Solana (SOL) Poised for Major Breakout in July 2025: Key Factors Driving the Rally
Solana (SOL) is gearing up for a significant price breakout in July 2025, with technical and fundamental indicators aligning to support a bullish trajectory. Currently trading just below the critical resistance level of $154, SOL has demonstrated strong upward momentum, driven by growing institutional interest, heightened on-chain activity, and expanding ecosystem utility. A decisive breakout above this level could potentially propel the token toward $180 or higher, marking a new milestone for the blockchain platform. Adding to the Optimism is the recent launch of the REX-Osprey Solana ETF, which has already attracted $67 million in trading volume, signaling robust market confidence. This article delves into the key factors fueling Solana's anticipated surge and what investors can expect in the coming weeks.
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.
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 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.
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.
