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SOL Price Prediction: Can Institutional Demand Push Solana Beyond $160?

SOL Price Prediction: Can Institutional Demand Push Solana Beyond $160?

Author:
SOL News
Published:
2025-07-10 07:23:29
13
2
[TRADE_PLUGIN]SOLUSDT,SOLUSDT[/TRADE_PLUGIN]

#SOL

  • Technical Strength: Price trading above key moving averages with bullish Bollinger Band alignment
  • Ecosystem Growth: xStacks integration and record futures volume signal institutional adoption
  • Regulatory Watch: SEC's focus on tokenized securities may introduce short-term volatility

SOL Price Prediction

SOL Technical Analysis: Bullish Momentum Building

SOL is currently trading at $158.16, above its 20-day moving average of $147.7760, indicating bullish momentum. The MACD histogram shows a negative value but is converging, suggesting weakening downward pressure. Bollinger Bands reveal price hovering NEAR the upper band at $161.2555, signaling potential overbought conditions but also strong buying interest. According to BTCC financial analyst James, 'SOL's ability to hold above the 20-day MA and test the upper Bollinger Band suggests accumulation by institutional players. A decisive break above $161 could trigger a rally toward $170.'

SOLUSDT

Solana Ecosystem Buzz Fuels Market Optimism

Positive sentiment surrounds SOL as the ecosystem sees institutional partnerships (Jupiter/xStocks), record transaction volumes, and anticipation for Pump.fun's ICO. BTCC's James notes, 'The 3.78% price surge aligns with fundamental catalysts - especially the $4B futures trading volume indicating whale activity. However, the SEC warning about tokenized securities may temporarily cap gains.' Market focus remains on whether SOL can breach the psychological $160 resistance.

Factors Influencing SOL’s Price

PUMP Token Trades at 40% Premium Ahead of Pump.fun ICO

Pump.fun's native token PUMP is commanding a 40% premium on derivatives platform Hyperliquid, trading at $0.0056 versus its $0.004 ICO price. The futures market has priced in strong demand ahead of the July 12 token sale, with $30 million in volume recorded within 24 hours of listing.

Binance Futures will amplify trading activity with its own PUMP perpetual contract launch on July 10. The ICO will distribute 33% of PUMP's 1 trillion token supply, building on Pump.fun's $600 million revenue from Solana-based meme coin launches.

The protocol positions PUMP as the economic engine for a decentralized social platform challenging TikTok and Facebook, rewarding users with financial incentives rather than mere engagement metrics.

Pump.fun to Launch PUMP Token via ICO on July 12

Pump.fun, a Solana-based memecoin launchpad, is set to introduce its official PUMP token through an initial coin offering starting July 12. The ICO will allocate 15% of the total 1 trillion token supply to the public, priced at $0.004 per token with no lockup periods.

Institutional buyers have already secured 18% of the supply in a private sale. Participation requires KYC verification via Pump.fun's platform or partner exchanges including Bybit, Kraken, and Bitget. U.S. and U.K. residents are barred from the sale.

Potential token utilities include fee rebates and creator incentives, though specifics remain undefined. The project has generated over $720 million in fees since its January launch, signaling robust activity despite evolving market conditions.

Solana Price Surge: Can It Break $160? Key Resistance Levels and Market Insights

Solana's price has risen 1.34% in the past 24 hours, reaching $153 with a trading volume of $4.18 billion. A breakout from the Channel Down pattern suggests a potential 10% gain, targeting $160–$167. The RSI at 53.62 indicates neutral momentum, while the MACD shows bullish signals.

Traders are eyeing key support between $140–$125 and resistance at $160–$180. Short-term momentum appears bullish, but medium-term trends remain cautious. Stop losses at $136 could mitigate downside risks.

SEC Crypto Task Force Head Warns Tokenized Securities Remain Under Regulatory Scope

Hester Peirce, head of the SEC's Crypto Task Force, delivered a stark reminder that blockchain tokenization does not alter the fundamental nature of securities. Tokenized shares, notes, or entitlements remain subject to existing federal securities laws, requiring full compliance from issuers and intermediaries.

The bulletin highlights two tokenization models: direct issuer minting versus custodian-wrapped securities. The latter introduces counterparty risks, as token holders become dependent on custodians' solvency and control of underlying assets. Peirce specifically cautioned that some token structures could be classified as security-based swaps, prohibited from retail trading outside exchanges.

This regulatory clarification comes as Solana-based tokenized equity products gain traction, particularly those issued by Backed Finance. The SEC appears to be drawing clear boundaries ahead of anticipated growth in on-chain securities activity.

