SOL Price Prediction: SEC Reviews Franklin Spot Solana ETF Amid Whale Accumulation – $250 Next?

SEC greenlights Franklin's Solana ETF review as whales gobble up SOL tokens—market momentum builds toward potential $250 breakthrough.

Regulatory Shift

The Securities and Exchange Commission just opened the door to Franklin Templeton's spot Solana ETF application. That move signals growing institutional acceptance—and puts SOL squarely in the ETF spotlight alongside Bitcoin and Ethereum.

Whale Activity Surge

Major holders aren't waiting around. They're accumulating SOL aggressively, betting big on both the ETF approval and Solana's scaling advantages. Network activity spikes confirm the smart money's positioning.

Price Trajectory

Technical indicators scream bullish. Breaking past resistance levels could propel SOL toward that $250 target—a move that'd make traditional finance folks scratch their heads while counting their missed opportunities.

Market Impact

Another crypto ETF would further blur the line between traditional finance and digital assets—not that Wall Street ever needed help creating new speculative products. Solana's speed and lower costs give it an edge where it counts: actual usage.

Watch the SEC's next move. Approval could send SOL soaring—rejection would test the network's resilience. Either way, the whales aren't waiting for permission.

SEC’s Final Call: November Deadline Could Ignite 99% SOL Rally Odds

The SEC decision marks the second extension after an initial April delay moved the timeline to June, when formal review proceedings began with a mandatory 180-day decision window.

The Block Intelligence data now shows that other major players like Grayscale, VanEck, and 21Shares have all submitted Solana ETF proposals.

Most applicants have strengthened their submissions through amended filings, yet face similar delays with October decision deadlines.

Market confidence in a Solana rally is now high, with Polymarket showing 99% odds favoring Solana ETF approval by year-end 2025.

Data from Arkham Intelligence also reveal that four freshly created Solana wallets have received 222,644 SOL worth $48.2 million from Coinbase Prime, with each receiving 55,661 SOL, suggesting all addresses belong to one entity accumulating SOL.

On September 8, Forward Industries announced a $1.65 billion private placement in cash and stablecoin commitments to accumulate Solana in a round led by Galaxy Digital, Jump Crypto, and Multicoin Capital.

Similarly, DeFi Development Corp recently added another 196,141 Solana (SOL) to its treasury, spending nearly $39.76 million to expand its total holdings to just over 2.02 million SOL, now valued at approximately $444 million.

BingX investment advisor Nebraskan Gooner has revealed an analysis that Solana is now halfway to a measured pattern breakout towards $250.

$SOL

Halfway to that $250 measured target. Pushing nicely. https://t.co/lXuNHygTei pic.twitter.com/XQPAOrsqyp

SOL Price Prediction: Technical Breakout Targets $250 Highs

On the technical front, the SOL/USDT chart shows that Solana is in a strong bullish phase after the price recently surged past the key resistance level around $200 and is currently trading NEAR $221.

The most notable feature is the projected upward trajectory indicated by the blue arrows, suggesting potential targets at the 1.314 extension around $250-260, and ultimately toward the 1.618 extension near $280.

The 2.144 extension level around $320 represents an even more ambitious target if the current momentum sustains.

Any failure to hold above the $200 level could signal a retreat back toward the $180-190 zone before attempting another leg higher.

Snorter Bot Presale Benefits from Solana Ecosystem Price Rally

Now that SOL is back on the radar, memecoins on the Solana network are enjoying significant pumps.

The token of popular memecoin launchpad PumpFun (PUMP) has already gained over 120% this week, and other Solana-based memecoins like FARTCOIN, BONK, and PENGU are showing signs of revival.

However, investors are looking for tokens with the best upside potential during this period, which is where presale tokens building solid projects attract the most capital rotation.

That’s where Snorter Bot ($SNORT) comes in, using Telegram to offer traders and investors a superior trading bot with low fees and a sniper bot that helps holders identify new meme coins and acquire the coins safely on ethereum and Solana.

Snorter Token ($SNORT) is the native asset behind the Snorter bot, and investors have already poured in over $3.84 million to secure their share.

The presale window is still open, with each SNORT token selling for $0.1039, which is set to increase when the round crosses the $4.28 million raise.

Visit the Snorter Bot Token site and secure an allocation before the round closes using SOL, ETH, BNB, USDT, USDC, or even a credit card.