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Solana is currently trading between 187 and 190 dollars, with a market capitalization above 100 billion dollars and daily trading volume approaching 8 billion dollars. Price action is tightening, and the market is positioned for a decisive move.
If the 185 dollar support level holds, Solana could break through the 200 dollar barrier and advance toward 220–225 dollars, with the potential to test the 300 dollar mark if momentum accelerates.
If 185 dollars fails to hold, the price could retreat to the 175–180 dollar zone. This would likely become an attractive entry point before the next strong upward phase.
Trading activity is increasing, institutional wallets appear to be accumulating, and the technical structure is pointing toward a breakout scenario.
Key levels to monitor:
Support: 185 dollars
Resistance: 200–202 dollars
In the hours ahead, the market may deliver either a brief shakeout before the next surge or an aggressive rally that catches late entrants off guard. For traders watching Solana closely, this period could set the tone for the remainder of August.