Jupiter and xStocks Partner to Expand Solana DeFi Access

Jupiter Exchange, a leading DeFi aggregator on Solana, has partnered with xStocks Alliance to enhance access to tokenized real-world assets (RWAs). The collaboration aims to bridge traditional finance with decentralized protocols, leveraging Solana's growing infrastructure.

Jupiter has processed over $70 billion in trading volume and facilitated 116 million swaps, serving 1.5 million users. The platform aggregates liquidity from sources like Meteora and Raydium, offering competitive pricing through integrations such as Pyth Network Express Relay.

This partnership marks a significant step in bringing tokenized equities and financial innovation to Solana's DeFi ecosystem. The move underscores the blockchain's rising prominence in decentralized finance.

Solana (SOL) Gains 3.78% Amid Institutional Partnerships and Record Transactions

Solana's price rose to $156.71, marking a 3.78% increase in the past 24 hours. The blockchain platform continues to demonstrate resilience despite a weak bullish trend, with growing institutional interest and network activity driving momentum.

The Solana Foundation recently secured partnerships with major financial institutions to advance real-world asset tokenization. This strategic move bridges decentralized finance with traditional markets, potentially accelerating SOL's adoption curve.

Network fundamentals remain robust, with Solana processing over 1.5 million daily transactions—a new milestone that reinforces its position as one of crypto's most scalable Layer 1 solutions. Exchange listings continue expanding across tier-1 platforms, improving liquidity access for institutional and retail traders alike.

Bitget Expands into Tokenized Equity Trading via xStocks Integration

Bitget has launched tokenized stock trading on its Onchain platform, enabling crypto users to access global equities without traditional brokerages. The integration with Kraken's xStocks infrastructure, announced on July 9, includes tokenized versions of Tesla (TSLAx), Nvidia (NVDAx), and other major equities.

The move marks a strategic expansion into hybrid financial products, blending crypto agility with traditional market exposure. Bitget Onchain combines CEX usability with direct blockchain settlement, supporting Solana (SOL), Base, and BNB ecosystems.

xStocks' 24/5 trading model bypasses conventional market hours, offering near-continuous access with instant settlement. "This represents a new phase of market access," said Bitget CEO Gracy Chen, emphasizing the complementary potential of crypto and traditional assets.

Phantom Wallet Integrates Hyperliquid, Diverging from Solana-Centric Expectations

Phantom, Solana's dominant wallet with 15 million monthly active users, has unexpectedly integrated Hyperliquid for perpetual trading—bypassing native Solana perps DEXs like Drift or Jupiter. The move redirects user flow to a rival platform, offering no direct benefit to Solana's fee structure or total value locked.

Meanwhile, Kraken and Backed's tokenized stock product xStocks expands to BNB Chain just weeks after its Solana debut. Bybit's integration underscores the product's multichain ambitions, aligning with Backed co-founder Adam Levi's vision of neutrality and broad accessibility.

Solana Futures Trading Volume Exceeds $4B Amid Institutional Demand

Institutional interest in Solana has surged, with futures trading volume at CME Group surpassing $4 billion. This milestone underscores Solana's evolution from a high-performance blockchain to a mainstream asset in institutional portfolios.

CME Group's Solana futures, including micro contracts, have democratized access for traders while maintaining robust liquidity. The platform's regulated environment appeals to professional investors seeking crypto exposure without direct asset ownership.

Solana's combination of low fees and high throughput continues attracting both developers and financial institutions. The micro futures' success highlights growing retail participation alongside traditional market players.

Pump.fun's PUMP Token ICO Draws Attention with Unlocked Distribution Model

Solana-based memecoin launchpad Pump.fun will debut its native PUMP token through an Initial Coin Offering on July 12. The 1 trillion token supply features an unconventional distribution model with fully unlocked tokens at launch—a stark contrast to typical vesting schedules.

Institutional buyers secured 18% of the supply at $0.004 per token in private sales, while 15% will be available on major exchanges including Kraken, Bybit, and KuCoin. The public sale concludes when 150 billion tokens sell out or by July 15 UTC, whichever comes first.

The remaining allocation reveals memecoin ecosystem priorities: 24% for community initiatives, 20% team allocation, and a curious 3% earmarked for live streaming activities. This structure highlights the platform's focus on immediate liquidity and creator engagement over traditional lock-up periods.

Is SOL a good investment?

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

MetricValueImplication
Price vs 20MA+7% premiumBullish trend confirmed
Bollinger Band PositionUpper band testVolatility expansion likely
MACD HistogramConvergingDowntrend losing steam

James from BTCC highlights: 'With Solana's DeFi TVL growing 42% QoQ and institutional products like tokenized equities launching, SOL at $158 offers reasonable upside to our $185 year-end target.'

Investors should monitor the $150 support level and SEC regulatory developments.

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