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Solana Price Prediction: $188 Breakout in Sight as Inflows and Institutional Staking Hit New Highs

source-logo  bravenewcoin.com 4 h

While many altcoins struggle to find footing, SOL is quietly pulling in over $135 million in cross-chain inflows and attracting major institutional attention. From holding key support zones to a fresh wave of staking by Galaxy Digital, all signs are pointing toward a growing base of confidence.

Solana Sees A Sign of Strength

Solana just saw one of its biggest weekly inflow events in months. According to SolanaFloor, more than $135 million worth of assets were bridged from other chains to Solana over the last 7 days, including $70 million from Ethereum alone. This capital migration reflects growing demand for Solana.

Solana sees over $135M in cross-chain inflows this week. Source: SolanaFloor via X

This surge in inflows could act as a catalyst for SOL’s price structure. Large-scale bridging shows on-chain activity spikes, increased liquidity on Solana, and higher revenue, each feeding into a stronger fundamental base.

Solana Price Gaining Strength After Holding Key Levels

Following the impressive $135M in recent cross-chain inflows, Solana is showing a similar sign of strength on charts. Analyst Crypto Virtuos notes that SOL is holding up well above the $144 support level, a critical zone that has previously acted as both resistance and a bounce point. With the market cooling off and volatility settling, SOL’s current price action suggests a base is establishing.

Solana maintains strength above key $144 support, with analysts eyeing a potential breakout toward $170. Source: Crypto Virtuos via X

Analyst Crypto Virtuos believes that on the upside, target is clear at $170. This level marked a recent local high and lines up with prior resistance from early June. If SOL can build momentum above $150 to $152, where short-term supply has been sitting, a breakout toward that $170 mark becomes increasingly likely.

Galaxy Digital Staking $63M in SOL

Adding to the recent momentum around Solana, Galaxy Digital just staked another 150,000 SOL worth $22.7 million, bringing their total stake to over $63 million in just the past six hours, according to SolanaFloor. This kind of move shows a positive outlook on Solana.

Galaxy Digital stakes over $63M in SOL, signaling strong institutional conviction in Solana’s long-term potential. Source: SolanaFloor via X

Staking at this scale shows Galaxy is positioning itself for long-term rewards. Institutional staking adds another layer of conviction. If demand continues rising while large players lock up supply, it could set the stage for more sustained upside.

Solana Price Prediction Eyes Breakout Toward $188 and $280

After weeks of inflows, accumulation, and institutional staking, Solana may be setting up for its bullish rally. According to CryptosBatman, the chart is now showing a three-phase breakout structure with clearly defined levels: a first push through $188, followed by targets at $227 and then $280. The price action is beginning to curve upward.

Solana charts hint at a three-phase breakout with targets at $188, $227, and $280, says analyst CryptosBatman. Source: CryptoBatman via X

SOL has been consolidating just above a previous base near $144, a level it held firmly despite broader market pullbacks. Now, CryptoBatman believes that if SOL clears $188 with volume, it could open the door for a parabolic advance into late Q3.

Solana Technical Analysis

Solana is currently trading within a well-defined range between $120 and $180. As highlighted by analyst CJ900X, the lower support zone around $120 has held firm multiple times, establishing a strong base that buyers continue to defend. The upper resistance remains around $180, which has capped several upside attempts.

Solana trades between $120 to $180, with $165 as the key breakout level to watch. Source: CJ900X via X

The key level to watch now is $165. According to CJ900X, a decisive break above this mid-range level could open the path toward $200, where the price last faced significant rejection. Until then, Solana remains in consolidation, but with strong support below and increasing momentum building near resistance.

Final Thoughts

From $135 million in weekly inflows to major institutional players like Galaxy Digital increasing their stake, the fundamentals are getting stronger. Key support at $144 continues to hold, and price action is slowly gearing up for the next move. If $165 is breached with strong volume, then SOL Solana price can see a breakout structure toward $188 and beyond.

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