Solana Price Prediction: Will SOL Rebound After Support?

Analysts Eye $295 and $2,500 Targets for Solana Price

Solana price hovered near $183 after testing the $180 support zone, showing signs of consolidation. According to BitGuru, the token formed a bullish double bottom around $160 that saw the altcoin surge past the $200 mark before sellers rejected the move.

Source: X

Crypto King also pointed out the daily chart with a strong bounce off the uptrend support, with higher lows confirmed. He established an objective of about $295.

On the other hand, LuxAlgo observed that the altcoin price is still in a breakout formation on the weekly chart, with either an upside or a downside move being possible.

Bitcoinsensus verified a Cup and Handle breakout pattern, which was developing after years of consolidation. The target of the structure is close to $2500.

Source: X

The weekly formation supported the idea that the altcoin could make new all-time highs in case the breakout continues.

SOL Price Performance and Market Position

At press time, SOL traded at $183.12, with a market cap of $96.17B. Trading volume declined 8.6% to $5.79B.

Over the week, the asset shed almost 6%, while the day-over-day slide amounted to 3%, signaling wider market weakness and mounting profit-taking pressure.

Although the asset’s price declined, SOL still accounted for 42% of the DEX aggregator market share by handling $1B in volume. Ethereum recorded $688 million.

Jupiter Exchange took the lead in the decentralized exchange arena, handling $6.04B in weekly volume even while operating exclusively on Solana.

DEX Aggregator Volume : Source : SolanaFloor

Arbitrum and Base lagged far behind, registering capital inflows of only $250 million and $100 million, underscoring altcoin's expanding institutional appeal.

Ecosystem Growth and Institutional Adoption

Messari’s data indicate that Solana’s DeFi TVL surged 124% from the previous year, reaching $8.6 billion and making it the second-largest ecosystem after Ethereum.

Real-world assets likewise widened, with Ondo Finance’s USDY drawing in $390M in inflows. Liquid staking TVL also surpassed $60 billion.

Jito Labs maintained its lead in liquid staking, holding $2.87 billion worth of assets locked, while Sanctum amassed $2.18 billion in assets within only months of its launch.

Yet quarter-over-quarter on-chain application revenue declined 44% to $576M, underscoring uneven growth across the ecosystem.

Bullish closed its $1.15 billion IPO, with stablecoins minted on Solana supplying the majority of the funding. The firm plans to migrate its core systems to Solana.

In addition, 1inch has integrated Solana, allowing users to execute cross-chain swaps across 12 EVM-compatible networks without the need for conventional bridging.

Meanwhile, French-listed real estate firm Acheter-Louer added 711 tokens to its SOL holdings, bringing its total to 14,905 SOL worth roughly $2.7M.

The acquisition was financed through a €2 million bond offering, underscoring increased corporate confidence in the top altcoin as a treasury asset.