Here is an updated analysis of Solana (SOL) as of July 12, 2025:

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📈 Current Price and Recent Performance

SOL is currently trading around $163.07, fluctuating between $160–168 during the session.

In the past 24 hours, it has increased by ~+6%, supported by rising trading volume and news of institutional allocation such as DeFi Dev and other associations as part of their financial reserves.

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🔍 Technical Analysis

Investing.com: Daily signals are strong – "Strong Buy" daily and weekly, but caution appears at the monthly frame "Neutral".

Bitget: Daily technicals tend to "Buy" with momentum indicators outperforming negatives.

TipRanks: The outlooks on averages are mixed: a daily average suggests buying, while the long-term average (200 days) reflects a selling trend.

MarketScreener: The short-term trend is "bullish", but the average is neutral and the long-term trend is slow.

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📊 Pattern – "Cup and Handle"

Analysts at CCN indicate a breakout of the "cup and handle" pattern, which could drive the price towards new resistance levels at $218–247.

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🎯 Short and Long-Term Price Predictions

CoinStats expects the price of SOL during July to range between $145–195 (averaging around $170), with chances of reaching $200+.

CoinCodex predicts a monthly closing average at $168, with a possibility of exceeding $200 by December, yielding a return of up to +23% annually.

Bitget Academy sees strong potential for breaking the $200 barrier and reaching $228–285, if ETF approval precedes and there is strong technical support.

Bitget analyst via Economic Times sets an optimistic target of $300 by the end of 2025, based on increasing institutional interest.

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⚠️ Risks and Challenges

The Solana network has recorded previous outages affecting confidence, despite recent improvements in stability.

Of course, increased market volatility and regulatory condition reversals could cause the price to retreat to the $145–150 range if momentum weakens.

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✅ Based on all of the above:

Point: Valuation

Overall trend: Bullish and moderately positive (especially in July).

Resistance points: at $170, and $200–220, then $247–300.

Potential support points: $145–150 during momentum decline.

Technical Tips: A breakout and confirmation above $170–200 gives a strong signal for continued trend towards $250+.

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💡 Summary and Potential Strategy

If you are targeting a monthly average, buying in the range of $160–165 remains supported by institutional movements and the Cup & Handle pattern, with risk management checks at support levels. However, if technical breakouts align at thresholds of $200 and $218–220, one might consider increasing.

  1. $SOL