Solana Price Rally: Expert Technical Analysis for September 3, 2025
Guided by our in-house market analysis expert Manu Prieto, today’s insights confirm what investors have been watching: Solana remains one of the few major cryptocurrencies that has consistently respected its long-term bullish trendline.
Expert Technical View
Unlike Ethereum and other large-cap coins, Solana has never broken below its primary ascending trendline. Following the explosive rally from $8 to $250 in 2023–24, the asset entered a consolidation phase that eventually brought it back to the long-term uptrend line.
Source: TradingView
From this key support, SOL rebounded strongly on April 7, 2025. Since then:
- Solana has broken through the congestion zone between $173 and $188, a level that capped price action for months.
- Most recently, Solana price jumped above $212, reinforcing bullish momentum as the asset tests resistance at $218–$230.
- The asset is now testing resistance at $218–$230 — a decisive zone that will determine whether momentum carries Solana back toward all-time highs.
- A pullback to the trendline is still possible, but a clean breakout above $230 would confirm continuation of the uptrend.
Our analyst highlights two levels to watch: the ascending trendline itself and the pivot area around $100, which has served as a long-term floor.
Source: TradingView
What’s Driving Solana Today
Beyond the chart, Solana’s move higher is being supported by real news catalysts:
- Alpenglow Upgrade Approved: With a 98% approval rate, Solana is preparing to replace its current consensus with Votor and Rotor, designed to speed up transaction finality and boost efficiency. This upgrade is seen as a major step in maintaining Solana’s edge in throughput and scalability.
- Institutional Interest & ETF Optimism: Renewed speculation around a Solana ETF has pushed inflows higher, with analysts eyeing targets in the $270–$300 range if momentum continues.
- Market Leadership: Solana has been one of the best-performing assets in recent sessions, consistently outpacing peers and drawing attention from traders seeking strength in this market.
Expert Conclusion
According to our in-house analyst:
“The sun is still shining on Solana. As long as the bullish trendline holds, the broader trajectory remains intact. A breakout above $230 could set the stage for another test of all-time highs. Only a breakdown below the trendline, followed by lower highs and lows, should raise concern for investors.”
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Disclaimer: This article is for informational purposes only and does not constitute financial advice. Please do your own research and consult with a financial advisor before making any investment decisions.