SOL Price Prediction: Is $167 the Next Stop?

#SOL

• Technical Strength: SOL trades above key averages with narrowing bearish momentum
• Catalyst Potential: Accelerated ETF review and institutional tokenization efforts
• Price Target: $167 appears achievable if current support holds

SOL Price Prediction

SOL Technical Analysis: Bullish Signals Emerge

SOL is currently trading at $150.32, above its 20-day moving average of $146.18, indicating a potential bullish trend. The MACD shows negative values but the narrowing gap between the MACD and signal line suggests weakening downward momentum. Bollinger Bands indicate SOL is trading closer to the upper band ($158.14), hinting at possible upward movement if it breaks resistance.

Market Sentiment Turns Bullish for SOL

Positive news around Solana, including the SEC accelerating its spot ETF review and major TradFi institutions exploring tokenization on Solana, is fueling optimism. Analyst Robert notes, 'The combination of institutional interest and technical breakout potential could drive SOL toward $167.'

Factors Influencing SOL’s Price

SEC Accelerates Solana Spot ETF Review Process, Requests Refiled Applications by July End

The U.S. Securities and Exchange Commission has instructed asset managers seeking approval for Solana (SOL) spot exchange-traded funds to submit revised Forms S-1 by July's end. This procedural push suggests regulators may be fast-tracking evaluations ahead of critical October deadlines.

Bloomberg analysts peg approval odds for 2025 Solana ETFs above 95%, with a final decision deadline of October 10, 2025, for filings from VanEck, 21Shares, and six other issuers. The SEC's specific requests for staking and redemption details in amended filings indicates substantive engagement with the applications.

SOL traded near $151 as the news broke, maintaining resilience amid regulatory developments. The accelerated timeline contrasts with staggered approvals for Bitcoin and Ethereum products, potentially signaling evolving SEC posture toward altcoin investment vehicles.

Solana Builds Momentum: Is a Surge to $167 Now Inevitable?

Solana has broken out of a falling channel pattern, with analysts eyeing a short-term target of $160 to $167—a potential 10% gain from current levels. Trading volume surged 49.4% to $2.58 billion, signaling renewed market interest. Yet caution persists: the broader trend remains bearish, with critical support at $140 and $125.

The Relative Strength Index (RSI) at 52.01 hints at budding bullish momentum, though confirmation requires a push above 60. CoinCodeCap notes the move contradicts prevailing market sentiment, advising traders to set stop-loss orders at $136. Resistance levels loom at $160 and $180.

At $151, SOL shows a modest 3.19% daily gain but has struggled to maintain weekly momentum with just a 0.38% increase. The dichotomy between technical breakout and macroeconomic headwinds frames Solana's precarious position—a coin caught between opportunistic traders and skeptical strategists.

Pump.fun Revenue Crashes 92% From Peak as Meme Coin Mania Fades

Pump.fun, the Solana-based meme coin launchpad that once epitomized retail crypto frenzy, now shows alarming signs of decline. Daily revenue has collapsed to $533,410 - a 92% plunge from January's $7.07 million peak. Protocol fees followed suit, dipping below $1 million for the first time since March 2025.

The platform's monthly performance paints a starker picture. January's $137.12 million revenue/fee bonanza has deteriorated to 60% losses by June's end. This freefall suggests waning interest in speculative meme coins, particularly those native to Solana's ecosystem where Pump.fun once reigned supreme.

While March 2025 saw a temporary fee recovery to $6.6 million, revenue never rebounded beyond $2.05 million. The data signals more than seasonal fluctuation - it marks the potential sunset of a platform that became synonymous with SOL-based token mania during crypto's last bull cycle.

Solana (SOL) Price Set for Breakout in July

Solana (SOL) is poised for a significant breakout as technical and fundamental factors align. Trading just below a critical resistance level at $154, the token shows bullish momentum fueled by institutional interest, robust on-chain activity, and expanding utility. A decisive push above this level could propel SOL toward $180 or higher.

The launch of the REX-Osprey Solana ETF has injected fresh optimism, attracting $67 million in trading volume within two days. By offering staking exposure through a regulated product, the ETF not only drives demand but also stabilizes SOL's price dynamics as capital locks into staking rather than circulating on exchanges.

