SOL Price Prediction: Is $200 Next as Bulls Eye Breakout?

#SOL

• Technical Strength: SOL trades above key moving averages with Bollinger Band expansion signaling volatility.
• ETF Catalyst: First U.S. Solana Staking ETF could attract institutional inflows.
• Price Targets: $168 resistance break may open path to $180-$200 amid bullish momentum.

SOL Price Prediction

SOL Technical Analysis: Bullish Signals Emerge

SOL is currently trading at 157.06 USDT, above its 20-day moving average of 146.7330, indicating a bullish trend. The MACD shows a negative value (-2.0374), suggesting some short-term bearish momentum, but the price remains strong. Bollinger Bands indicate that SOL is approaching the upper band at 160.5648, which could act as resistance. According to BTCC financial analyst Olivia, 'SOL's position above the middle Bollinger Band and 20-day MA signals potential for further upside if it breaks through the upper band.'

Market Sentiment Heats Up for SOL Amid ETF Buzz

The launch of the first-ever solana Staking ETF in the U.S. and a $12B market cap surge are driving bullish sentiment. News headlines highlight SOL's potential to break $168 and even target $180-$200. BTCC financial analyst Olivia notes, 'The ETF hype and institutional interest are fueling optimism, but traders should watch for resistance at $160.56 and $168.'

Factors Influencing SOL’s Price

First-Ever Solana Staking ETF in the U.S. Set to Launch

Solana's price surged nearly 4% following the announcement of the first U.S.-based solana staking ETF, set to begin trading under the ticker SSK. The REX-OspreySOL + Staking ETF offers investors dual exposure to SOL's price action and on-chain staking rewards, marking a milestone for yield-generating crypto products.

The ETF bypasses traditional SEC approval hurdles by leveraging a C-corporation structure under the Investment Company Act of 1940. This innovative approach sidesteps staking-related regulatory concerns that have delayed other crypto ETF applications, with REX Shares having received informal SEC clearance prior to launch.

Market reaction was immediate, with Solana outperforming major cryptocurrencies within the hour. The product's unique value proposition combines the liquidity of traditional ETFs with Web3-native yield mechanics, potentially setting a precedent for future crypto investment vehicles.

Solana ETF Buzz Drives $12B Market Cap Surge as Price Targets $168 Resistance

Solana's market capitalization surged $12 billion amid growing anticipation for the first-ever Solana staking ETF. REX Shares' upcoming launch has propelled SOL to $151, marking a 16% weekly gain, with technical indicators suggesting the rally could breach the critical $168 resistance level.

The cryptocurrency's total market cap now stands at $80.55 billion, up 17.9% as institutional interest grows. Bloomberg ETF analyst Eric Balchunas noted the significance of this development as regulatory approval appears imminent.

REX Shares' innovative ETF structure combines SOL exposure with staking rewards, potentially creating a new paradigm for yield-generating crypto products. Market sentiment has shifted decisively bullish as Solana outperforms broader crypto market trends.

Kraken Launches On-Chain Trading for Tokenized US Equities, Excludes US Customers

Kraken has expanded its on-chain trading offerings with the launch of tokenized US equities, though US customers are notably excluded from participation. The exchange now provides international traders access to 60 US equities, including top tech stocks like GOOG, NVDA, and MSFT, through its partnership with BackedFi. These tokenized shares, known as XStocks, are fully composable within the Web3 ecosystem, enabling advanced trading strategies such as AI-driven bots and seamless swaps.

The MOVE follows Kraken's earlier collaboration with BackedFi to introduce tokenized stocks on Solana. Bybit will also list XStocks, broadening accessibility. However, the offering remains unavailable in several key jurisdictions, including Canada, Australia, the EU, and the UK, as well as to US persons. Kraken's announcement underscores its ambition to pioneer on-chain financial markets, declaring, "We’re not waiting for the future. We’re building it."

Bandit’s Badchain Launches $1 Million Growth Fund to Power Web3 Adoption

Bandit’s Badchain, a Solana-based Memetic Appchain, has unveiled a $1 million growth fund aimed at accelerating Web3 adoption. The initiative, part of the Brave Rewards 3.0 Partner Program, will select 20 Web3 projects to leverage Brave’s 88 million monthly active users through its private advertising ecosystem.

The fund underscores Bandit’s commitment to community engagement and exposure within the Web3 space. Badchain, engineered by Bandit Network, serves as a launchpad for scalable campaigns, combining infrastructure with community-driven growth.

Brave’s ecosystem, boasting 38 million daily active users and 1.4 billion monthly search queries, offers high-impact placements for brands. This collaboration signals a strategic push to bridge attention with actionable Web3 adoption.

