reason may stem from many investors waiting for clear breakout signals or taking profits after the rise, causing temporary liquidity to decrease. In addition, concerns about the upcoming price trend and historical fluctuations also cause buying and selling orders to slow down somewhat.
This is a common phenomenon in strong recoveries, reflecting the divergence of opinions between buyers wanting a breakout and sellers taking the opportunity to lock in short-term profits.
What does the on-chain indicator convey about Solana?
The exchange inflow ratio skyrocketing is a prominent factor in recent days, indicating a clear signal of preparing to sell.
Specifically, CoinGlass recorded that on August 9, 2025, the total value of SOL transferred to exchanges reached 15.18 million USD - a high level in the context of a rising market. Periods of strong cash inflow into exchanges often coincide with increasing profit-taking pressure, as holders shift assets to prepare for selling, creating the risk of short-term corrections or sideways movements.
“If the amount of cryptocurrency flowing into the exchange continues to increase during the recovery phase, the market should be cautious as this could be a sign of preparing to sell off to take profits.”
CoinGlass report, August 9, 2025
With Solana, the appearance of liquidation clusters around the 184 USD zone further reinforces this signal - investors await confirmation of real upward momentum before 'pouring money' into new positions.
What are the resistance and support zones for Solana to pay attention to?
The liquidation cluster data indicates that the nearest support zone is currently at 174 USD and strong resistance appears around the price zone of 184–185 USD.
As of August 9, 2025, the total long leverage liquidated accumulated to 436.74 million USD, significantly higher than the 23.79 million USD on the short side. This imbalance confirms that the buyers (bulls) still dominate, but at the same time turns 184 USD into a critical survival zone determining the continuation or reversal of the trend.
“When large liquidation clusters accumulate around resistance levels, the market often witnesses strong trading, creating strategic turning points for both buyers and sellers.”
AMBCrypto, technical analysis on August 9, 2025
If the price of Solana can close the day above 185 USD, it will be a confirming signal for the prolonged upward phase with new targets being expanded.
Will the next upward strength be enough to break through resistance?
According to technical assessments from AMBCrypto, SOL's breakout of the descending resistance has 'activated' the current uptrend, and this context is further reinforced by the recovery momentum from the entire market.
However, the selling pressure around the 184–185 USD zone remains dense, especially when liquidation clusters are heavily concentrated here. This threshold is seen as a 'hinge' deciding for the next rise to 256 USD (equivalent to a profit of nearly 40%), or alternatively, it will pull Solana into a sideways phase or deep decline if not successfully surpassed.
Index/Area Significance Assessment of Solana Strong Resistance Price points facing significant selling pressure, difficult to surpass 184–185 USD Near Support The lower price area is bought up strongly, limiting the risk of deep declines 174 USD Furthest Growth Target The expected mark if it surpasses resistance 256 USD (potential: an additional 40% increase)
The growth momentum will depend on Solana's ability to maintain positive investor sentiment while absorbing all selling around the resistance zone.
What do the RSI and Supertrend indicators say about Solana's trend?
The RSI index at 57 indicates that this coin still has room for growth and has not fallen into the overbought zone - a positive sign for the potential for a short-term breakout.
However, the Supertrend indicator at the 190.33 USD mark still signals that the downtrend has not truly ended. This warns that sellers are still maintaining defensive pressure at high price levels, creating a tug-of-war between both sides in the short term.
“Although Solana's upward momentum continues to be maintained, technical indicators such as Supertrend and RSI still indicate the risk of a reversal if the large resistance zone is not successfully conquered.”
AMBCrypto Analysis, August 9, 2025
Combining the data, it can be forecasted that the period heavily influenced by investor sentiment before the crucial decision point regarding short and medium-term trends.
Comparing Solana with prominent Altcoins at the present time
Solana's rapid price increase stands out when placed alongside major Altcoins, but cash flow and market structure show notable differences.
Cryptocurrency Growth 7 days Trading Volume/Change Key Resistance Solana +18% Volume down 10% 184–185 USD Ethereum +6% Stable volume 3,450 USD BNB +4.5% Slightly increased volume 590 USD
Compared to Ethereum and BNB, Solana's strong upward momentum shows its heat, but short-term profit-taking pressure is greater, increasing the risk of a correction if the cash flow does not remain stable like its two main rivals.
