
{"id":86300,"date":"2025-08-06T11:00:55","date_gmt":"2025-08-06T11:00:55","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=86300"},"modified":"2025-08-06T11:00:55","modified_gmt":"2025-08-06T11:00:55","slug":"255-solana-supply-shock-fuels-bullish-forecast","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=86300","title":{"rendered":"$255 Solana? Supply Shock Fuels Bullish Forecast"},"content":{"rendered":"<p>Solana opened August trading in a tight range just above $165. The coin has hovered near that level after a sharp run-up. Based on reports, big holders rotating profits and deeper DeFi ties are reshaping the outlook for SOL.<\/p>\n<h2>Solana Holds Critical Support Zone<\/h2>\n<p>According to on-chain data, <a href=\"https:\/\/www.coingecko.com\/en\/coins\/solana\">SOL<\/a> has formed what looks like a Golden Cross on its daily chart, where the 50-day moving average crossed above the 200-day line.<\/p>\n<p>A pullback to around $160 has lined up with both the 200 EMA and a key trendline. Analysis shows that the $161\u2013$166 area has become a firm floor.<\/p>\n\n<p>If buyers defend that pocket, SOL could climb toward the first barrier near $189 and then test $206. Analyst Mary Emerald has penciled in a <a href=\"https:\/\/coinmarketcap.com\/community\/post\/366495891\/\" target=\"_blank\" rel=\"noopener\">move up to $256<\/a>, a gain of about 60% from today\u2019s prices.<\/p>\n<p>On its own, SOL has already jumped more than 50% from earlier lows this year. Prices still face pressure, though. The MACD histogram is negative and hasn\u2019t shown a clear turn upward.<\/p>\n<p>That hints that bears have some edge until momentum shifts. Keeping an eye on trading volume around $189 will be key. A strong break and close above that level could open the door to higher targets.<\/p>\n<h2>New Mobile Phone Starts Shipping In 50 Countries<\/h2>\n<p>Meanwhile, with the long-awaited <a href=\"https:\/\/solanamobile.com\/seeker\" target=\"_blank\" rel=\"noopener\">Seeker phone<\/a> now available in over 50 countries, traders are growing more optimistic about Solana\u2019s price as they eye a possible breakout.<\/p>\n<p>The handset combines Web3 functionality with a familiar smartphone experience, using hardware-level security to keep private keys and seed phrases completely separate from the app layer.<\/p>\n<p>This development makes Solana a more appealing platform for developers, fuels a vibrant ecosystem and expands SOL\u2019s role as a utility token.<\/p>\n<p>Seekers officially start shipping today! Thank you for your support and belief in Solana Mobile since day one.<\/p>\n<p>We\u2019re sending tens of thousands of devices to 50+ countries around the world, so sit tight as your order makes its way through over the coming weeks. <a href=\"https:\/\/t.co\/dQtkWi26JB\">pic.twitter.com\/dQtkWi26JB<\/a><\/p>\n<p>\u2014 Seeker | Solana Mobile (@solanamobile) <a href=\"https:\/\/twitter.com\/solanamobile\/status\/1952362792377290760?ref_src=twsrc%5Etfw\">August 4, 2025<\/a><\/p>\n<p>Forecasts Suggest Modest Gains Ahead<\/p>\n<p>Based on the latest Solana <a href=\"https:\/\/coincodex.com\/crypto\/solana\/price-prediction\/\" target=\"_blank\" rel=\"noopener\">price prediction<\/a>, SOL is set to rise by 5.28% and reach $173 by September 5, 2025. Over the past 30 days, SOL has recorded 16\/30 green days with 7.66% volatility. Current sentiment reads as neutral and the Fear &amp; Greed Index sits at 50.<\/p>\n<p>Looking at these metrics, a move toward $173 by early September seems likely if SOL can hold above $166. Failing that, a drop to $58 could prompt a deeper test of support.<\/p>\n<p>If buyers can lock in gains around $165 and power SOL above $189 on solid volume, the path to $206\u2014and maybe even $256\u2014comes into view.<\/p>\n<p>Until that happens, though, traders may want to wait for clearer signs that momentum has flipped.<\/p>\n<p><em>Featured image from Nansen Research, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Solana opened August trading in a tight range just above $165. The coin has hovered near that level after a sharp run-up. Based on reports, big holders rotating profits and deeper DeFi ties are reshaping the outlook for SOL. Solana Holds Critical Support Zone According to on-chain data, SOL has formed what looks like a [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":86301,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-86300","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/86300"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=86300"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/86300\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/86301"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=86300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=86300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=86300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}