Prediction markets put the probability at 15%: Will Solana reach $110 in August. Currently, markets see this as unlikely (15% YES). The 169% APY headline frames the week, but first, the Solana question.
Solana traded near $87.64 on Aug 20, 2026, up 13.24% over 24 hours and 15.06% across the prior week, lifting its market capitalization to roughly $51.1 billion on circulating supply of 583 million SOL. That marks a sharp recovery from early August, when SOL sat near $73.90 on Aug 10 and struggled through July to clear the $80 round-number supply zone that had repeatedly capped bulls since July 9. For Solana to reach $110 in August, the token would need to add roughly another 25% before month-end, clearing resistance that has held firm through the summer. [Changelly, Aug 20]
The August rally has been underpinned by institutional inflows and record on-chain throughput. Morgan Stanley's newly listed spot Solana ETF drew $19 million in a single day, per Cryptonews, while the network logged a record of more than one billion transactions in a single week, according to Finbold. Analysts at Coinpedia have framed a decisive breakout above $110 as the technical gateway toward a longer-run path to $500 in 2026, positioning that level as the key wall for any sustained bull case. The ETF flows and transaction record supply the fundamental fuel behind the more aggressive Solana price forecasts. [Manila Times, Aug 10]
Near-term model targets, however, sit below the $110 threshold: Changelly's August range spans a minimum of $86.44, an average of $91.26 and a maximum of $96.07, implying limited headroom within the remaining days of the month. Earlier caution from Bitget on Jul 31 questioned whether Solana could even hold $60 amid extended losses, underscoring how quickly momentum has shifted. Whether Solana can reach $110 in August now hinges on sustained ETF demand and a clean break above the $96 zone; absent an acceleration in inflows, most published August ranges point to a close beneath the level, keeping the near-term test of $110 an outside case. [Bitget, Jul 31]
Lower-volume market on Polymarket ($57K). Wider spreads expected — enter with limit orders and be aware of slippage risk. Currently 15c YES.
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