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Solana’s Breakthrough: First US Staking ETF Set to Launch

Solana’s Breakthrough: First US Staking ETF Set to Launch

Author:
SOL News
Published:
2025-07-01 20:58:13
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[TRADE_PLUGIN]SOLUSDT,SOLUSDT[/TRADE_PLUGIN]

Solana is making headlines as REX Shares and Osprey Funds prepare to launch the first US-based Solana staking ETF this Wednesday. This innovative product not only offers price exposure but also includes staking rewards, setting it apart from traditional spot ETFs that merely track asset prices. The announcement has already had a noticeable impact on SOL's market performance, with an initial 5% price surge that settled to a 1.3% gain, closing at $151. This development marks a significant milestone for Solana, as it steps into the ETF arena, potentially paving the way for broader adoption and institutional interest. Market participants are optimistic, viewing this as a regulatory green light for further cryptocurrency innovations. The launch could be a game-changer for Solana, reinforcing its position in the competitive crypto market and offering investors a new way to engage with digital assets.

REX-Osprey to Launch First US Solana Staking ETF Wednesday

Solana is poised to enter the ETF arena with REX Shares and Osprey Funds introducing the first US-based solana staking ETF. The product, set to debut Wednesday, combines price exposure with staking rewards—a departure from traditional spot ETFs that merely track asset prices.

The announcement triggered a 5% surge in SOL's price, though gains moderated to 1.3% at $151 by market close. Market participants view the regulatory greenlight as a watershed moment for yield-generating crypto products.

Osprey confirmed the C-Corporation structured fund has completed all regulatory requirements. The offering marks a strategic evolution in crypto investment vehicles, blending capital appreciation with blockchain-native yield mechanisms.

Paxos Launches MiCA-Compliant USDG Stablecoin for European Market

New York-based Paxos has expanded its Global Dollar (USDG) stablecoin to Europe, offering 450 million consumers across 30 countries access to the fully regulated digital asset. The MOVE capitalizes on surging demand for dollar-pegged cryptocurrencies in the region, where the total stablecoin market now exceeds $263 billion.

The EU rollout follows Paxos' November 2024 Singapore launch and full compliance with the Markets in Crypto-Assets (MiCA) framework. USDG debuts on major platforms including Kraken, Gate.io, and SwissBorg, with blockchain support spanning Solana, Ethereum, and Polygon networks.

As institutional adoption accelerates, Paxos continues forging partnerships with financial heavyweights—a strategy that's cemented its position as a stablecoin innovator. The 1:1 dollar-backed asset enters a competitive landscape where regulatory clarity increasingly separates contenders from pretenders.

Solana Price Dips Slightly Amid Surging Trading Volume

Solana (SOL) shows resilience despite a minor 0.7% dip to $149.05, as 24-hour trading volume spikes 78.7% to $5.07 billion. The token's consolidation NEAR $148 suggests accumulation, with technical analysts highlighting an ascending trendline supporting upward momentum.

Critical levels emerge at $138.25 support and $159 breakout threshold. Long-term projections diverge wildly, with 2025 forecasts ranging from $155 to $320—a variance reflecting Solana's volatile yet high-potential market position.

The volume-price divergence signals strong underlying demand, with traders anticipating imminent volatility. Market structure resembles a coiled spring, where suppressed price action amidst growing liquidity typically precedes significant moves.

Solana's Jupiter DEX Shatters Volume Records, Fueling SOL Rally and Spotlighting 3 Altcoins for 2025

Solana-based decentralized exchange Jupiter has eclipsed industry giants like Uniswap with a record-breaking $1.5 billion in daily trading volume. This milestone underscores Solana's technical advantages—near-instant settlements and negligible fees—while triggering a price surge for SOL.

The DEX's success creates a virtuous cycle: heightened activity boosts network credibility, attracting fresh capital to Solana's ecosystem. Beyond short-term price action, Jupiter's growth demonstrates how protocolswith real-world utility emerge as sustainable market leaders.

Analysts now scrutinize three under-the-radar altcoins exhibiting similar fundamentals to SOL's pre-rally profile. These projects leverage Solana's high-throughput infrastructure while developing niche use cases—from decentralized storage to prediction markets—positioning them for potential breakouts by 2025.

Solana Price Prediction: SOL Set to Surge as Inverse H&S Pattern Points to $192 Target

Solana teeters on the edge of a decisive breakout, challenging a descending trendline that has constrained its price trajectory since December 2024. The $154-$155 resistance zone now serves as a litmus test for bullish momentum, with technical confirmation pending despite favorable ETF-related catalysts.

REX Shares' imminent staked ETF launch briefly propelled SOL to $160, triggering $9 million in short liquidations before a retracement. Market participants remain cautious, awaiting sustained volume-backed momentum before committing to positions. A confirmed breakout opens a path toward $183 and potentially $260, as per Zeus' technical analysis.

Solana Faces Critical Resistance at $178, Potential Double Bottom at $105

Solana's price action is at a pivotal juncture as it struggles to break through the $178 resistance level, a zone that has repeatedly rejected upward moves. The failure to sustain above this threshold opens the door for a decline toward $105.89, where a potential double bottom pattern could emerge, offering a bullish reversal signal.

Market structure remains bearish, with lower highs and lower lows dominating the chart. The $178 level represents a confluence of high time frame resistance and the value area high, making it a formidable barrier. A sustained rejection here increases the likelihood of a rotation toward the value area low near $105.

Volume dynamics and price action suggest that bulls must act swiftly to reclaim control. Without a decisive breakout above $178, Solana's path of least resistance points downward. The $105 support level now becomes critical—its defense could determine whether the asset establishes a base for recovery or extends its downtrend.

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