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SOL Soars Past $200: ETF Frenzy Ignites 12% SOL Price Rally

SOL Soars Past $200: ETF Frenzy Ignites 12% SOL Price Rally

Author:
Coingape
Published:
2025-07-22 06:36:12
16
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Solana rockets into triple digits as Wall Street whispers turn to shouts.

ETF mania strikes again—this time, SOL's the beneficiary. The 'Ethereum killer' just punched through $200 on a 12% surge, proving even degens get institutional FOMO.

Wall Street's latest crypto crush? Traders are piling into SOL amid rumors of a looming ETF filing. Because nothing legitimizes a blockchain like forcing it into a 20th-century financial wrapper.

This isn't Solana's first rodeo—the network's survived outages, memecoins, and Sam Bankman-Fried's entire existence. Now it's gunning for Bitcoin and Ethereum's ETF privilege.

Will regulators play ball? Doesn't matter today. Right now, SOL's riding that sweet, speculative liquidity wave straight to the next resistance level.

Solana Price Breaks $200 as SOL ETF Buzz Triggers 12% Surge

Solana (SOL) Price today has made a powerful comeback, jumping over 12% in the past 24 hours to trade above $200, a level it hasn’t touched since February. This rally is not just another price spike. It’s being seen as a signal of growing investor confidence, deepening liquidity, and renewed interest in the solana ecosystem.

SOL Price is currently trading around $203 after a steep 12% rise. This marks a major psychological and technical milestone for the asset, showing that buyers are stepping back in with conviction. The move was supported by over $12 billion in daily volume, as data from Binance indicates, making Solana one of the most actively traded cryptocurrencies today.

Why Solana Price is Up Today?

Solana’s price jump is getting a boost from excitement around the upcoming launch of Block Assembly Marketplace, which promises faster and fairer transactions on the network. At the same time, big players like DeFi Development Corp are buying large amounts of SOL, adding to the HYPE and showing growing trust in the project’s long-term potential.

VanEck Solana Spot ETF(VSOL) is listed on DTCC website. It means the spot ETF approval is so close.$SOL to $1500🚀🚀

LFG! pic.twitter.com/2ejdMZ9S7v

crypto Hedgehog (@kirpullah) July 22, 2025

Moreover, Capital inflow into Solana-backed funds has also surged this week, crossing the $40 million mark and lifting total assets under management to about $1.8 billion. Adding to the excitement, one crypto user Crypto Hedgehog shared that the VanEck Solana Spot ETF (VSOL) has officially appeared on the DTCC (Depository Trust & Clearing Corporation) website. 

This listing is often seen as a key step before approval, fueling strong speculation that a U.S.-based Solana spot ETF could be approved very soon. Though still a rumor, this ETF buzz is giving a breakout signal to traders. 

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What’s Next for SOL Price?

If Solana maintains momentum above $200, the next key resistance is expected around $220. However, analysts also warn of a possible pullback, with technical indicators showing the asset in overbought territory. 

A brief correction could take prices back toward $185 before the next leg up. However, On‑chain data from Glassnode highlights over 8 million SOL accumulated NEAR the $190 mark, confirming this as a critical resistance level. 

Once Solana $SOL breaks above $189, there’s little standing in the way of a continued rally. pic.twitter.com/IOwvdPMMJ7

— Ali (@ali_charts) July 21, 2025

Crypto analyst Ali highlighted that Solana needs to stay above the $189 mark; there’s not much in its way to keep climbing higher. In other words, breaking past that level could open the door for a strong rally, since there aren’t many price barriers above it. It’s a sign that momentum is building and the market could push Solana even higher from here.

Still, the sentiment remains strong as capital rotates from Bitcoin to altcoins—making Solana one of the top gainers in this shift.

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FAQs

What are the key reasons behind Solana’s price jump today?

Solana’s rally is fueled by anticipation for the Block Assembly Marketplace launch, significant institutional buying from firms like DeFi Development Corp, and surging capital inflows into Solana-backed funds.

Is there a Solana spot ETF coming soon?

Speculation for a U.S.-based Solana spot ETF is strong after the VanEck Solana Spot ETF (VSOL) appeared on the DTCC website, often a precursor to approval.

What are the next price targets and resistance levels for SOL?

If SOL maintains above $200, the next key resistance is around $220. However, a pullback to $185 is possible due to overbought technical indicators and significant accumulation near $190.

Will Solana reach a new ATH in 2025?

According to our solana price prediction 2025, the altcoin might chug up to a maximum of $400 by 2025.

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