SOL Price Prediction: Will SOL Hit $200 Amid ETF Frenzy?

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SOL Price Prediction

SOL Technical Analysis: Bullish Signals Emerge

SOL is currently trading at 155.98 USDT, slightly above its 20-day moving average (MA) of 155.5460, indicating a potential bullish trend. The MACD (12,26,9) shows a negative value (-2.1879), suggesting some short-term bearish momentum, but the Bollinger Bands reveal that the price is closer to the middle band (155.5460) than the lower band (141.5599), which could signal stability. According to BTCC financial analyst Ava, ''SOL''s technical indicators are mixed, but the proximity to the MA and the Bollinger Bands'' middle line hints at consolidation before a possible upward move.''

Market Sentiment: SOL''s ETF Hopes Fuel Optimism

Recent headlines highlight Solana''s growing adoption, including Kraken''s plans to launch 24/7 tokenized stock trading on solana and a 90% ETF approval probability. BTCC financial analyst Ava notes, ''The combination of institutional interest (like R3''s partnership) and bullish news (ETF speculation) is driving positive sentiment. However, traders should watch for volatility as SOL tests key resistance levels.''

Factors Influencing SOL’s Price

Solana’s Evolution from Little Beginnings to Stardom

Solana has cemented its position as a leading layer-1 blockchain, attracting decentralized platforms, memecoins, and crypto projects. Speculation about a potential solana ETF has further fueled interest in its native token, SOL.

SOL’s price rebounded sharply from an April low of $95 to surpass $160 by early June. The resurgence stems from renewed ecosystem activity, memecoin and NFT traction, and growing DeFi adoption. ETF rumors have added narrative momentum.

As SOL gains prominence, tools for real-time price tracking against fiat currencies are becoming essential for portfolio management.

Solana Climbs 4.74% as Trading Volume Cools, ETF Approval Odds Hit 90%

Solana has extended its rally for six consecutive days, breaching its 50-day moving average amid cooling trading volumes. The decline in both spot and futures activity suggests a potential accumulation phase, with institutional and retail investors positioning for upcoming catalysts.

Market sentiment received a significant boost from Bloomberg analyst Eric Balchunas, who now assigns a 90% probability to Solana ETF approval. This regulatory Optimism is overshadowing typical volume patterns, creating an unusual market dynamic where reduced activity coincides with price appreciation.

CryptoQuant''s bubble chart analysis confirms the volume contraction, with spot indicators turning green while futures remain neutral. The divergence between price action and trading activity points to a market awaiting decisive developments rather than exhibiting organic demand.

Solana Tests Key Support Amid Market Turbulence as ETF Hopes Emerge

Solana (SOL) is clinging to the $140 support level after a week-long crypto market selloff that erased $1 billion in leveraged positions. The asset has slid 17% from its June 11 peak of $168, with analysts warning a breakdown below $140 could trigger a 30% plunge toward $100.

Market-wide liquidations hit $131 million in the past 24 hours as traders continue profit-taking amid macroeconomic uncertainty. SOL showed resilience during Friday''s bloodbath, rebounding precisely from the $140 level that analyst Ali calls "make or break" for bullish momentum.

Speculation grows around potential SEC approval for crypto ETFs, including Solana-focused products. Bloomberg Intelligence analysts suggest staking and altcoin ETFs may receive regulatory clearance as early as July, potentially reversing current bearish sentiment.

Kraken to Launch 24/7 Trading of Tokenized U.S. Equities on Solana

Kraken is set to revolutionize traditional finance with the introduction of xStocks, a new service enabling 24/7 global trading of tokenized U.S. equities. Over 55 stocks and ETFs, including Apple, Tesla, and Nvidia, will be available as tokens on Solana, integrating with its top DeFi applications.

The move comes amid a regulatory shift in the U.S., with President TRUMP easing crypto rules. Kraken''s bold initiative follows years of legal challenges with the SEC, marking a significant step in the exchange''s evolution.

xStocks will launch in the coming weeks, offering investors unprecedented access to round-the-clock trading of major equities. The service underscores Kraken''s commitment to bridging traditional and decentralized finance.

Kraken to Offer Tokenized Stock Trading for Non-US Users via Solana and Backed

Kraken is set to launch tokenized stock trading for non-US users, expanding access to US equities through digital assets. The service, developed with Backed, will feature shares of major companies like Apple, Tesla, Meta, and Nvidia.

