Solana (SOL) Price Holds Above Key Levels as Volume Builds Near $210

TL;DR Solana holds above key EMAs with rising volume, suggesting strong short-term bullish momentum. $9.2B in volume clusters near $200–$206, hinting at a possible breakout ￰0￱ upgrade reduces finality time, boosting network performance and attracting developer ￰1￱ Movement and Technical Levels Solana (SOL) was trading at $210 at the time of writing, reflecting a 4% increase in the last 24 hours and a 3% rise over the past ￰2￱ price action is moving within a tight consolidation range between $200 and $206, showing steady accumulation after recent volatility. Interestingly, the 4-hour chart indicates a bullish market structure that began forming in early ￰3￱ to BitGuru, SOL reversed from a double bottom pattern near $165 and moved upward by over 20%.

A subsequent rally added another 14%, pushing the price toward the $210–213 resistance ￰4￱ is now making its third attempt to move beyond this level.) on the 4-hour ￰5￱ 200 EMA is positioned at $200, and the 100 EMA at $197.57. These moving averages are acting as dynamic support levels. Shorter-term EMAs (20 and 55) are now converging around $201–$202, which aligns with the current trading range. $SOL This Solana compression is ￰6￱ of volume being transacted within this range and I think that we’re going to break up ￰7￱ — Altcoin Sherpa (@AltcoinSherpa) September 2, 2025 Meanwhile, this tight alignment of moving averages is supporting the theory of price ￰8￱ are watching the $206.65 resistance level closely.

A clean break above this range could lead to price movement toward $220 or ￰9￱ Upgrade and Ecosystem Development Solana has approved the Alpenglow ￰10￱ update is designed to reduce transaction finality from 12.8 seconds to a near-instant speed of 100–150 ￰11￱ describe Alpenglow as the most extensive rewrite in the network’s ￰12￱ upgrade is aimed at improving transaction speed and reliability across the Solana ￰13￱ have begun preparing for the new implementation.