Will This Become the Bullish Sentiment for SOL? Looking at the $200 Target

Solana (SOL) has once again captured investor attention, this time riding on the back of institutional demand and multi-exchange support for liquid staking. With its price approaching critical resistance zones, the question now is whether this bullish momentum can push SOL toward the $200 milestone — or if bears are waiting to pounce.

Recent developments have solidified Solana’s standing among institutional players. The introduction of a new liquid staking token (LsSOL) by Liquid Collective — backed by heavyweights like Coinbase, Kraken, Galaxy, and Anchorage — is seen by many as a major signal that the smart money is preparing for Solana’s next move.

But is this enough to break through the $185 barrier and send SOL soaring toward $200?

Read Also: What is SOL and Why is Solana So Popular? 

Key Takeaways

• Liquid Collective has launched LsSOL, a liquid staking token built on Solana in collaboration with Coinbase, Kraken, and others, signaling strong institutional interest.
• SOL completed an inverse head-and-shoulders pattern with a breakout above $159, a bullish formation that could target $185 and potentially $200 next.
• Technical indicators support an upward move, with the 20-day EMA turning upward and the RSI nearing overbought territory.
• The $185 level is strong resistance, but if broken, SOL could rally to $210, based on historical price structure.
• If SOL falls below $155, this bullish thesis would be invalidated, possibly pushing the price down to $144 or $137.

Why Liquid Staking Could Trigger the Next SOL Rally

Liquid staking has emerged as a transformative solution for both retail and institutional users, allowing them to stake tokens and earn rewards without locking up capital. Solana’s recent adoption of this model through LsSOL is particularly timely.

LsSOL is positioned to unlock new demand from institutional investors who want to earn staking rewards without giving up liquidity — a use case that fits well with the potential launch of Solana-based ETFs in the U.S.

With multiple crypto exchanges and custodians backing this move, the credibility of Solana as an investment-grade network is growing. This has fueled speculation that SOL could see significant upside in the coming months, particularly if broader market conditions remain favorable.

Solana Technical Analysis: Breakout Toward $185 and Beyond?

SOL recently confirmed a bullish inverse head-and-shoulders pattern by breaking above the neckline resistance at $159. Since then, the price has retested and held that level — a positive signal indicating buyer strength.

Currently, the 20-day EMA is rising, and the RSI is approaching overbought levels, both of which suggest bullish momentum is building.

As long as SOL remains above $168, the next upside target is $185 — a level that coincides with a key resistance zone from earlier this year. If buyers can flip $185 into support, $210 becomes a likely target, forming the next leg of the rally.

However, a rejection at $185 or a breakdown below $155 could invalidate the setup, potentially pulling SOL down to $144 or even $137.

Read Also: Solana (SOL) Price Outlook: July 2025 and Beyond

4-Hour Chart Confirms Strength Above $169

Zooming into the 4-hour chart, Solana has not only held the $159 breakout level but has also pushed confidently past $169. This area could now serve as short-term support, strengthening the bullish case.

If bears fail to drag the price below $169 soon, SOL could quickly rise toward the $180–$185 resistance zone. Conversely, a break below $169 would expose the token to a possible retest of $159.

This confirms that $169 is the key pivot level in the short term. Bulls are in control for now, but failure to defend this level could lead to fast downside.

Institutional Demand Meets Technical Momentum

The significance of institutional engagement in Solana cannot be overstated. Coinbase, Kraken, Galaxy, and Anchorage joining forces to support LsSOL shows growing confidence in Solana’s ecosystem, especially ahead of potential ETF approvals.

Liquid staking offers a powerful incentive for institutions to allocate to SOL without sacrificing flexibility. This unlocks a new wave of demand that could amplify price movements — especially in low-liquidity environments.

With Ethereum already having robust staking infrastructure, Solana appears to be catching up, offering a faster, cheaper alternative with similar DeFi integrations. This institutional pivot might become a defining narrative for SOL in Q3 and Q4 of 2025.

What Could Derail the SOL Rally?

Despite the bullish outlook, there are still risks:

• Resistance at $185 remains unbroken, and heavy profit-taking could occur near this level.
• If broader markets turn bearish, Solana may follow suit regardless of its technical strength.
• Regulatory uncertainty around staking and ETFs could slow institutional adoption or delay the expected inflows from TradFi players.

In short, the rally is promising — but still fragile. A strong continuation above $185 could cement Solana’s breakout, while a pullback could return SOL to a consolidation phase.

Final Thoughts

Solana’s recent price action, technical setup, and growing institutional interest via liquid staking initiatives like LsSOL all point toward a potentially explosive rally.

The breakout from $159 is technically significant, and with momentum building above $169, all eyes are on the critical $185 resistance. If that level gives way, the door to $200 and beyond swings wide open.

Still, as with all crypto trades, it's essential to monitor key support levels and remain aware of broader market dynamics. But for now, Solana seems poised to outperform — driven by smart money, strong fundamentals, and a healthy dose of bullish sentiment.

Read Also: Solana Price Prediction: Will SOL Reach $400 This Month?

FAQs

What is the significance of the $185 level for Solana?

$185 represents a key resistance level that has previously rejected upward moves. A breakout above it could trigger a rally to $200 or even $210.

What is LsSOL, and how does it affect SOL price?

LsSOL is a liquid staking token on Solana introduced by Liquid Collective in partnership with major institutions. It allows users to earn staking rewards without locking up SOL, potentially driving new institutional demand.

What happens if SOL fails to stay above $169?

If SOL breaks below $169, short-term bullish momentum may weaken. This could result in a retest of $159 or even $155, which are key support levels.

Is institutional demand for Solana growing?

Yes. The involvement of Coinbase, Kraken, Galaxy, and Anchorage in liquid staking solutions shows that institutions are preparing for more exposure to Solana, possibly in anticipation of future ETFs.

Can Solana reach $200 in the near term?

If current bullish momentum continues and SOL breaks above $185 with volume, a move toward $200 is highly possible. However, resistance and market-wide volatility could delay that target.