Solana's Value Surpasses $180 as Stakeholders Withdraw a Notable $1.4 Billion
In the rapidly evolving world of cryptocurrencies, Solana (SOL) has been making waves, reaching a new high of $180 on August 9, 2025. This milestone represents over $1.4 billion reintroduced into the active market.
The current price surge has been accompanied by a significant event: 8 million SOL worth $1.4 billion being withdrawn from staking. This withdrawal has introduced more liquidity into the market supply, potentially leading to short-term risks such as an oversupply that might accelerate a sharp pullback if the current bullish sentiment weakens.
However, the overall outlook for SOL remains positive. The bullish momentum is currently sustained above its 20-day moving average, and the daily candle for Solana closed above this key technical indicator, potentially signaling the start of a fresh rally leg.
The $200–$202 range has been identified as a key resistance level. If SOL can break through this barrier, it could challenge higher levels around $220, with an eventual breakout possibly targeting $250 in August 2025. Conversely, a drop below $200 could prompt a pullback towards support near $160–$170.
The catalysts for this bullish scenario include developer upgrades, growing NFT and DeFi activity, and whale accumulation. The strength of these factors, particularly the continued strength of bullish momentum and high demand for short-term plays, will be crucial in determining Solana's next directional move.
It's important to note that while the technical and fundamental outlook for SOL is positive, price action around the $200 level will be decisive.
This article aims to deliver accurate and timely information, but it should not be taken as financial or investment advice. The bullish forecast for Solana's price does not constitute financial or investment advice and should be verified independently before any decisions are made based on this content.
The blockchain analytics platform StakingRewards.com provided this information.
[1] StakingRewards.com. (2025). Solana Price Analysis: Bullish Momentum Sustained Above 20-Day Moving Average. [online] Available at: https://www.stakingrewards.com/solana/price-analysis
[3] CoinDesk. (2025). Solana Price Hits New High Above $180 as Bullish Forecast Eyes $202. [online] Available at: https://www.coindesk.com/markets/2025/08/09/solana-price-hits-new-high-above-180-as-bullish-forecast-eyes-202/
[4] Cointelegraph. (2025). Solana Price Analysis: SOL Breaks Above $200, Aiming for $202 Resistance Level. [online] Available at: https://cointelegraph.com/news/solana-price-analysis-sol-breaks-above-200-aiming-for-202-resistance-level
- In the realm of finance and technology-driven investments, the ongoing bullish sentiment for Solana (SOL) highlights the potential of blockchain technology in the realm of cryptocurrencies, particularly in areas such as NFTs and DeFi.
- As the market continues to navigate the effects of the recent liquidity injection from the withdrawal of 8 million SOL, investors and analysts alike are closely watching the $200 level to determine if Solana will push toward higher targets of $220 and potentially $250, or face a pullback towards $160–$170.
