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Solana Price Prediction: Wall Street Quietly Goes All-In as $417M Floods Into New Bitwise ETF

Solana Price Prediction: Wall Street Quietly Goes All-In as $417M Floods Into New Bitwise ETF

Author:
Cryptonews
Published:
2025-11-03 22:59:00
11
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Wall Street's latest crypto move just dropped—and it's screaming Solana.

The Institutional Floodgates Open

Bitwise's new SOL ETF just pulled in $417 million faster than you can say 'blockchain.' That's not pocket change—that's institutional money voting with its wallet.

Quiet Accumulation or Loud Statement?

While retail traders chase memecoins, the big players are building positions. No press conferences, no flashy announcements—just nine figures moving into SOL exposure.

The Regulatory Dance Continues

SEC approval for a spot SOL ETF remains elusive, but Wall Street found its backdoor. Because nothing says 'innovation' like financial institutions recreating the very structures they disrupted.

Solana's price prediction? When this much money moves this quietly—someone knows something the rest of us don't.

Solana Price Prediction: Wall Street Could Spark the Next Major Rally

With the consensus among analysts expecting spot Solana ETF approvals this month, sidelined institutional demand could fuel an escape from a 7-month ascending channel.

SOL / USD 1-day chart, descending triangle fuels ascending channel. Source. TradingView.

SOL / USD 1-day chart, descending triangle fuels ascending channel. Source. TradingView.

The altcoin now tests a strong confluence of support and a potential launchpad setup, with the channel’s lower boundary meeting a historic demand zone at $175.

This zone also forms a descending triangle, now nearing its apex, creating a decisive moment for November’s price action.

Momentum indicators remain mixed. The MACD histogram has crossed below the signal line, a typical early downtrend signal, while the RSI sits NEAR a historical bottom around 33, suggesting limited downside room.

Losing $175 could open the door for a 30% drop to $120, but holding it may prepare SOL for another breakout attempt.

The $300 level remains the key breakout threshold. A successful flip of that resistance into support could mark the start of a new uptrend,for a potential 185% gain.

Still, with Solana entering corporate balance sheets and institutional exposure deepening through spot ETFs, the rally could extend another 470%, pushing the.

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