🧬 Solana on the rise: #etf , TVL, and the $300+ target
$SOL is up 4.3% in the last 24 hours, trading around $165. But this is just the beginning — several fundamental #signals are pointing to a move toward $300 and beyond.
➡️ Key growth indicators:
🟡 Futures open interest jumped 12% to $7.54B — nearing all-time highs
🟡 Network TVL hit $9.1B (56.8M #sol ) — highest since June 2022
🟡 2.7M daily active addresses — up 38.5%
🟡 Top 5 dApps: UAW growth ranging from 77% to 300%
➡️ #solana ETF: now a 91% approval chance
🟡 Polymarket puts 2025 ETF approval odds at 91%
🟡 Applications submitted by VanEck, Grayscale, Bitwise, 21Shares, and others
🟡 Bloomberg: SEC may act “sooner than expected”
➡️ Technical setup
🟡 A bull flag is forming with a target of $335
🟡 Weekly RSI rising from 36 to 51
🟡 A clear breakout above $190 is needed for sustained growth
If the ETF is approved, institutional capital could flood in — and SOL might even touch $1,000. For now, all eyes are on the breakout of key resistance levels.
Buy and Trade $SOL here