Top 3 Crypto Airdrops For the First Week of July

Zama, a blockchain service specializing in Fully Homomorphic Encryption (FHE) technologies, leads this week's crypto airdrops. The project, backed by $130 million from investors like Pantera Capital and Solana's Anatoly Yakovenko, has surpassed a $1 billion valuation. Its public testnet launches on July 1, with participation requiring Discord community engagement.

The airdrop campaign targets select farmers, reflecting Zama's focus on blockchain and AI applications. The Series B funding round, led by Pantera Capital and Blockchange VC, underscores institutional confidence in its cryptographic innovations.

Ondo Predicts 2025 Will Be 'Year of Tokenized Stocks' After Partnership with Trust Wallet, 8 Other Firms

Ondo Finance has formed the Global Markets Alliance with nine major crypto firms, including Solana Foundation, BitGo, and Trust Wallet, to standardize tokenized securities and enhance cross-platform access to traditional financial products. The alliance addresses interoperability challenges in tokenized asset markets, with participants contributing specialized services such as wallet integration, institutional custody, and regulatory compliance.

Ondo's native token rose 1.5% following the announcement, breaking through a key resistance level at $0.765. The collaboration precedes the launch of Ondo Global Markets, a platform aimed at providing tokenized exposure to U.S. publicly traded securities for cryptocurrency wallets and applications.

The initiative signals growing institutional interest in bridging traditional finance with blockchain technology, with 2025 poised to be a pivotal year for tokenized assets.

Solana Price Forecast: SOL Breakout Fuels Optimism Amid ETF Buzz

Solana (SOL) has broken above its descending trendline, signaling a potential shift to an upward trend. The cryptocurrency trades around $151 as of Monday, with technical indicators suggesting a rally toward the $184 resistance level and beyond.

REX Shares has filed for a Solana staking ETF with the SEC, indicating a possible launch in the NEAR future. The proposed REX-Osprey SOL and staking ETF aims to track Solana's performance while generating yield through on-chain staking. Bloomberg's Senior ETF Analyst Eric Balchunas noted that REX Shares has addressed SEC comments, clearing a path for launch.

Market observers speculate the firm is accelerating its timeline to precede potential spot Solana ETFs. The filing has injected fresh Optimism into SOL's price action, with traders eyeing higher targets as institutional interest grows.

Solana (SOL) Poised for Takeoff as Bulls Eye $180 Breakout

Solana has reignited bullish momentum with a decisive move above $162, now consolidating near $175 as traders anticipate a potential push toward $180. The SOL/USD pair shows technical strength, forming a rising channel with support at $172 on hourly charts.

Market activity mirrors broader crypto trends, with Bitcoin and ethereum also displaying renewed upward pressure. Kraken data reveals key resistance at $176—a breakout could trigger accelerated buying. The current consolidation follows a rejection at $180.10, suggesting accumulation before the next leg up.

Pump.fun Deposits $22.8M in SOL to Kraken Amid Resurgent Activity

Pump.fun, the memecoin launchpad, has transferred 105,233 SOL tokens worth $16 million to Kraken on May 3, followed by an additional $22.8 million deposit this week. The platform routinely sends accumulated transaction fees to the exchange every one to two weeks.

This month alone, Pump.fun has sold over $38 million worth of SOL, signaling robust fee generation. The latest transfer's larger volume suggests renewed protocol activity, corroborated by rising daily volumes on Dune Analytics.

Solana’s $185 Target in Sight as Metrics Signal Renewed Momentum

Solana's native token SOL is attracting renewed market attention with a bullish price surge, rising open interest, and growing DeFi TVL. The asset shows technical strength despite overbought conditions suggesting a potential short-term consolidation before further upside.

Futures data reveals mounting conviction, with Solana's Open Interest hitting $6.8 billion - its highest level since March. This resurgence in derivatives activity coincides with improving ecosystem sentiment among both traders and long-term holders.

Solana Price Prediction: Is $200 Next for SOL After Hitting 2-month High?

Solana (SOL) has surged to a 2-month high of $178.33, currently trading around $174.59 with a 47% monthly gain and 20% weekly increase. The rally reflects strong technical momentum, DeFi growth, and bullish market sentiment.

Solana now commands 29% of the DEX market with $3.32 billion in 24-hour volume, showcasing its scalability advantage. The network's rising dominance in decentralized finance highlights its appeal to traders and developers alike.

Is SOL a good investment?

SOL presents a compelling investment opportunity based on technical and fundamental factors:

Olivia from BTCC advises, 'SOL's technicals align with bullish news flow, but watch for a confirmed breakout above $160.56 for higher targets.'

Cryptocurrency investments are volatile. Past performance is not indicative of future results.