What factors could shape Solana's trend in the upcoming period?
The ability to surpass the 185 USD resistance zone is the most important factor in establishing a strong price uptrend, opening expectations for the target of 256 USD.
Additionally, macro fluctuations such as the Fed's interest rate policies, capital inflows into cryptocurrency ETF funds, and the overall market recovery trend will directly impact the sentiment and actions of Solana investors.
“The index of capital inflow into exchanges is always an early indicator, helping investors predict the possibility of trend reversal or continuation, especially with strong rising coins like Solana.”
CoinMarketCap report, August 2025
If the market maintains confidence and cash flow continues to circulate, the opportunity for a breakthrough remains fairly open. However, any significant 'profit-taking' near the 185 USD zone will lead to the possibility of Solana having to accumulate or correct in the short term before establishing a new price.
What scenario for Solana if it fails to break through the 185 USD zone?
If Solana fails to close the daily candle above 185 USD, it is likely that the price will fluctuate around old accumulation zones or correct deeper to the support level of 174 USD.
This scenario has occurred in previous upward waves of Solana, when bullish momentum weakened and selling pressure dominated, forcing prices to move sideways or even correct strongly. Buyers will need additional confirmation signals such as a significant increase in trading volume, or support from major ecosystem events before being able to continue the uptrend.
This emphasizes the importance of the 185 USD price zone - the decisive boundary between a breakout growth scenario and the risk of temporary retracement.
What opportunities and risks does the future Solana market face?
Looking further, Solana remains a bright name in the Blockchain field thanks to its vast ecosystem, high processing speed, and strong development community.
However, cash flow fluctuations on exchanges, the ability to withstand large selling pressure at technical resistance levels, and changes in overall industry sentiment will be the real test for growth expectations. Investors need to assess both fundamental indicators such as the number of developed DApps, the amount of integrated NFT and DeFi projects, as well as major strategic partnership contracts of Solana.
“Solana's long-term growth potential heavily relies on maintaining the pace of technological improvements, expanding the DApp ecosystem, and sustaining investor confidence through significant short-term fluctuations.”
Messari report, August 2025
The market will continuously present attractive investment opportunities, but this is also the time to adhere to risk management principles, only investing in areas that confirm a clear trend.
Summary: What is the smart trading strategy with Solana currently?
With the above analysis, the trading strategy should prioritize waiting for confirmation of a closing price above the 185 USD zone before increasing the buy position, while controlling risk defensively at the 174 USD zone.
Short-term investors can take advantage of the recent strong rise to take partial profits, avoiding 'buying the top' before the key resistance zone. In the context of on-chain data not being truly clear, patience and strict capital management will be prerequisites to protect the results as well as seize new profit opportunities for SOL in the volatile cryptocurrency market.
Frequently asked questions about Solana at present
Is Solana the fastest Blockchain platform currently?
Solana is rated as one of the fastest Blockchains with the ability to process thousands of transactions per second and extremely low fees, but the speed also depends on each stage of technological updates.
Is the decrease in trading volume when prices rise concerning?
Decreasing volume indicates profit-taking or increased caution, signaling that the market may correct or go sideways before establishing a new trend.
Which Solana price level should be most cautious right now?
The 184–185 USD zone is a strong resistance; if not surpassed, it can easily lead to deep corrections or prolonged accumulation.
At what RSI level indicates room for growth?
Solana's RSI is currently at 57, not in the overbought zone, still has short-term growth potential.
Is there a high possibility for Solana to reach 256 USD in the short term?
This possibility depends on whether SOL can exceed the 185 USD mark; if successful, this target will be technically feasible.
What does the data on cash inflow into exchanges signify?
The significant increase in SOL flowing into exchanges is often a warning of profit-taking selling pressure; investors should pay attention to this signal to adjust their strategies.
What is the safe investment strategy with Solana at this time?
Should wait for confirmation above 185 USD before opening a new buy position, pay attention to the 174 USD area for Stop-loss and only invest a reasonable proportion.
Source: https://tintucbitcoin.com/sol-co-the-tang-40-tu-ho-tro/
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