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SOL Price Prediction: How High Will Solana Go?

SOL Price Prediction: How High Will Solana Go?

Author:
SOL News
Published:
2025-07-09 11:21:35
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[TRADE_PLUGIN]SOLUSDT,SOLUSDT[/TRADE_PLUGIN]

#SOL

  • SOL trading above key moving average shows bullish momentum
  • Technical patterns suggest potential breakout to $164
  • Strong fundamentals offset by ETF regulatory uncertainty

SOL Price Prediction

SOL Technical Analysis: Bullish Signals Emerge

SOL is currently trading at $153.32, above its 20-day moving average of $146.69, indicating a bullish trend. The MACD shows negative values but the gap is narrowing, suggesting weakening downward momentum. Bollinger Bands indicate SOL is trading NEAR the upper band at $159.18, which could act as resistance. A breakout above this level could signal further upside potential.

SOLUSDT

Market Sentiment Turns Positive for SOL

Positive developments like the Alpenglow upgrade improving fault tolerance, institutional interest in solana staking ETFs, and Volkswagen adopting Solana-based mapping solutions are driving bullish sentiment. However, regulatory uncertainty around spot ETFs may cap gains in the short term.

Factors Influencing SOL's Price

Solana Poised for Breakout as Symmetrical Triangle Pattern Suggests Rally to $164

Solana (SOL) shows signs of an impending bullish breakout as it tests the upper boundary of a symmetrical triangle pattern at $153. A confirmed breach could propel the cryptocurrency toward $164, according to technical analysis.

The 4-hour chart reveals converging trendlines with lower highs and higher lows—a classic consolidation pattern preceding volatile moves. Momentum indicators reinforce the optimism: the MACD line has crossed above its signal line, while the RSI suggests growing buying pressure.

Analysts note SOL has been coiling below a year-long descending trendline. A decisive breakout with subsequent retest could ignite sustained upward momentum, potentially marking a trend reversal for the asset.

GMGN Introduces MEV Attack Compensation Amid Rising Security Threats

GMGN co-founder Haze announced a compensation program for users affected by sandwich attacks despite the platform's new MEV-protection feature. The move follows a surge in Maximal Extractable Value-powered bot attacks, with GMGN accounting for 30.8% of 260,000 incidents recorded across Solana-based applications in April 2025.

Victims can submit transaction hash numbers through official channels for verification. "If MEV was enabled during the attack and you were sandwiched, we will compensate you," Haze stated. The platform's security upgrade comes as malicious actors stole 23,600 SOL in a single month, highlighting growing vulnerabilities in DeFi ecosystems.

Solana's Alpenglow Upgrade Boosts Fault Tolerance to 40%, Reshapes MEV Economics

Solana's forthcoming Alpenglow consensus mechanism marks a radical departure from its current architecture, trading speed for potential centralization risks. The upgrade increases network fault tolerance from 33% to 40% through a 5f+1 Byzantine Fault Tolerant model, but demands latency reductions from 400ms to 150ms - a technical leap that favors well-capitalized validators.

MEV economics face seismic shifts under Alpenglow's compressed block times. Arbitrage profits plummet 38.2% while sandwich attack revenues drop 23.8%, fundamentally altering Solana's DeFi landscape. The protocol's self-reporting mechanism introduces new validator inequalities, where infrastructure advantages could lead to stake concentration among elite operators.

First U.S.-Listed Solana Staking ETF Launches with Strong Investor Interest

The cryptocurrency market has reached a new milestone with the debut of the first U.S.-listed Solana staking ETF, trading under the ticker SSK. Developed by REX Shares and Osprey Funds, the ETF offers institutional and retail investors regulated exposure to Solana (SOL) while capturing staking rewards—blending on-chain yield with traditional finance convenience.

SSK simplifies crypto staking by handling SOL acquisition, staking, and reward distribution through an ETF structure. The fund launched with $12 million in initial inflows and $33 million in first-day trading volume, reflecting robust demand. This product signals a shift in crypto investment strategies, moving beyond pure price speculation to include yield-generating mechanisms.

Solana Price Holds at $151 Amid Mixed Signals for Future Movement

Solana (SOL) trades at $151.31, down 0.46% over 24 hours despite a 22.73% surge in volume to $4.08 billion. The token has gained 3% weekly, stabilizing near $151.42 as traders assess whether current activity signals accumulation or indecision.

Technical analysts note SOL broke its bearish downtrend channel, with short-term targets at $160–$167—a potential 10% upside. MACD shows weakening bullish momentum, while RSI remains neutral. Critical support lies at $140 and $125, with resistance at $160 and $180.

Longer-term projections remain optimistic, with 2025 price forecasts reaching as high as $332.83. Market participants are advised to monitor the $136 level for stop-loss triggers, treating current movements as speculative swings within a broader bearish framework.

