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Key Takeaways
- Ansem targets $150 for SOL, while Van de Poppe projects a more conservative $100, both citing an imminent range breakout.
- Solana ETFs posted their first-ever monthly net outflow in June (roughly $786,580) before turning positive again every session in July.
- On-chain data show rising TVL, deposits, and active addresses, while falling open interest and funding rates suggest spot-driven buying over leverage.
Crypto trader Ansem expects Solana (SOL) to nearly double from current levels, forecasting a climb toward $150 as he calls for a bullish range breakout in the coming months. Analyst Michaël van de Poppe projects a more conservative move to $100. Both calls come as renewed U.S.-Iran tensions pressured Solana lower over the past week.
Two Traders, Two Breakout Levels
Ansem laid out his view in a July 12 X post, arguing that many on-chain altcoins are consolidating just below key resistance and are close to a breakout. He identified the $84 area as the top of Solana’s current range and $150 as his eventual target.
“I believe SOL will reclaim topside of range & hit $150 over the next couple months as it starts its uptrend again for the first time in over a year,” he said.
Van de Poppe outlined a more conservative path, pointing to the mid-$70s as the zone Solana needs to hold to confirm a continuation higher. “It’s clearly breaking through this resistance zone and flipping the level… we’ll likely see SOL trend to $100+ in the coming one to two months,” he said.
Reaching Ansem’s $150 target would require a gain of roughly 98% from Solana’s price near $76, where the token has traded through the middle of July. Van de Poppe’s $100 goal implies a smaller move of about 32%.
On-Chain Metrics Firm Up as Leverage Retreats
Data trackers show Solana’s total value locked has climbed to its strongest level since early June, a recovery that suggests capital may be returning to the network rather than short-term speculation. Deposits into Solana applications are rising, and long-term holders continue to accumulate.
Open interest and funding rates, by contrast, have contracted over the same period. That divergence may reflect spot buying rather than leveraged positioning. Active addresses are also climbing quickly, retesting yearly highs.
Solana ETF Flows Turn Negative for the First Time
ETF flow data show a different trend than the on-chain metrics above. Solana spot exchange-traded funds posted their first monthly net outflow since launch in June, shedding roughly $786,580, according to SoSoValue data. The figure is small relative to the funds’ more than $1 billion in cumulative net inflows since launch, but marks a reversal after a run of positive months.
Flows turned positive again in July. Every U.S. trading session that month closed with net inflows into Solana ETFs, and the funds have pulled in more than $1 billion in cumulative net inflows since their October 28, 2025, launch, per SoSoValue figures.
Geopolitical Risk Remains the Wildcard
Renewed hostilities between the United States and Iran have added a separate layer of pressure on crypto markets in recent days. U.S. strikes near Bandar Abbas and President Trump’s declaration that a prior ceasefire was over pushed Bitcoin, Ether and Solana lower in tandem last week as traders reduced exposure to risk assets.
A further escalation, or a shift in Federal Reserve rate expectations tied to rising oil prices, could widen the gap between Solana’s current price and the levels Ansem and Van de Poppe are targeting.
