SOL Price Prediction for August 2026: Can Solana Return to US$90?

Initially, traders were somewhat anxious when Solana hit its lowest point at the end of July. However, entering early August 2026, the SOL/IDR price gradually crept up with positive gains.

The volatility in SOL's price is not without reason, given that global crypto market sentiment is currently in a transition phase awaiting macroeconomic policy decisions. The big question now emerging in investors' minds is: can this momentum carry Solana back to the US$90 price level in the near future?

Key Takeaways

• SOL/IDR is trading at around Rp1,317,216 or approximately US$85.
• The Rp1,260,000 area is the nearest support, while Rp1,380,000–Rp1,395,000 is the main resistance level that aligns with the US$90 target.
• Price movement in the coming days will be influenced by a combination of technical analysis, macro sentiment, and developments in the Solana ecosystem.

Why Is Solana's Price Starting to Strengthen in Early August?

Source: Bittime

Based on today's SOL/IDR trading data from Bittime, Solana's price is at Rp1,317,216 or approximately US$85. In the last 24 hours, the price moved in the range of Rp1,292,705 to Rp1,328,800, showing that volatility is starting to subside after the selling pressure at the end of July.

The short-term chart shows that SOL is building a recovery phase. After a fairly deep correction, the price is now moving in a consolidation pattern around the Rp1.3 million area, which is often a phase before the market determines the next direction.

Trading activity also remains relatively high. Transaction volume reached around 460.9 SOL or worth Rp605 billion, indicating that liquidity is maintained and investor interest has not waned.

A number of analysts also believe that Solana is starting to enter a transition phase toward a bullish trend. However, this momentum still requires confirmation in the form of a breakout above the resistance area in the coming days.

Read Also: Solana (SOL) Staking Guide 2026 from A-Z for Passive Income

Factors That Could Drive SOL's Price Up

In addition to technical factors, Solana's movement is also influenced by a number of fundamental sentiments.

One of them is that Solana network activity remains high even though the crypto market is still fluctuating. The stability of on-chain transaction volume shows that network usage remains strong and is one of the pillars supporting SOL's valuation.

On the other hand, investors are still watching the development of United States monetary policy. The direction of The Fed's interest rates and Bitcoin's movement usually help determine sentiment toward large-cap crypto assets, including Solana.

The Solana ecosystem itself also continues to develop through various updates that are expected to improve network efficiency and liquidity. If this positive sentiment continues, the opportunity for SOL to test higher price levels will become increasingly open.

Read Also: How to Buy Solana: A Complete Guide for Beginners in Indonesia

SOL Technical Analysis: Nearest Support and Resistance

From a technical standpoint, there are several price levels worth watching during August 2026.

The Rp1,290,000 area is the first support because it is close to the lowest point in daily trading. If selling pressure increases, the next support is around Rp1,260,000, which so far remains a strong defense area.

Meanwhile, the nearest resistance is in the range of Rp1,380,000 to Rp1,395,000. This area also coincides with the psychological target of US$90, so it has the potential to trigger profit-taking if reached.

As long as the price is still moving below Rp1,330,000, SOL's movement is estimated to remain in a consolidation phase. Confirmation of an uptrend will only become apparent if the price manages to break above resistance with support from higher transaction volume.

Read Also: How to Trade Meme Coins on Solana: Avoid Big Losses

SOL Price Prediction for August 2026: Can It Break US$90?

Looking at current market conditions, the opportunity for Solana to return to US$90 is still open, but requires several supporting catalysts.

The bullish scenario will become stronger if the price manages to hold above Rp1,300,000, then breaks through the Rp1,330,000 area and continues the rise toward Rp1,395,000.

Conversely, if the Rp1,260,000 support fails to hold, selling pressure could bring SOL back to test the Rp1,200,000 area.

Therefore, the first few days of August are an important period to determine whether the recovery momentum will continue or instead turn into a longer consolidation phase.

Read Also: Best Solana DEX 2026: Recommendations for Solana DEX Exchanges and How to Use Them

SOL Trading Strategy for August 2026

For short-term traders, current market conditions still offer opportunities as long as the price moves within the Rp1,260,000–Rp1,350,000 range.

However, a relatively more conservative strategy is to wait for a confirmed breakout above resistance before opening buy positions. This step can help reduce the risk of falling into a bull trap, especially when transaction volume has not shown a significant surge.

Meanwhile, for medium-term investors, maintaining discipline around support and resistance levels remains key in facing crypto market volatility.

Read Also: Solana Blockchain: Staking, Scalability, & Memecoin

Trade SOL/IDR More Easily on Bittime

If you want to take advantage of Solana's price movement opportunities, make sure to use a secure and licensed platform.

You can monitor the SOL/IDR price in real-time on Bittime, place buy or sell orders quickly, and access various other crypto assets in one application. After completing the registration and account verification process, you can start trading according to your investment strategy.

Conclusion

Solana's price movement at the beginning of August shows signs of recovery after experiencing pressure at the end of July. As long as the price can hold above the Rp1,300,000 area, the opportunity to continue the upward move toward the US$90 target remains open.

However, investors still need to pay attention to developments in macroeconomic conditions, Bitcoin's movement, and Solana network activity as factors that can influence the price direction in the short term.

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FAQ

What is the predicted price of Solana for August 2026?

The short-term target for SOL is in the range of Rp1,380,000–Rp1,395,000 or around US$90, as long as the price can break through resistance with strong volume support.

Does SOL's price still have the potential to rise?

Yes, it still has potential. As long as the price holds above Rp1,300,000 and market sentiment remains positive, the opportunity to continue the upward trend is still open.

Where is SOL's current support level?

The main support is around Rp1,260,000, while minor support is in the range of Rp1,290,000.

What happens if SOL falls below Rp1,260,000?

If that support is broken, selling pressure could increase and open up the possibility of a correction toward the Rp1,200,000 area.

How do I buy Solana (SOL)?

You can buy SOL through a crypto asset trading platform like Bittime. After creating an account, completing identity verification, and making a deposit, you can buy and sell SOL/IDR directly at market prices.