Solana has been holding strong above the $175 support level, showing that it’s one of the more stable altcoins in the market right now. Even with the wider crypto market facing uncertainty, SOL’s chart looks solid, and many participants are now watching closely to see if it can push towards the $200 mark.

Solana On-Chain Performance Shows Strong Growth

Solana’s on-chain activity continues to climb steadily, with transaction counts pushing higher and showing a clear uptrend over the past few years. As highlighted by Mert from Helius, the network’s performance is not only holding but accelerating, with successful transactions charting a consistent move “up and to the right.” This trend underscores growing adoption, where Solana is increasingly being utilized for real-world use cases that demand speed and scalability.

Solana’s transaction counts hit new highs, highlighting accelerating adoption and network efficiency. Source: Mert via X

The chart also shows that while reverted transactions remain present, the successful ones far outweigh them, suggesting that Solana’s efficiency and reliability are improving as the ecosystem matures. From a bullish perspective, such growing on chains strengthens the case for Solana’s price activity as well.

Solana Technical Structure Holds Firm

Solana’s chart continues to maintain a constructive structure, with Crypto Mechanic pointing out that it remains one of the few altcoins showing stability despite broader market uncertainty. The 12H setup highlights a developing inverse head-and-shoulders formation, with price repeatedly defending the $175 to $180 support zone. This base is critical, as holding above it provides a strong launchpad for another push towards the $200 to $210 resistance area.

Solana defends the $175 support with an inverse head-and-shoulders setup, keeping bulls in control. Source: Crypto Mechanic via X

Momentum-wise, the higher low formation signals that buyers are still in control, even with short-term fluctuations. As long as the $175 level holds, the technical picture favors continuation to the upside, potentially extending Solana’s recovery leg. If bulls manage to flip $200 into support, it could open the door for a retest of the $220 region, making this consolidation phase an important pivot for Solana’s next major move.

Solana Hits Record Transaction Speed

Solana has once again raised the bar for network performance, with SolanaFloor reporting that its true transactions per second (TPS) surged past 2,300 for the first time. This milestone sets a new all-time high and highlights how far the network has progressed since the $TRUMP coin launch, where throughput was far more limited. Crossing this threshold shows that Solana is not just keeping pace but actively improving under real-world demand.

Solana’s true TPS breaks above 2,300 for the first time, marking a new all-time high in network speed. Source: SolanaFloor via X

Such on-chain strength often carries a direct influence on price, as it reinforces investor conviction that the network can sustain large-scale activity without breaking down.

Solana Range Highs in Focus at $295

Crypto King highlights that Solana’s chart is showing textbook technical strength, with a clean bounce off the uptrend support confirming higher lows. This continuation of the bullish structure suggests that buyers remain firmly in control, and the range is well-defined between the $175 to $180 support base and the $295 resistance zone.

Solana charts a bullish path with $295 range highs in focus, as higher lows keep momentum intact. Source: Crypto King via X

From a technical perspective, the $295 mark is not just a random target but a clear ATH for Solana. If Solana can sustain its pattern of higher lows while pressing into this ceiling, the probability of a breakout strengthens considerably. Crypto King emphasizes that there is “no need to overthink,” as the chart speaks for itself, pointing toward a straightforward test of the all-time highs and potentially setting the stage for a strong Solana price prediction.

Final Thoughts: Will Solana Get New ATHs in 2025?

Solana is heading into the final quarter of 2025 with both technical resilience and unmatched on-chain strength. The combination of higher transaction speeds, a strong support base near $175, and repeated tests of the $200 level suggests that the network is positioning itself for another leg higher. If buyers continue to defend current ranges and push through the $295 ceiling, a fresh all-time high becomes more than just a possibility.

Market sentiment and broader liquidity trends will play a decisive role in determining whether Solana can sustain momentum. As long as the bullish pattern of higher lows holds, the setup favors an eventual breakout, making Solana one of the leading candidates to challenge new highs in 2025.

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Filed under: Bitcoin - @ August 21, 2025 7:18 pm