Solana ($SOL) is back in the spotlight as crypto markets recover. After briefly hitting $212, SOL retraced to $209 but held strong, boosting market confidence.


🔥 ETF Momentum: Analysts suggest growing institutional flows and spot ETF speculation could push $SOL toward $250. Bitget Wallet CMO Jamie Elkaleh said, “ETF conversations around SOL are amplifying interest,” with U.S. regulators adopting a more favorable tone.


💹 Altcoin Effect: Experts expect the SEC may approve ETFs beyond Bitcoin and Ethereum. Solana, XRP, and Cardano are prime candidates due to high liquidity and strong derivatives markets. Bloomberg’s James Seyffart noted $SOL and $XRP are “well-positioned to qualify under existing listing rules.”


📊 On-Chain Growth:



  • $500M+ in Real World Assets (RWAs) tokenized on Solana


  • Daily DEX volume ~ $7.93B, surpassing Ethereum


⚡ Technical Setup:



  • Price: $209.30, above 7-day SMA ($206.70) support


  • Resistance: Break of $218 could target $230–$250


  • RSI: 56.27 — room for more upside


Traders are watching closely — a Solana ETF could spark a demand surge and reshape $SOL’s long-term market structure.


#Solana #SOL #CryptoNews #Altcoins #ETF