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Sol could extend its recovery from Q3 to $ 215, before looking $ 250, according to the main Mexc analyst. But can bulls overcome the weak season of September and the decrease in network activity?
In August, Solarium [SOL] blocked at a gain of 16%, which carries the Q3 returns to 30%.
Despite a historically weak September performance, MEXC’s main analyst Shawn Young projected that Altcoin could label $ 215, which suggests a possible additional gain of 7%.
In a statement, Young told Ambcrypto that the recent Alpenglow, which promises an improvement of the 100x speed, along with the expected ETF tickets and more than $ 1.7B in the demand for the cryptographic treasure, could boost recovery.
“The alignment of technical innovation, structural accumulation and inputs related to ETF raise bets for sun, preparing the scenario for a turning point in the adoption and discovery of prices.”
Young added,
“These (catalysts) could see the increase in the price of sun as high $ 215 before the end of September and $ 250 before the end of the fourth quarter, provided that the winds against the winds against do not return to the market.”
In fact, some expected Sol meeting at $ 300 for the end of the year. But will the network activity decrease in the short term?
Solana network activity decreases by 90%
Despite the perspective of the middle of the bullish period, other market observers warned that the activity of the network in the chain has decreased by 90%.
The number of merchants in the Solana network decreased from more than 30 million in the peak of the fourth quarter of 2024 to approximately 3 million as of September 2025. This slow Dex traction could affect the demand for sun.
Source: Dune Analytics
For its part, analyst Ted Pillows noted that the massive liquidity group of $ 160- $ 180 could be tested before Sol in front of a rally to a new ATH for the fourth quarter.
“I think $ Sol could sweep the downward liquidity in September before a new AT in the fourth quarter.”
Source: Coinank
In fact, the lowest liquidity group was concentrated around $ 170- $ 175, so it is a key zone in case of a setback.
Interestingly, the price graphics bowed towards the previous thesis. Until now, Sol has faced price rejections at the upper limit of the ascending triangle (yellow) and Bollinger bands.
If the story is repeated, the $ 215- $ 220 could become a short-term key supply zone.
Source: Sol/USDT, TrainingView
The middle and lower range limits of Bollinger bands have also acted as key supports in the past. Currently, this was aligned with the level of $ 175- $ 180 (white), which makes it a key support to see in case of an extended correction.
