Triple positive catalysts! After the heat of Ethereum fades, the SOL ecosystem may become the new focal point
1. SOLANA welcomes policy-level cooperation opportunities The Solana Foundation has officially signed a memorandum of cooperation with the government of Kazakhstan to establish a Solana economic zone in the country, focusing on promoting the implementation of Web3 technology. This collaboration, along with leading ecological projects such as AIX, Jupiter, and Intebix, aims to develop pilot applications, creating a dual benefit of policy endorsement and ecological linkage. It is noteworthy that Kazakhstan is accelerating its layout in the digital economy, and this cooperation may open up a breakthrough for SOL in the Central Asian market.
2. Technical signals of bottoming out are emerging The SOL price has rebounded from the critical level of $125 and has now recovered the integer level of $130. From the volume structure, there is a noticeable contraction during the downtrend, and the trading volume has moderately increased during the rebound, indicating a weakening of bearish forces. Data on institutional holdings shows that Grayscale's SOL trust holdings have increased by 12% in the past week, and professional investors are beginning to position themselves on the left side.
3. The ETF narrative window is approaching, and ecological tokens usher in speculation opportunities The market expects that the approval window for SOL spot ETFs will arrive in July-August. Historical data shows that, in the three months prior to the approval of Bitcoin and Ethereum ETFs, the average increase of related ecological tokens reached 45%.
Key areas to focus on:
DEX track: Jupiter (JUP) as the leading trading platform in the Solana ecosystem, with a 24-hour trading volume exceeding $120 million;
Inscribe protocol: JTO as the first inscribed token on the Solana chain, with the number of holding addresses exceeding 50,000;
Algorithmic stablecoins: Raydium (RAY) TVL has risen to $80 million, with significant liquidity recovery.
Operational strategy: SOL can be accumulated in batches in the range of $125-$120, with a stop-loss set at $118; for ecological tokens, attention is recommended on JTO breaking above $0.8 and JUP stabilizing above $0.45 as confirmation signals, with a short-term target of a 30% increase. Note that there are policy uncertainties regarding ETF approvals, and it is advisable to keep holdings within no more than 15% of total funds. #sol