🚀 Solana Eyes $180 as ETF Optimism and Institutional Interest Surge
Solana (SOL) is making headlines in May 2025, trading around $148.21. After a significant rebound from April’s lows near $115, SOL has gained over 15% in the past week, signaling renewed bullish momentum.  
📈 Technical Analysis: Approaching Key Resistance
• Current Price: Approximately $148.21, with recent highs at $151.34.
• Support Levels: $140, $123, and $108.
• Resistance Levels: $157, $180, and $205.
• Trend Indicators: Neutral 50-day moving average; potential breakout above $141 could reignite momentum. 
🏦 Institutional Momentum and ETF Developments
• Futures Market: Open interest in SOL futures has surged to $5.75 billion, ranking Solana third in the crypto derivatives market.
• ETF Prospects: Approval odds for a spot Solana ETF have climbed to 90%, potentially attracting significant institutional inflows.
• Stablecoin Growth: Solana’s stablecoin market capitalization has surpassed $13.07 billion, indicating increased trust and liquidity in the network.  
🌐 Strategic Inclusion in U.S. Crypto Reserve
President Donald Trump’s proposal for a U.S. cryptocurrency reserve includes Solana among key assets like Bitcoin and Ethereum. This move aims to position the U.S. as a leader in digital financial technology and could further legitimize Solana’s role in the crypto ecosystem. 
🔮 Market Outlook
• Short-Term Projections: Analysts predict a move toward $155–$160 in May, with a potential breakout above $180 if current momentum continues.
• Long-Term Potential: While some forecasts suggest SOL could reach $500 by 2029, current market dynamics and institutional interest may accelerate this timeline.  
⚠️ Disclaimer
This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.