SOL price prediction: Can the $200 barrier be broken? Technical correction and ecological benefits struggle

• Technical analysis shows short-term correction: Price below 20-day moving average, MACD showing negative value
• Ecological positive support: Byreal liquidity network launch and whale's large token accumulation
• Key price level: $138 Bollinger Band lower rail is important support

SOL Price Prediction

SOL Technical Analysis: Short-term Correction but Long-term Bullish Structure Unchanged

BTCC financial analyst James noted that SOL's current price of 146.08 USDT is below the 20-day moving average (156.238), with MACD histogram showing a negative value (-0.9854), indicating weak short-term momentum. However, the Bollinger Band lower rail (138.9223) forms support, and medium to long-term moving averages remain in a bullish arrangement. 'If the 138 key level is maintained, SOL is expected to restart its upward trend with support from institutional-level liquidity networks,' James emphasized.

Solana Ecosystem Positive News: Byreal Liquidity Network Launch and Whale Token Accumulation

'Bybit-supported Byreal launches Solana liquidity network, and whales have invested $4.95 million in accumulating SOL-related tokens, indicating continuous institutional fund deployment,' BTCC analyst James stated. Despite short-term technical adjustments, strong ecosystem development may provide fundamental support for SOL price.

Key Factors Affecting SOL Price

Bybit-supported Byreal Launches Solana-based Liquidity Network

The new-generation decentralized liquidity network Byreal, incubated by Bybit, has officially launched on Solana. The platform aims to combine centralized exchange liquidity with DeFi transparency, positioning itself as an on-chain extension of global trading venues.

With Byreal's launch, the SOLana ecosystem gains an important new application, and the platform is expected to attract traditional centralized exchange users through its hybrid model. Solana's high-performance infrastructure is anticipated to support large transaction volumes and optimize capital flow on the network.

Byreal introduced three core innovations, including a dual-engine DEX system combining CLMM and R protocols. This development marks another step towards the convergence of centralized and decentralized financial infrastructure.

Whales Accumulate $4.95 Million in Solaxy Tokens as Presale Nears Completion

Crypto whales have aggressively purchased Solaxy ($SOLX) tokens worth $495,000 within 48 hours, with a single transaction exceeding $113,000. This Solana-based layer-2 protocol project has raised over $50 million, with its presale set to end within 24 hours at a fixed price of $0.00176 per token.

This concentrated buying indicates institutional fund entry rather than retail speculative trading. Solaxy is positioned as a scaling solution addressing Solana network congestion and transaction failures. As whale participation grows, the token's valuation may significantly deviate from the current discounted price after the presale ends.

Can SOL Price Reach $200?

Based on current technical indicators and market sentiment, SOL may maintain a range-bound movement between $138-$173 in the short term. To break through the $200 level, the following need to be observed:

James believes: 'If it can firmly establish above $173 in the third quarter, combined with ecosystem fund inflows, the probability of challenging $200 by year-end will significantly increase.'