Solana Price Forecast: SOL Eyes 15% Breakout as Whale Accumulation Spikes

Highlights:

• Solana price is holding firm above $210 support, currently up 2% to $218.
• SOL total Value Locked has soared by 5% over the past 24 hours, showing increased interest in SOL.
• Crypto analyst Ali Martinez foresees a 15% breakout in Solana price to $228 soon.

The Solana price is slowly grinding higher, currently up 2% to $218. Backing the price movement is its daily trading volume, which has surged 42% to $9.81 billion, indicating intense investor confidence. Recently, Solana has had a treasury of $1.65 billion, and the activities of large-scale investors are on a frenzied pace, collecting more SOL tokens.

A tweet by SolanaFloor indicates that two giant wallets have withdrawn 376,076 $SOL from Binance. This represents approximately $80.7 million, which was deposited into Kamino. This action points to the increased interest and confidence in Solana as the whales keep accumulating in a period of heightened bullishness in the Solana ecosystem.

🚨JUST IN: Following the $1.65B Solana treasury announcement, whales are accumulating $SOL. In the past 24H, two wallets withdrew 376,076 $SOL ($80.7M) from Binance and deposited it into Kamino. pic.twitter.com/QINWX67MVV

— SolanaFloor (@SolanaFloor) September 9, 2025

Such demand can be attributed to the news about the treasury increase in Solana. This will likely be a great addition to the ecosystem of the network. This shift of funds to decentralised exchanges like Kamino also indicates a broader trend of redirecting liquidity to more secure, decentralised platforms. Moreover, this boosts confidence in Solana’s long-term potential.

In addition to these whale activities, Solana has Total Value Locked (TVL) in decentralized finance (DeFi) that has soared to $12.14 billion. This represents a whopping 5.39% change in 24 hours. This growth of TVL is a good positive sign in the development of the network. Moreover, it indicates that increased capital is being invested in the ecosystem of Solana. With a total of $12.32 billion in the stablecoin market and over $1.19 million in chain fees earned in 24 hours, Solana boasts a very fluid and vibrant DeFi industry.

Solana Price Outlook as Bulls Eye 15% Breakout

The SOL/USDT 1-day chart is showing strong momentum, as the bulls grind within a rising channel. Currently, the buyers have the upper hand, as they have established a strong support floor at $189 and $158. 

The technical indicators, such as the Relative Strength Index (RSI) at 61.49, are climbing but not yet overbought (above 70), leaving room for more upside. Meanwhile, the Moving Average Convergence Divergence (MACD) shows a recent bullish crossover, with the MACD line (blue) slicing above the signal line (orange). Together with the rising green bars, it is a classic bullish signal.

Looking ahead, the altcoin season speculation, fueled by broader market optimism, could push SOL towards $232. Meanwhile, Ali Martinez, a well-known crypto analyst, has predicted a potential 15%breakout, targeting $228.

Solana $SOL is in the middle of a 15% bullish breakout! pic.twitter.com/nehojEA2mN

— Ali (@ali_charts) September 8, 2025

Moreover, if the strong volume holds and the key support zones, the $250 mark may be imminent by mid-September. However, if Bitcoin pulls back significantly, SOL could face a correction to $212-$207. For the next quarter, a conservative target is $250, but if the price breaks upward with conviction, $300 isn’t off the table by Q4 2025.