Solana Price Tests Resistance After Strong August Growth, What’s Next?

• Solana price may rally with revenue nearly doubling year-over-year to $148 million in August.
• Perpetual futures volume reached a record $43.8 billion last month.
• The Solana price faced Ichimoku resistance with short-term support near $200.

Solana entered September by challenging important resistance levels after a surge in August metrics. On-chain growth, record derivatives activity, and institutional listings highlighted the network’s momentum.

Analysts said the Solana price was approaching technical thresholds that could define its next move.