DeFi Dev Corp Expands Solana Holdings Amid Growing Institutional Interest

DeFi Development Corp. has bolstered its Solana treasury with an additional 47,272 SOL tokens, valued at $7.03 million. The firm now holds 690,420 SOL—worth approximately $102.7 million—marking a 64% accumulation surge over two months. These assets will be staked to generate yield income, reflecting a strategic bet on Solana's long-term viability.

Institutional momentum builds as the SEC engages with fund managers exploring spot Solana ETFs, signaling potential regulatory approval. Network activity underscores demand: Solana recorded 14.63 million active addresses in 24 hours, reinforcing its position as a hub for both retail and institutional capital.

SEC Delays Decision on Fidelity's Spot Solana ETF Amid Regulatory Uncertainty

The SEC has postponed its ruling on Fidelity's spot Solana ETF proposal, underscoring the regulatory hurdles facing crypto-based investment products. While engagement between the SEC and issuers last month fueled optimism for accelerated approvals, the agency has requested additional clarifications on product structure, with a July 31 deadline for responses.

Market participants speculate the SEC may delay SOL ETF approvals until generic listing standards are finalized, likely by October. Commissioner Hester Peirce has repeatedly cautioned against expecting swift decisions, emphasizing the uncharted nature of these regulatory proceedings.

Meanwhile, the SEC approved NYSE Arca's 19b-4 filing to list Grayscale's digital asset products, marking a rare positive development in an otherwise cautious regulatory landscape.

Volkswagen ADMT Adopts Solana-Based Hivemapper for Robotaxi Fleet Mapping

Volkswagen's autonomous-driving subsidiary, ADMT, has partnered with Hivemapper to leverage its Solana-based decentralized mapping network for real-time spatial data. The collaboration will power the company's robotaxi test fleet, utilizing Bee Maps' dynamic street-level imagery aggregated from crowdsourced dashcams.

Hivemapper's token-incentivized model rewards contributors with HONEY tokens for validated road segments, creating what the company claims is the world's freshest map data. The Solana blockchain records these contributions, enabling more frequent updates than traditional surveying methods.

Volkswagen ADMT currently operates 30 autonomous ID.Buzz electric vans in Hamburg, with plans to expand to thousands of units in Los Angeles. The deal underscores growing enterprise adoption of blockchain-powered solutions for mobility infrastructure.

BioSig and Streamex Target $1.1B for Gold-Backed Treasury Strategy on Solana

BioSig Technologies, a Nasdaq-listed medical device firm, and Streamex, a real-world asset tokenization company, are jointly seeking $1.1 billion in financing to launch a Solana-powered gold-backed treasury management strategy. The capital raise includes $100 million in senior secured convertible notes and a $1 billion equity line of credit, convertible into BioSig common stock.

The initiative aims to tokenize a portion of the $142 trillion commodities market, with gold serving as the foundational asset. "This financing marks a pivotal moment for the evolution of global financial markets," said Henry McPhie, BioSig CEO and Streamex co-founder. "Combining physical gold's stability with blockchain's efficiency creates a scalable, high-return model."

Solana's blockchain was selected for its ability to enhance liquidity and transparency in commodity tokenization. The move signals growing institutional interest in merging traditional store-of-value assets with decentralized finance infrastructure.

SEC Delays Fidelity's Solana ETF Approval, Requests Revised Filings

The Securities and Exchange Commission has extended its review of Fidelity's proposed Solana ETF, requesting amended S-1 filings by end-July. This procedural delay aligns with expectations—Bloomberg Intelligence's James Seyffart maintains a high probability of eventual approval this year.

Regulators opened a public comment period on whether the Solana ETF structure adequately prevents market manipulation. The move comes despite SOL's strong fundamentals: on-chain activity and capital inflows recently surpassed Ethereum's metrics.

Market participants view this as a temporary hurdle rather than a rejection. Solana's institutional adoption narrative remains intact, with ETF prospects likely to resurface after summer revisions.

BioSig and Streamex Secure $1.1B for Solana-Based Gold Tokenization Platform

BioSig Technologies (BSGM), now merged with tokenization firm Streamex, has secured commitments for $1.1 billion in financing to develop a gold-backed treasury model and scale its real-world asset (RWA) tokenization platform on Solana. The capital structure includes $100 million in convertible debentures and a $1 billion equity line of credit, sparking a 43% intraday share price drop amid dilution concerns before paring losses to 20%.

The initiative diverges from crypto-native treasury strategies by focusing on commodity-backed tokens rather than Bitcoin or Ethereum allocations. This positions the merged entity as a pioneer in gold tokenization, leveraging Solana's high-throughput blockchain for commodity RWAs.

How High Will SOL Price Go?

Based on technical indicators and market sentiment, SOL shows potential for further upside. Key levels to watch:

IndicatorValueImplication
Current Price$153.32Trading above 20-day MA
Bollinger Upper Band$159.18Immediate resistance
Symmetrical Triangle Target$164.00Potential breakout target

BTCC analyst Sophia notes: 'The combination of technical strength and positive fundamentals suggests SOL could test $164 if it clears the $159 resistance. However, ETF delays may cause volatility.'

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