{"id":13617,"date":"2025-07-31T11:40:49","date_gmt":"2025-07-31T10:40:49","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=13617"},"modified":"2025-07-31T11:40:51","modified_gmt":"2025-07-31T10:40:51","slug":"what-to-expect-for-solana-sol-price-in-august","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/what-to-expect-for-solana-sol-price-in-august\/","title":{"rendered":"What to Expect for Solana (SOL) Price in August ?"},"content":{"rendered":"\n

Solana in July : An Impressive Rally, But Momentum Slowing Down<\/h2>\n\n\n\n

Solana<\/a><\/strong> has reaffirmed its dominant position as one of the most resilient alternative cryptocurrencies in July, riding the market’s bullish wave. Following Bitcoin’s momentum closely, SOL surpassed the $200<\/strong> mark to reach a local peak of $206.19<\/strong> on July 22.<\/p>\n\n\n\n

This spectacular rise has translated into intensified activity on the Solana network. The total value locked (TVL<\/strong>) in DeFi protocols jumped by 14%<\/strong> to reach $9.85 billion<\/strong>.<\/p>\n\n\n\n

Trading volumes on the network’s DEXs climbed by 30%<\/strong> last month, exceeding $82 billion<\/strong>. This flurry of activity also generated an increase in network revenue, which grew by 13%<\/strong> compared to June.<\/p>\n\n\n\n

However, as August approaches, signs of cooling are emerging. The price of SOL<\/a> has fallen to around $170<\/strong>, while user activity on the network appears to be slowing down. The number of daily active addresses has decreased by 16%<\/strong> over the past 7 days, reflecting a slowdown in user engagement and decentralized application usage.<\/p>\n\n\n\n

A Golden Cross on the Horizon for SOL<\/h2>\n\n\n\n

This drop in SOL price has pushed the coin dangerously below its 20-day exponential moving average (EMA), which forms an important dynamic support<\/strong> at $178.25<\/strong>.<\/p>\n\n\n\n

\"solana<\/figure>\n\n\n\n

Indeed, SOL fell rapidly to $170<\/strong> just before the FOMC speech. However, as mentioned in our previous article, this is potentially extremely bullish for SOL.<\/p>\n\n\n\n

In fact, SOL broke below its upward trendline only to quickly reclaim it. As SOL has regained its demand zone and is currently trading at $180<\/strong>, it now has a much higher probability of seeking new highs<\/strong> in the coming weeks.<\/p>\n\n\n\n

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hello solana community members, i think it's time to bullieve again pic.twitter.com\/CrPQm1LnL9<\/a><\/p>— Honey (@honey_xbt) July 31, 2025<\/a><\/blockquote>