The Solana price is firm as bulls have been pressing on the gas pedal after the psychological close above $200 earlier this month. At this pace, SOL USD is well-positioned to breach $250, a round number and a local resistance level. Accordingly, the Solana price prediction many traders hold is for a possible fresh all-time high by the end of the year that will propel the SOL/USDT pair above $300.
As SOL USD prints higher highs, building on July and August gains, Solana crypto is one of the top performers. From Coingecko, SOL USD is up +72% year-to-date, extending gains in the past month to nearly +30%. Meanwhile, reflecting on the resilience of buyers in the past month, Solana crypto is up a decent +8% in the past week.
(Source: Coingecko)
Bullish as SOL USD is, however, how fast the coin races above key resistance levels will depend on fundamental catalysts. Unlike in late 2024, meme coin activity is low, and DeFi, while Solana offers a supportive platform, lags behind Ethereum. However, looking at market and DeFi data, there are hints that SOL USD may tick higher, benefiting from capital inflow.
DISCOVER: 20+ Next Crypto to Explode in 2025
Solana Price Prediction: Will SOL USD Hit $250 This Week? Solana TVL and Open Interest Exploding
Behind this bullish Solana price prediction position are solid data, backing the
Solana
4.07%
Solana
SOL
Price
$73.34
4.07% /24h
Volume in 24h
$1.99B
Price 7d
outlook.
The latest data from Coinglass shows that Solana’s future open interest, a measure for gauging trader interest, has been rising steadily over the past month. Open interest measures the number of open positions, whether long or short, across all leading perpetual exchanges, including Binance and Bybit.
(Source: Coinglass)
As of August 3, the Solana futures open interest stood at around $9 Bn. Over the past few weeks, more traders have been positioning themselves for gains. As of September 10, open interest stood at over $15 Bn. The near 100% surge in open interest coincided with the explosion of SOL USD prices from around $158 to over $220, during when top Solana meme coins like Pengu crypto also ticked higher.
With SOL/USDT breaking out of August highs, traders are also bullish. Presently, the long/short ratio across Binance and OKX is above 1, meaning there are more traders who are bullish than bearish. 
(Source: Coinglass)
On Binance, the top trader long/short ratio is 2.41, which is, by all measure, overwhelmingly bullish.
Coinciding with this expansion in long positions, Solana total value locked (TVL), has been rising. According to DefiLlama, the Solana TVL has steadily increased since March 2025, when it stood at $6.6 Bn, expanding to as high as $12.4 Bn in early September 2025.
(Source: DefiLlama)
Rising TVL usually shows that dapps are active and providing value for users. The more users engage with, say, meme coin launchpads like Pump.fun, or LetsBonk, the higher the TVL. In turn, the network generates more revenue from fees, exerting upward pressure on price and cementing SOL as one of the best cryptos to buy.
While revenue fell sharply after February, the network has been generating more revenue from fees since April, coinciding with SOL USD bouncing from 2025 lows.
If TVL rises and traders continue piling longs, SOL USD can easily zip past $250 by the end of the week. On X, one trader, citing the current formation of a cup-and-handle formation, said XRP can easily spike to $260 in the coming sessions.
(Source: kholov23, X)
Often, the triple tops of the cup-and-handle formation mark key resistance levels. They were retested in early 2025, and momentum is now building for a surge to this local resistance level.
DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025
Will Snorter Ride The Solana Wave? Over $3.8M Raised
If SOL USD surges, ecosystem tokens, including some of the top Solana meme coins, may benefit.
At the moment, focus is on the Snorter, a Telegram trading bot for Solana tokens.
What’s special about Snorter is that it is not only fast, running on private RPC to give users an edge when sniping high-demand, low-risk, high-reward tokens, but also secure. Snorter developers have integrated a honeypot detection tool to protect users against rugpulls. Moreover, another security feature cushions active traders against MEV attacks.
Aware that trading can mean opening thousands of positions every month, Snorter is cheaper than competitors, charging just 0.85% per trade. The low fees mean it is cost-effective and snipers have an edge, with more room for profitability.
Over $3.8M has been raised so far, and each SNORT token is trading for just $0.1041.
Snorter presale investors are also free to stake for a 120% APY.
DISCOVER: Best Meme Coin ICOs to Invest in 2025
Solana Price Prediction: SOL USD to $250? Snorter Trending
- SOL USD bullish, breaks above $220
- Solana price prediction places SOL crypto at over $250 this week
- Rising Solana TVL and open interest bullish
- Snorter presale raises $3.8M
Why you can trust 99Bitcoins
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
Weekly Research
100k+Monthly readers
Expert contributors
2000+Crypto Projects Reviewed
