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Solana rose 17% in a week, and was withdrawn from boredom in five days, surpassing $180 for the first time to Sol worth $2025.8 million, bringing its short-term market supply up. .
Solana Price finally surpassed $180 on Saturday, August 9, 2025.
The 17% rallies over the past week coincided with the withdrawal of SOL staking for 8 million people, suggesting investors are moving towards short-term speculative trading amid growing market optimism. Staking deposits fell from SOL 484 million on August 4 to SOL 399.93 million at press, according to the Blockchain Analytics platform StakingRewards.com.
Solanas Staking Deposit as of August 9, 2025 | stakerewards.com
The current price is $180, and the withdrawn Sol represents more than $1.4 billion reintroduced into active market supply. This liquidity improvement is likely to help Sol exceed $180, but it also poses potential short-term risks. This leads to an oversupply that can accelerate a sudden pullback when current bullish emotions weaken.
Solana Price Forecast: Can the Bulls push towards $202?
Over the past three days, Solana Price rose 14%, adding another 2% on August 9th, touching the highest level of $182 in August 2025.
Technical indicators indicate that daily candles close above the 20-day moving average. If bullish momentum for short-term play backed by $1.4 billion staking outrals is retained and appetites are growing, Sol Price could target the next major overhead resistance with the upper bollinger band marked at $202.
Solana Price Forecast | TradingView
To test this bullish prediction, SOL must post multiple consecutive daily closures above 20 days of MA.
On the downside, when market sentiment weakens, recent oversupply surplus can cause rapid selling. In such a scenario, Sol could quickly retreat towards a support level of around $165-170 before attempting another breakout.
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Disclaimer: Coinspeaker is committed to providing fair and transparent reporting. This article is intended to provide accurate and timely information, but should not be considered financial or investment advice. Market conditions can change quickly, so we recommend that you review your information yourself and consult with an expert before making a decision based on this content.
Ibrahim Ajibade is a veteran research analyst with a background in supporting a variety of Web3 startups and financial organizations. He holds a bachelor’s degree in economics and currently holds a master’s degree in blockchain and distributes ledger technology at the University of Malta.
Ibrahim Ajibade on LinkedIn
