Solana surges 32% in a week, reclaims $100 as analysts eye bigger gains

Solana (SOL) has climbed roughly 32% over the past week and reclaimed the $100 level on August 25, a price last seen in February this year. Its market capitalization has risen to nearly $60 billion, making it the seventh-largest cryptocurrency. The move followed a broader crypto-market rally after monetary policy changes announced by the US Treasury Department, which helped push Bitcoin briefly above $81,000 and Ethereum beyond $2,500. Solana also benefited from renewed institutional demand, with spot SOL ETF inflows surpassing $33 million over the previous 24 hours, the strongest daily result since mid-December 2025. Analysts including Ivan on Tech, David Gokhshtein and Einstein offered bullish forecasts ranging from $150 to $1,000, but SOL’s Relative Strength Index (RSI), a momentum indicator, has reached 70, signaling overbought conditions. CoinGlass data also shows exchange inflows exceeding outflows in recent days, potentially increasing near-term selling pressure as investors move assets from self-custody to centralized platforms.

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