In July 2025, Solana shows an upward price trend driven by significant investor interest, impacting market forecasts and expectations.
Current Price Situation for Solana
As of July 26, 2025, Solana's price fluctuated around $187, trading in a range of $176 to $190. Over the past week, SOL has increased nearly 8% from mid-April lows near $100, nearing $200. Trading volumes rose as buyers entered the market, contributing to the token's stronger performance compared to other altcoins.
Technical Analysis and Forecasts
Technically, SOL has formed an ascending triangle that has broken above the $185–190 range. This pattern projects a potential rise to levels of $260–350. Moreover, a cup-and-handle pattern is forming on daily charts. A successful breakout of the handle could send SOL above $200. Support is now positioned between $165 and $174, with a drop below that zone risking deeper pullbacks.
Institutional Investments and Market Impact
Upexi Inc. has boosted its treasury to 1.8 million SOL, valued at $330 million. Analysts suggest that such large holdings could drive SOL towards $400–500 this cycle. Institutional traders have also rotated capital from Bitcoin and Ethereum into higher-beta assets like SOL and Dogecoin. However, Bitcoin's recent dip below $115,000 dragged SOL down by 5% alongside other altcoins.
In summary, Solana displays technical strength and growing institutional interest. If it maintains above $185, the path to $260 may become clear. Conversely, a break below $165 could signal deeper corrections.