On-chain metrics underscore Solana's growth trajectory. Total value locked (TVL) has surged from $2 billion in early 2024 to $8.6 billion by mid-2025, reflecting sustained developer activity and user engagement. The network's resilience and adoption curve suggest SOL is entering a new phase of price discovery.

Solana (SOL) Price Nears Critical Breakout Amid Institutional Demand

Solana's price action is tightening within a narrowing range, signaling an imminent breakout as traders anticipate a decisive move. The recent launch of the REX-Osprey Solana ETF—which includes staking and saw $67 million in trading volume within two days—has bolstered institutional exposure, creating new demand while reducing volatility through locked capital.

On-chain metrics underscore Solana's growth, with Total Value Locked (TVL) surging from $2 billion to $8.6 billion in 2024. The network now leads in daily active addresses (3.3 million) and transaction throughput, occasionally surpassing Ethereum. This institutional and on-chain momentum positions SOL for a potential rally, though market participants remain watchful for bearish counterpressures.

Solana Tests Critical Support Amid Diverging Market Views

Solana (SOL) teeters near the $147 support level as bearish pressure mounts. A 0.25% uptick offers little respite against weakening momentum and declining trading volume. Technical analysts highlight a descending broadening wedge pattern on the 12-hour chart—a structure that could signal further downside if $141 fails to hold.

Market sentiment fractures as traders debate SOL's trajectory. Some warn of a potential plunge to $120-$125, citing the coin's precarious chart structure. Others point to long-term targets of $169-$420, betting on Solana's underlying utility and ecosystem growth. The divide reflects crypto's classic tension between short-term technicals and fundamental conviction.

All eyes remain fixed on the $141 demand zone—a battleground that may determine whether Solana weathers this storm or succumbs to deeper correction. The lack of clear buyer momentum leaves the market in suspense, with social media chatter amplifying both doomsday scenarios and diamond-handed optimism.

Major TradFi Institutions to Pursue Tokenization Efforts on Solana

Traditional financial giants are turning to Solana for blockchain-based tokenization initiatives. R3, a U.K.-based blockchain developer for financial institutions, has partnered with the Solana Foundation to migrate its clients' tokenized real-world assets to Solana's network.

R3's Corda platform currently manages over $10 billion in assets, with participation from major banks including HSBC, Bank of America, and the Monetary Authority of Singapore. Tokenization—converting traditional assets like stocks and bonds into digital tokens—has emerged as a primary blockchain use case attracting institutional investment.

The collaboration signals growing institutional confidence in Solana's infrastructure for handling real-world asset tokenization at scale. This development follows increasing TradFi interest in blockchain solutions that bridge traditional and decentralized finance.

Kraken to List Tokenized Versions of Nvidia, Apple, Tesla Shares on Solana

Kraken is expanding its digital asset offerings with the introduction of tokenized shares for major U.S. equities, including Nvidia, Apple, and Tesla. The tokens, dubbed "xStocks," will be deployed on the Solana blockchain and available for 24/7 trading globally. Backed Finance will hold the underlying shares, ensuring 1:1 redeemability for cash value.

The move follows Kraken's April announcement of over 11,000 U.S.-listed stocks and ETFs, initially available in 10 states. The platform now adds more than 50 tokenized stocks and ETFs, including SPDR S&P 500 ETF (SPY) and SPDR Gold Shares (GLD), further bridging traditional finance with crypto markets.

Ledger Launches Solana-Branded Flex Hardware Wallets with Exclusive Perks

Ledger has unveiled a Solana-themed edition of its Flex hardware wallet, mirroring the technical specifications of the standard model but dressed in custom blue and green branding. The limited-run device includes a non-transferable Soulbound Token (SBT) for community engagement, with phased rollout prioritizing existing Solana SBT holders who qualify for SOL rebates up to $70.

The launch underscores Solana's growing influence in institutional crypto adoption, as major security providers like Ledger cater to chain-specific communities. This follows the Flex series' July 2024 debut, which introduced enhanced self-custody protections through air-gapped cold wallet architecture.

Is SOL a good investment?

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

Robert highlights, 'ETF prospects and institutional adoption could amplify gains if SOL clears $158 resistance.'