Key Notes

Solana rallied 17% in a week, breaking above $180 for the first time in August 2025.

8M SOL worth $1.4B withdrawn from staking in 5 days, adding to short-term market supply.

SOLUSD technical indicators show next major overhead resistance now lies at the $202 mark, bullish momentum sustains above 20-day MA. .

The Solana price finally broke above $180 on Saturday, Aug 9, 2025, after multiple failed attempts since the start of the month.

The 17% rally over the past week has coincided with 8 million SOL staking withdrawals, suggesting investors are shifting toward short-term speculative trades amid heightened market optimism. According to blockchain analytics platform StakingRewards.com , staking deposits fell from 408.04 million SOL on Aug 4 to 399.93 million SOL at press t

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