Solana Price Prediction: Can SOL Really Reach $150 After Breakout?

Solana is having a strong week. The SOL price sits at $112.73 today, up 3.76% in the latest reading. Last week alone, Solana gained close to 10.70%. Traders are now asking one question. Can Solana keep climbing toward $150? This article looks at the numbers, the chart, and the news driving the move, so you can see why SOL is trending today. What is the Solana price today? Solana (SOL) is trading around $112.73 at the time of writing. Its market cap stands at $66.02 billion, with a circulating supply of 587.43 million SOL out of a total supply of 634.45 million. Spot trading volume over 24 hours is $761.92 million, while futures volume is much higher at $8.44 billion. Open interest has grown by 2.51% to reach $6.82 billion. Is Solana bullish or bearish right now? The long/short ratio sits just above neutral at 1.0036. On Binance, SOL/USDT accounts show a stronger long bias at 1.7442, and top traders lean even more bullish, with a positions ratio of 2.2628. On OKX, the SOL long/short ratio for accounts sits at 1.74, also favoring longs. Options data tells a similar story. Options volume jumped 40.92% to $17.08 million, and options open interest rose 2.67% to $180.48 million. Rising options activity alongside a price breakout often points to growing trader interest. Why is Solana price up today? A few things are pushing SOL higher this week. Tokenized equities hit a new high. Solana announced that its tokenized equities ecosystem reached 850,000 unique on-chain holders. This is an all-time high. More holders usually means more trust in the network. ETF inflows keep coming. SOL Exchange-Traded Funds saw $13.19 million in inflows last week. This marks 12 straight weeks of positive flows since early July. Steady inflows can support price over time. Short sellers are getting squeezed.Liquidation data backs this up across every timeframe. In the last hour, $304.50K in shorts were liquidated versus $7.23K in longs. Over 4 hours, shorts lost $414.68K against $48.78K in longs. Over 12 hours, shorts lost $4.47 million versus $876.72K in longs. Over the full 24 hours, total liquidations reached $11.39 million, with $9.74 million from shorts and just $1.65 million from longs. This shows short traders have been under heavy pressure all day. What does the Solana price chart show? The SOL/USDT daily chart shows a clear pattern. Price broke out of a long, sideways channel that lasted from around May through August. After the breakout, Solana made a fast move from roughly $75 to $113. It then pulled back into a small descending channel. This week, it broke above that channel too. If this pattern plays out, the chart points to a measured move toward the $150 to $155 zone.