Solana accelerated at the end of July - Will August be the "harvest season"?

Solana (SOL) has once again become the focal point in the crypto market as it closed July 2025 with strong growth, raising hopes for a sustainable bullish phase in the upcoming August.

Recent Outstanding Performance of SOL

As of the time of writing, Solana is trading around 179.7 USD, recording an 11% increase over the past seven days – an impressive figure amid the fact that most other altcoins are still "treading water". With a market capitalization of 96.7 billion USD and 24-hour trading volume exceeding 10 billion USD, SOL continues to assert its position as one of the highest-performing layer 1 assets this year.

Although the daily increase is only about 1.8%, the technical structure of Solana is proving to be superior to many other currencies. Analysts are closely watching the resistance level of 180–185 USD – if this level is surpassed, SOL could very well establish a new peak in August.

SOL Price Chart | Source: TradingView## Solana Price Forecast for August

Based on technical signals, on-chain data, and macro context, analysts provide the following price forecast scenarios for Solana in August 2025:

A sustainable bullish trend could definitely help SOL challenge the 220 USD level, especially as market confidence continues to recover. Conversely, if Bitcoin corrects or global economic instability factors arise, SOL may retreat to the support area of 160 USD – a zone that has previously held the medium-term trend.

What is driving Solana's growth?

Not only is there price volatility, but the optimism surrounding Solana also comes from the strong development within the DeFi, NFT, and Web3 gaming ecosystems. Notable factors include:

Source: Defillama### Risks to be aware of

However, Solana is not without risks. Some concerning factors include:

Solana is entering the last month of Q3/2025 with many positive signals. With a strong technological foundation, an increasingly rich ecosystem, and growing interest from institutions, the possibility of SOL breaking through to the 200 USD mark and maintaining its bullish trend in the near future is entirely plausible.

However, like all other digital assets, volatility is inevitable. Investors need to closely monitor important technical levels and prepare for potential opposing scenarios.

Solana is not just a token – it is a platform that is reshaping the future of Web3. Keep a close eye, as developments in August could mark a new chapter in the long-term bullish journey of SOL.

Lilly