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Solana Tumbles Below $146—Even as First U.S. SOL Staking ETF Nears Launch

Solana Tumbles Below $146—Even as First U.S. SOL Staking ETF Nears Launch

Author:
CoindeskEN
Published:
2025-07-01 20:26:46
6
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Solana Drops Below $146 Despite Imminent Launch of First U.S.-Based SOL Staking ETF

Crypto's rollercoaster continues: Solana defies bullish ETF hype with a dip below $146. Wall Street's latest crypto packaging fails to impress the market—again.

Staking ETF incoming, but SOL shrugs. The much-hyped U.S. SOL staking ETF—a first of its kind—is barreling toward launch. Yet Solana's price action looks more like a 'sell the news' meme than a victory lap.

Institutional adoption meets retail skepticism. Traders seem unimpressed by Wall Street's attempt to repackage staking rewards as an ETF product. Meanwhile, crypto natives yawn and keep stacking SOL the old-fashioned way.

Another day, another disconnect between crypto fundamentals and price. The SOL staking ETF could bring fresh capital... or just another way for finance suits to take their cut. Either way, the blockchain keeps humming along.

|Square

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