SOL Price Prediction: Can Solana Break $200 Amid Growing Institutional Interest?

#SOL

• SOL trading above key moving averages shows bullish technical structure
• Growing institutional interest through ETFs and tokenization projects
• MACD divergence suggests need for caution despite positive momentum

SOL Price Prediction

SOL Technical Analysis: Bullish Momentum Building

SOL is currently trading at 153.81 USDT, above its 20-day moving average of 146.1745, indicating bullish momentum. The MACD shows a bearish crossover with the signal line above the MACD line (-2.9662), suggesting potential short-term consolidation. However, the price remains NEAR the upper Bollinger Band (158.4426), which could act as resistance. BTCC analyst James notes: 'SOL's position above key moving averages and proximity to upper Bollinger Band suggests strength, but traders should watch MACD for confirmation of trend continuation.'

Solana Ecosystem Developments Fuel Bullish Sentiment

Positive news flow around solana is supporting price action, with developments like the $100M SOL purchase plan and staking ETF launch creating bullish momentum. BTCC's James observes: 'Institutional interest in SOL is growing, as seen with Superstate's equity tokenization plans and Robinhood's blockchain ambitions. While the Senate's lack of crypto tax relief is a headwind, Solana's strong ecosystem development appears to be outweighing macro concerns.' The combination of technical strength and fundamental developments suggests continued upside potential.

Factors Influencing SOL's Price

Solana Defies Technical Expectations With Sustained Uptrend

Solana (SOL) continues its ascent without the typical golden cross confirmation, trading firmly above $140. The asset's ability to maintain higher lows since June points to steady accumulation, though the $160-$165 resistance zone looms as a critical test.

Market technicians note the absence of a 50-day/200-day moving average crossover typically associated with bullish reversals. Yet SOL's resilience at current levels suggests underlying strength, with the RSI's neutral 48 reading leaving room for further upside.

Trading volume patterns indicate conviction among holders, with no mass exodus during recent pullbacks. The $140 support level now serves as a litmus test for the continuation of this organic rally.

DeFi Development Corp Races to Raise $100M for SOL – ETF Green Light Next?

DeFi Development Corp, the first U.S. public company built around a Solana-based treasury strategy, has announced plans to raise $100 million through a private offering of convertible senior notes due in 2030. The deal, revealed Tuesday, comes as momentum builds around a possible green light for solana exchange-traded funds (ETFs).

The offering targets qualified institutional buyers under Rule 144A of the Securities Act, with an option for an additional $25 million purchase within 13 days of issuance. The unsecured notes will carry semi-annual interest and mature on July 1, 2030. Conversion terms allow holders to convert into cash, company stock, or a mix of both after January 2030.

Proceeds will partially fund a stock repurchase via a prepaid forward agreement, with the remainder allocated to general corporate purposes. The move signals growing institutional confidence in Solana's ecosystem amid broader crypto market optimism.

Solana Rebounds as Staking ETF Launches and DeFi Corp Announces $100M SOL Purchase Plan

Solana's price recovery gains momentum, climbing 4% to $153 amid institutional inflows. The rally coincides with two landmark developments: the debut of the first US-listed Solana staking ETF and a $100 million private funding round earmarked for SOL acquisitions.

REX Shares and Osprey Funds' REX-Osprey Solana + Staking ETF began trading on Cboe exchange, with Anchorage Digital serving as custodian. Unlike Bitcoin spot ETFs, this innovative product combines price exposure with staking rewards—a first for US markets.

DeFi Development Corp's convertible note offering signals strong institutional demand, while Solana futures open interest holds steady NEAR $7 billion. The ecosystem continues attracting capital despite recent market volatility.

Creating Solana Tokens in Minutes Without Coding via Smithii

Solana's ecosystem continues to attract Web3 builders with its high-speed infrastructure, yet misconceptions persist about the technical barriers to token creation. Smithii's no-code dApp shatters these assumptions, enabling anyone to mint a Solana token in under five minutes using only a wallet and an internet connection.

The process eliminates traditional pain points: no programming knowledge required, no development teams to hire. Users connect a Solana-compatible wallet like Phantom or MetaMask, customize token parameters (name, symbol, supply), and deploy with as little as 0.31 SOL for gas fees. This democratization of token creation mirrors Solana's broader ethos of accessibility in blockchain development.

As the network sees increasing adoption for meme coins and utility tokens alike, tools like Smithii lower the entry barrier for retail participants. The platform's emphasis on fractionalization controls and customizable supply caters to both speculative and functional use cases emerging across Solana's DeFi and NFT sectors.

US Senate Passes Budget Bill Without Crypto Tax Relief, Snorter Token Offers Alternative

In a narrow 51-50 vote, the US Senate approved the 'One Big Beautiful Act,' a significant budget reconciliation bill backed by former President Donald Trump. Despite aggressive lobbying from cryptocurrency advocates, the legislation passed without including any digital asset tax reforms.

