Solana Tests $235 Resistance After Rebound as Institutional Buying and Network Growth Could Push Toward $253

COINOTAG recommends • Exchange signup Trade with pro tools Fast execution, robust charts, clean risk ￰0￱ account → COINOTAG recommends • Exchange signup Smarter ￰1￱ ￰2￱ analytics and risk features in one ￰3￱ up → Solana (SOL) has rebounded from $220 support and is testing resistance near $235, driven by rising institutional accumulation, higher on-chain revenue and increased trading volume; a decisive breakout could target $253 if volume and participation continue to ￰4￱ tests $235 resistance after defending $220 support, with $253 as the next ￰5￱ holdings exceed 13.4M SOL and corporate treasury buys totaled $530M, tightening ￰6￱ revenue reached $141M in September; 24h volume rose 16.69% to $8.95B, supporting ￰7￱ (SOL) price rebounds from $220 support to test $235 resistance — track volume and institutional buying for a potential breakout to $253.

Read more. , "publisher": What is driving Solana (SOL) price as it tests $235 resistance? Solana (SOL) price is testing resistance near $235 after rebounding from $220 support, supported by growing institutional accumulation, higher on-chain revenue and increased trading ￰8￱ factors combined create a tighter supply-demand balance that could enable a breakout toward $253 if momentum ￰9￱ are institutional flows and treasury purchases affecting SOL price? Institutional accumulation has increased materially: public firms now hold over 13.4 million SOL, and a corporate treasury recorded roughly $530 million in ￰10￱ available supply and large-scale corporate buys typically strengthen price support and reduce sell-side liquidity, reinforcing upward pressure. , Solana tests $235 resistance after rebounding from $220 support as institutional buying and network growth drive momentum toward $253.

Solana rebounds from $220 support and tests $235 resistance, eyeing a potential move toward $253. Institutional accumulation grows as public firms hold 13.4M SOL and treasury adds $530M in ￰11￱ revenue hit $141M in September, reinforcing Solana’s strength amid rising trading ￰12￱ (SOL) continues to gain momentum after rebounding from the $220 support ￰13￱ asset is now testing resistance near $235, with traders monitoring for a potential breakout toward $253. Increased institutional interest, growing network activity, and sustained volume continue to support Solana’s upward trend and market ￰14￱ is the $220–$253 range important for SOL? Price action between $220 and $253 represents a full recent trading channel where support and resistance have been ￰15￱ defended $220, creating higher lows, while $253 remains the upper boundary tested in recent sessions.

A breakout above $235 with sustained volume could reopen momentum toward the $253 ￰16￱ does on-chain activity support the current rally? On-chain metrics signal stronger usage: decentralized applications on Solana generated $141M in revenue in September, and 24-hour trading volume rose 16.69% to $8.95 ￰17￱ revenue and volume indicate increased transaction demand, which often precedes sustained price appreciation if network activity continues. $SOL is attempting a strong recovery after bouncing from the $220 support zone, currently testing resistance near $235. A breakout above this level could confirm bullish momentum, targeting the key $253 zone ￰18￱ — BitGuru (@bitgu_ru) October 7, 2025 Throughout recent sessions, Solana traded between $190 and $253.

After reaching its peak near $253, the price corrected but quickly regained strength above the $210 ￰19￱ have defended the $220 area, forming higher lows that maintain short-term ￰20￱ reports SOL at $221.46, up 2.14% over seven days.) — reduce available float and can amplify price moves on positive flow. Grayscale’s Solana Trust (GSOL) has announced staking plans to broaden institutional utility pending regulatory ￰21￱ referenced: CoinGecko, CoinMarketCap, and institutional filings (mentioned as plain text sources) indicate increased corporate and fund-level ￰22￱ Asked Questions Will Solana break $235 and reach $253? A breakout to $253 requires sustained buying pressure and rising ￰23￱ SOL closes above $235 with above-average volume, the next test is $253; failure to hold $220 would signal weakening ￰24￱ are network revenues influencing investor sentiment?

Network revenue of $141M in September signals strong dApp usage and fee generation, which supports investor confidence by demonstrating real economic activity on Solana’s ￰25￱ Takeaways Support and resistance: $220 is the key support; $235 is immediate resistance, $253 is the next ￰26￱ demand: Public firms hold ~13.4M SOL and corporate buys totaling ~$530M tighten supply. On-chain strength: $141M in network revenue for September and higher trading volume bolster the ￰27￱ Solana (SOL) has rebounded from $220 and is testing $235 resistance, supported by institutional accumulation and rising network ￰28￱ trading volume and on-chain metrics closely; a confirmed breakout with strong participation could target $253.

For ongoing coverage, track updates from COINOTAG and official on-chain data sources. , Published: October 7, 2025 · Updated: October 7, 2025 · Author: COINOTAG COINOTAG recommends • Exchange signup Clear control for futures Sizing, stops, and scenario planning ￰29￱ futures account →