SOL Price Prediction: Will the ETF Hype Drive a Rally or Is Further Downtrend Ahead?

#SOL

• Technical Outlook: SOL shows oversold conditions but needs to reclaim 20-day MA for bullish confirmation
• ETF Catalyst: VanEck's VSOL listing on DTCC signals 91% approval probability
• Ecosystem Growth: $10M AI fund and Kraken's stock tokenization may drive long-term adoption

SOL Price Prediction

SOL Technical Analysis: Key Indicators and Trends

According to BTCC financial analyst Olivia, SOL is currently trading at 147.05 USDT, below its 20-day moving average (MA) of 152.5745, indicating a short-term bearish trend. The MACD (12,26,9) shows a negative histogram at -3.5379, suggesting weakening momentum. Bollinger Bands indicate SOL is NEAR the lower band (141.2385), which could act as support. Olivia notes that if SOL holds above this level, a rebound towards the middle band (152.5745) is possible.

Market Sentiment: Mixed Signals for SOL Amid ETF Buzz and Network Growth

BTCC financial analyst Olivia highlights conflicting market sentiment for SOL. Positive developments like VanEck's solana ETF (VSOL) listing on DTCC and Gradient Network's $10M funding for AI on Solana suggest institutional interest. However, SOL's price remains sluggish despite ETF approval odds surging to 91%. Olivia cautions that while long-term fundamentals are strong, short-term volatility may persist due to macroeconomic factors and trader skepticism.

Factors Influencing SOL’s Price

Solana’s Weekly Losses Mount Up – Will SOL Price Slide Further?

Solana faces mounting weekly losses as technical indicators turn bearish. The Ichimoku Cloud and EMA structures suggest persistent downward pressure, with key resistance levels holding firm and support zones under threat. A clear reversal appears necessary to stem the slide.

Momentum wanes as Solana's Relative Strength Index (RSI) plunges to 40.77 from 64.25 in just 48 hours. The sharp decline reflects accelerating selling pressure and eroding bullish sentiment. Traders now eye the 40 RSI threshold—a breach could signal deeper losses, while stabilization might precede consolidation.

The cryptocurrency's technical posture darkens as the bearish Ichimoku structure reinforces selling pressure. Market participants await either capitulation or reversal signals before committing to new positions.

VanEck’s Solana ETF (VSOL) Listed on DTCC, Hinting at Launch

VanEck's solana ETF, trading under the ticker VSOL, has appeared on the Depository Trust & Clearing Corporation (DTCC) website, signaling a potential near-term launch. This development marks a significant step toward institutional adoption of Solana-based investment products.

The listing suggests regulatory progress for crypto ETFs beyond Bitcoin and Ethereum, potentially opening new avenues for altcoin exposure in traditional markets. Market observers view this as a bullish indicator for Solana's ecosystem and broader altcoin liquidity.

Gradient Network Secures $10M Seed Funding to Decentralize AI on Solana

Gradient Network, a decentralized artificial intelligence infrastructure project built on Solana, has closed a $10 million seed funding round led by Pantera Capital and Multicoin Capital. The investment signals growing institutional confidence in blockchain-based AI solutions as the sector grapples with centralization risks.

The funding will support Gradient's vision for a "machine internet" powered by decentralized primitives—compute, communication, and orchestration layers that challenge the dominance of centralized AI platforms. "Current AI capabilities are concentrated in a few hands, creating unacceptable risks of privacy violations and monopolistic control," the project stated in a blog post accompanying the announcement.

Two new protocol components—Lattica and Parallax—were unveiled alongside the funding news, though technical details remain undisclosed. The developments come as crypto-native projects increasingly position decentralized infrastructure as the antidote to Big Tech's AI hegemony.

USELESS Token Surges 2,000% as Crypto's Latest Meme Cult Coin

The Solana-based USELESS coin, a memecoin with no utility or roadmap, has skyrocketed 2,000% in two weeks, peaking at a $100 million market cap. Its ironic 'literally useless' pitch has attracted 12,000 holders and $23 million in daily volume, embodying the speculative frenzy around joke tokens.

Unlike Dogecoin or Pepe, USELESS lacks a mascot but thrives on community-driven irony. 'Every memecoin is technically useless... yet here we are,' remarked a backer, highlighting its absurd appeal. The token’s rise underscores crypto’s appetite for narratives, however hollow.

VanEck Registers Spot Solana ETF Ticker with DTCC as SEC Decision Looms

VanEck has taken a concrete step toward launching a spot Solana ETF, registering the fund's ticker (VSOL) with the Depository Trust & Clearing Corporation. The move comes amid a flurry of SOL ETF applications from major asset managers including Fidelity, Franklin Templeton, and 21Shares.

Market sentiment appears divided on approval prospects. Polymarket's prediction odds have swung dramatically from 71% to 55% within weeks, while Bloomberg's James Seyffart maintains a bullish 90% probability estimate. Seyffart notes the SEC's acknowledgment of 19b-4 filings and suggests regulators may view SOL as a commodity rather than a security.

