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SOL ETF Approval Now a ’Near-Lock’ – Will Solana Smash Through $200 Next?

Wall Street's rubber stamp looks imminent for Solana's ETF—and traders are already pricing in a moonshot.

Here's why SOL could be the next crypto asset to ride the institutional wave.

• The $200 target isn't just hopium—it's getting baked into options flows

• How SOL's tech stack (and a little regulatory arbitrage) makes it the 'easy yes' for bureaucrats

• The dirty secret: These ETFs aren't about investor access—they're about prime brokers needing collateral that doesn't reek of 2008 mortgage bonds

One thing's clear: The crypto casino just got a new high-stakes table.

What a Solana ETF Could Mean for Price

Institutional investors gaining direct access to Solana could dramatically shift market dynamics. According to Brian Rudick, Chief Strategy Officer at Solana-focused Upexi, top-tier altcoin ETFs, such as SOL, are likely to see strong inflows post-launch, similar to Bitcoin’s explosive run after its ETF debut.

“Spot ETFs were the main reason Bitcoin more than doubled after BlackRock filed in mid-2023,” Rudick said. A comparable demand shock for Solana could ignite a similar rally. If history repeats itself, ETF-driven inflows could propel SOL toward the $200 mark, especially if market sentiment and macroeconomic tailwinds align.

Analysts also point to the CFTC’s futures approval for SOL as another positive signal, which reinforces market maturity and regulatory openness toward the asset.

Price Faces Technical Hurdles Before Breakout

Despite ETF optimism, Solana’s short-term technicals remain bearish. At $140.40, SOL is struggling below the key resistance zone between $144.49 and $145.49, aligned with a descending trendline and the 50-period EMA.

SOL is stuck below key resistance at $144.49–$145.49, with a bearish engulfing candle and MACD in the red. If $138.39 support breaks, eyes on $135.74 and $132.57 next.#Solana #Crypto #SOL #TechnicalAnalysis pic.twitter.com/UTWYK9JnOA

— Arslan Ali (@forex_arslan) June 21, 2025

A bearish engulfing candle followed the last failed breakout attempt, sending the token into a consolidation phase just above support at $138.39.

The MACD indicator remains in bearish territory, suggesting continued downside risk unless SOL reclaims the $145 zone. Should support at $138.39 give way, price could drop toward $135.74 or even $132.57.

Solana Price Chart – Source: Tradingview

  • Bloomberg pegs SOL ETF approval odds at 95%
  • ETF issuers include Grayscale, Fidelity, VanEck
  • Staking-enabled ETFs could boost investor yield
  • SOL must break $145.49 to regain bullish momentum
  • Downside levels to watch: $138.39, $135.74, $132.57

ETF approval is a long-term catalyst; however, for short-term Solana price prediction, traders should watch for a confirmed breakout above $145 to signal a bullish continuation.

BTC Bull Token Nears $8.2M Cap as 58% APY Staking Attracts Last-Minute Buyers

In addition to Solana, with BTC trading NEAR $104K, investor focus is shifting toward altcoins, especially BTC Bull Token ($BTCBULL). The project has now raised $7,249,360 out of its $8,290,897 cap, leaving less than $1 million before the next token price hike. The current price of $0.00257 is expected to increase once the cap is hit.

BTC Bull Token links its value directly to bitcoin through two core mechanisms:

  • BTC Airdrops reward holders, with presale participants receiving priority.
  • Supply Burns occur automatically every time BTC increases by $50,000, reducing $BTCBULL’s circulating supply.

The token also features a 58% APY staking pool holding over 1.81 billion tokens, offering:

  • No lockups or fees
  • Full liquidity
  • Stable passive yields, even in volatile markets

This staking model appeals to both DeFi veterans and newcomers seeking hands-off income.

With just hours left and the hard cap nearly reached, momentum is building fast. BTCBULL’s blend of Bitcoin-linked value, scarcity mechanics, and flexible staking is fueling strong demand. Early buyers have a limited time to enter before the next pricing tier activates.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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