Solana (SOL) Price Prediction: SOL/BTC Turns Green, Futures Traders Bet on a Rise

Solana's [SOL] stablecoin supply has soared to $12 billion, driving liquidity and keeping SOL above $200 despite market swings. However, a top analyst warned that $11.35 billion in short leverage could be squeezed at $245, demanding a 22.5% surge in price. But with the current market conditions, is that even possible?

Solana’s [SOL] stablecoin supply has soared to $12 billion, driving liquidity and keeping SOL above $200 despite market swings.

However, a top analyst warned that $11.35 billion in short leverage could be squeezed at $245, demanding a 22.5% surge in price. But with the current market conditions, is that even possible?

Breaking down the on-chain odds

Despite the market’s volatility, SOL has shone over the last five days. Traders quickly snapped up the dip at $188, pushing the price up 8%, fueled by a surge in volume that showed strong buying interest.

Moreover, Solana was still outperforming Ethereum [ETH] in key areas, like DEX volume, despite SOL’s massive fall from its $40 billion all-time high to $4.5 billion at press time.

It’s clear the Official Trump [TRUMP] memecoin hype didn’t last long.

Artemis Terminal

However, with $12 billion in stablecoin market cap and strong DEX demand, Solana was showing bullish signs. The SOL/BTC chart was close to a bullish turn, as investors moved into high-caps to hedge against Bitcoin [BTC].

Solana positions itself well, reclaims a $100 billion market cap, and surpasses Binance Coin [BNB]. FOMO builds, and SOL could aim for a run to $215 in the near term.

That said, with just a 10% gain over the past month, a 22% rise might be a bit much – unless steady buying kicks in.

The RSI remains far from overbought, and the Solana network shows no signs of overheating. Will bulls take advantage of this momentum?

Is SOL set to squeeze out weak hands?

With over 70% of perpetual contracts on Binance taking a ‘long’ position, the bullish sentiment around Solana is gaining momentum.

In addition to this, more than 300K wallets activated in just two days, aligning with SOL’s impressive 8% surge.

SolScan

Hitting $245 with this momentum doesn’t seem far-fetched. However, staying above $200 is crucial for Solana to maintain its $100 billion market cap and act as a psychological boost for investors.

Read Solana’s [SOL] Price Prediction 2025–2026

With bullish on-chain data, SOL/BTC turning green, futures traders betting on a rise, and traders quickly scooping up the ‘dip,’ the potential remains undeniable.

HODLing Solana looks like a smart move, with a clear path toward the $11 billion liquidity cluster at $245 in the coming days — if the momentum holds.