The ETF landscape continues its explosive growth in 2025, with over 800 new funds launched year-to-date according to Bloomberg data. This institutional momentum bodes well for crypto-based products, though Solana faces stiffer regulatory headwinds than Bitcoin or ethereum ETFs encountered.

Pump.fun Faces Backlash Over $741M Fees and Scam Allegations

Pump.fun, a Solana-based meme coin launchpad, has come under fire after amassing $741 million in fees from the sale of 4.1 million SOL tokens. The platform's rapid growth has been overshadowed by accusations of facilitating high-risk speculative coins, some tied to disturbing live stream incidents and alleged scams.

Crypto influencer Bitlord lambasted Pump.fun in a recent post, claiming the platform extracted $20 billion from the ecosystem through scams. "The application is a disease responsible for mass killings and suicides on livestream," Bitlord wrote, calling for its removal from the internet.

Blockchain analytics firm LookOnChain reports the $741 million fee haul began accumulating in May 2024. The controversy highlights growing tensions between innovation and accountability in decentralized finance.

Solana ETF Approval Odds Surge to 91% Following VanEck's VSOL DTCC Listing

VanEck's Solana ETF (VSOL) has been listed on the DTCC under the 'active and pre-launch' category, signaling institutional momentum for SOL. While not yet tradable, the listing represents a critical step toward SEC approval and potential exchange trading.

Bloomberg ETF analysts note the SEC's engagement with Solana staking ETF filings as a positive indicator, though approval timelines remain uncertain. Multiple asset managers including Bitwise and Franklin Templeton are now competing to launch Solana-based products.

The development follows the SEC's recent directive for issuers to submit amended S-1 filings, suggesting active regulator dialogue with fund sponsors. Market sentiment appears bullish, with Polymarket odds reflecting 91% confidence in eventual approval.

Solana (SOL) Tests Support After Dip — Bounce or Breakdown Ahead?

Solana's price action mirrors broader market weakness as it retreats from the $160 resistance level. The SOL/USD pair now faces critical tests at $145 support after breaking its bullish trendline, with technical indicators suggesting potential for either recovery or further downside.

Trading volume patterns and Fibonacci retracement levels paint a mixed picture. A decisive close above $152 could signal renewed bullish momentum, while failure to hold $145 may accelerate selling pressure. Market participants await the next directional move as Solana consolidates NEAR technically significant levels.

Solana ETF Buzz Fails to Stir Bullish Momentum Despite Institutional Interest

Solana (SOL) edged 1% higher Tuesday after a sluggish market open, trading above $150 amid growing speculation about spot ETF approvals. Eight asset managers including CoinShares, Grayscale, and Fidelity have filed S-1 applications, with Bloomberg analysts assigning 90% approval odds. The filings follow Galaxy Digital's $63 million SOL staking expansion, signaling institutional accumulation.

Derivatives data reveals fading Optimism - Monday's price retreat triggered $2.8 million in long liquidations, dragging open interest down 7%. The market appears to discount ETF prospects despite CoinShares becoming the eighth issuer to seek SEC approval. SOL's 30-day volatility sits at 54%, below June's 82% peak, suggesting tempered expectations.

Galaxy Digital's latest staking MOVE brings its total SOL holdings to 4.2 million tokens ($630 million), making the firm a top-five validator. Such institutional positioning contrasts with retail traders' caution, creating a divergence that typically precedes major price movements.

Kraken to Tokenize Major US Stocks Including Apple and Tesla on Solana

Kraken, the second-largest crypto exchange in the US by trading volume, is expanding its offerings with xStocks—a suite of tokenized traditional finance assets. The new product, developed in partnership with BackedFi, will provide exposure to blue-chip stocks like Apple, Tesla, and Nvidia alongside major ETFs, all accessible via Solana's blockchain.

Despite its US-centric operations, Kraken confirmed these tokenized assets will initially bypass American markets, targeting international users instead. The move signals a strategic push to bridge TradFi and crypto infrastructure, offering 24/7 trading with crypto-native efficiency.

R3's Corda Partners with Solana to Bridge Permissioned and Public Blockchains

R3's Corda, a distributed ledger technology platform tailored for financial institutions, has announced a strategic partnership with the Solana Foundation. The collaboration aims to connect Corda's permissioned blockchain environment with Solana's permissionless network, marking a significant convergence of private and public blockchain infrastructures.

Corda's architecture prioritizes privacy and compliance, ensuring transactions are visible only to authorized participants—a critical feature for regulated financial entities. The platform also supports asset tokenization, enabling traditional financial instruments to be represented as digital tokens on its blockchain.

This partnership signals growing institutional recognition of public blockchain capabilities. Solana's high-performance network may provide Corda users with enhanced liquidity and interoperability options while maintaining the enterprise-grade controls required by financial institutions.

How High Will SOL Price Go?

Olivia projects two scenarios for SOL:

Key resistance: 20-day MA at 152.57. A daily close above this could confirm trend reversal.

147.05

152.57

-3.54