Branded as "xStocks," the offering will integrate with Solana-based DeFi protocols, enabling 24/7 trading across Europe, Latin America, Africa, and Asia. This MOVE aligns with growing institutional demand for seamless crypto-equity hybrids.

Kalshi Prediction Market Now Accepts SOL Deposits Through Zero Hash Partnership

U.S.-regulated prediction platform Kalshi has integrated Solana deposits in collaboration with crypto infrastructure provider Zero Hash. The move marks the first time users can fund accounts directly with SOL, bypassing traditional fiat gateways.

Zero Hash will handle transaction processing, USD conversion, and regulatory compliance for the SOL deposits. The integration targets Kalshi''s crypto-savvy user base, aiming to boost activity on crypto-related event contracts. As a CFTC-regulated venue, Kalshi''s adoption of SOL signals growing institutional recognition of Solana''s payment utility beyond speculative trading.

Solana MACD Curling Up – Is This The Prelude To A Breakout?

Solana (SOL) is exhibiting renewed bullish momentum as technical indicators flash early signs of a potential breakout. The weekly chart shows the MACD curling upward with a recent crossover above the signal line—a classic precursor to significant price movements.

Market analyst Willjayducks highlights a critical bearish divergence that preceded Solana''s recent correction. The discrepancy between price action and weakening RSI/MACD readings during its blow-off top phase now gives way to rebuilding momentum. Traders are positioning for what could be the start of a sustained rally.

Solaxy''s Layer 2 Ambitions Face Scrutiny as Wall Street Ponke Gains Traction

Solaxy, touted as Solana''s first LAYER 2 solution, struggles to justify its necessity amid the blockchain''s inherent speed and low-cost advantages. Analysts highlight a lack of demonstrable utility improvements over Solana''s native capabilities, casting doubt on its long-term viability.

Meanwhile, Wall Street Ponke emerges as a magnet for speculative capital, with its toolkit-focused offering and rapid fundraising pace fueling 100x gain expectations. The divergence underscores a market increasingly prioritizing tangible use cases over theoretical scaling narratives.

Solana (SOL) Eyes Breakout Above $190 as Bulls Take Control

Solana''s SOL token is gaining momentum, trading above $180 with a 3% surge in the past 24 hours. Market sentiment is shifting bullish as the long/short ratio climbs above 1 for the first time since May 8, signaling renewed confidence among futures traders.

The altcoin''s upward trajectory appears poised to continue, with technical indicators and derivatives data aligning for potential further gains. A long/short ratio of 1.01 reflects more traders betting on price appreciation than decline—a notable reversal from previous weeks.

R3 and Solana Foundation Forge Strategic Alliance to Bridge Traditional and Decentralized Finance

R3, a leader in enterprise blockchain solutions, has partnered with the Solana Foundation in a move designed to merge private and public blockchain infrastructures. The collaboration aims to enhance institutional participation in digital capital markets by combining R3''s regulated, private blockchain technology with Solana''s high-performance public network.

The initiative focuses on facilitating the integration of traditional financial institutions with tokenized real-world assets (RWAs), potentially unlocking new liquidity pools and investment opportunities. This strategic alignment underscores the growing convergence between institutional finance and decentralized ecosystems.

Solana Gears up to Disrupt the Mobile Status Quo With Seeker

Solana Mobile is set to challenge the existing mobile phone ecosystem with two key announcements. The Seeker phone, its second hardware development, will begin shipping on August 4. Alongside this launch, a new platform named TEEPIN will debut, featuring an ecosystem token at its core.

The move signals Solana''s ambition to expand beyond blockchain infrastructure into consumer hardware, leveraging its crypto-native community. The Seeker phone follows the Saga device, which gained attention for its Web3 integration and crypto incentives.

Will SOL Price Hit 200?

SOL''s path to $200 depends on both technical and fundamental factors. Below is a summary of key data:

Ava from BTCC states, ''A breakout above the upper Bollinger Band (169.53) could open the door to $190, but $200 requires sustained bullish momentum and ETF approval confirmation.''

• Technical Outlook: SOL''s position above the 20-day MA suggests short-term bullishness, but MACD warns of caution.
• ETF Catalyst: A 90% approval chance could propel SOL past resistance levels.
• Adoption Boom: Kraken''s tokenized equities and R3''s partnership add long-term credibility.