Senator Cynthia Lummis's proposed amendment for a de minimis exemption on crypto transactions under $300 failed to make the final cut. Industry leaders including BTC Inc.'s David Bailey and Gemini's Tyler Winklevoss had vocally supported the measure. The omission leaves unresolved questions about tax treatment for small-scale crypto transactions, potentially discouraging everyday usage.

Amid this regulatory uncertainty, Snorter Token ($SNORT) emerges as a technical solution, promising 0.85% trading fees and rapid execution times on the Solana blockchain. The development highlights how crypto innovators continue building infrastructure regardless of Washington's legislative gridlock.

SOL Strategies and Superstate Explore Solana Equity Tokenization Amid Institutional Interest

SOL Strategies has entered a preliminary agreement with blockchain infrastructure firm Superstate to study the tokenization of its public shares on the Solana blockchain. The non-binding memorandum of understanding, signed on April 25, 2025, could pave the way for equity digitization via Superstate's Opening Bell platform.

The MOVE coincides with growing institutional validation of Solana for regulated financial products. BlackRock recently expanded its $1.7 billion BUIDL fund to include Solana, while Robinhood is reportedly preparing to launch tokenized stock trading in the EU, potentially leveraging Solana's infrastructure.

Saros to Launch Revolutionary DLMM Technology on Solana

Saros, a prominent decentralized finance protocol operating on the Solana blockchain, has unveiled plans to introduce a cutting-edge Dynamic Liquidity Market Maker (DLMM) v3 model. This upgrade marks a significant leap forward in decentralized exchange technology, promising to enhance liquidity provision and trading efficiency.

The DLMM v3 model will feature customizable liquidity ranges, allowing users to maximize fee earnings while optimizing platform performance. Similar implementations have driven substantial volume and total value locked (TVL) growth in other ecosystems, positioning Saros for potential market leadership on Solana.

This release initiates a series of planned 2025 upgrades for the SAROS ecosystem, encompassing both application-layer improvements and infrastructure enhancements. The move signals continued innovation in Solana's DeFi landscape as protocols compete to deliver superior liquidity solutions.

Meme Coin Mayhem: Japanese Star Yua Mikami’s Token Drops 80% Post-Launch

Yua Mikami, a prominent Japanese entertainment figure with no prior crypto involvement, launched the meme coin MIKAMI on the Solana blockchain. The token initially drew significant attention but has since plummeted over 80% from its peak, leaving pre-sale investors with losses of up to 60%.

The MIKAMI pre-sale concluded on May 3, 2025, raising over 23,000 SOL (approximately $3.4 million at the time). According to the project's official X account, 17,560 valid addresses participated, contributing a total of 23,320.74 SOL. The team's subsequent actions remain unclear as the coin's value collapsed shortly after launch.

Solana (SOL) Struggles to Break Key Resistance at $151 Amid Weak Momentum

Solana's SOL faces persistent resistance near the $151 level despite multiple bullish attempts, currently trading around $147. The 100-day Exponential Moving Average has solidified into a psychological barrier, with the asset failing to close above it for five consecutive sessions. Market participants remain skeptical about the sustainability of SOL's recovery from March lows, given the absence of strong volume support.

The Relative Strength Index at 59 suggests neutral-to-bullish conditions, yet reflects insufficient buying pressure for a decisive breakout. A more formidable challenge awaits at the 200-day EMA near $161—a level that historically separates bearish and bullish regimes. Traders appear to be taking profits rather than establishing new positions at current valuations.

Robinhood Plans Blockchain-Based Trading for US Securities in Europe

Robinhood is advancing plans to launch a blockchain-based trading platform in Europe, targeting retail investors seeking access to US securities. The platform, expected to partner with a digital-asset firm, may leverage Arbitrum or Solana's blockchain infrastructure—though discussions remain ongoing.

Tokenized US securities represent a growing trend as financial institutions explore blockchain's potential to reduce costs and enhance transparency. Robinhood's move aligns with broader industry shifts toward decentralized infrastructure.

Solana Nears $150 as Traders Anticipate Bullish Rally Amid Macro Uncertainty

Solana's SOL token approaches the $150 threshold as market participants position for a potential upward surge. The asset gained momentum Wednesday ahead of a pivotal FOMC meeting, with derivatives traders accumulating long positions.

While macroeconomic headwinds and geopolitical risks cloud the broader crypto market's May outlook, SOL demonstrates relative strength. The ethereum competitor entered 2024 with heightened expectations, including speculation about potential ETF developments following Bitcoin's regulatory milestones.

Will SOL Price Hit 200?

Based on current technicals and market sentiment, SOL has a strong chance of testing $200 in the coming weeks. The key factors supporting this outlook include:

BTCC's James notes: 'While $151 resistance has been tough, the combination of technical positioning and fundamental developments suggests SOL could make a run at $200 if it clears the current upper Bollinger Band resistance.'

70% probability