$SOL

Today, July 9, 2025, the price of Solana is hovering around $152 with a slightly rising trend.

It is currently one of the largest cryptocurrencies by market capitalization.

Some analysts suggest that Solana is "compressing" between two key levels and is close to breaking out to regain $160 resistance, which could lead to a retest of $200.

Stablecoin supply on Solana has increased sevenfold in 18 months.

* Short-Term Outlook *

This week, we anticipate continued consolidation and modest growth. Solana is expected to continue consolidating around current price levels. If bullish sentiment holds and the BTC market improves, Solana could test the $160 resistance level. A successful breakthrough of this level could open the way to $165–$175.

The approaching potential approval of a Spot Solana ETF could be a catalyst for a more significant upward movement this week or in the near future.

* Risks *

If the price fails to maintain support around $144–$148, a consolidation phase near $138–$140 could occur.

* Summary *

Solana is currently in a strong position, supported by robust technology, a growing ecosystem, and increasing institutional interest. In the short term, consolidation is expected with the potential to break key resistance levels.

For the remainder of 2025, the prediction is predominantly bullish, with significant growth potential, especially if a Spot Solana ETF is approved and there is overall bullish development in the cryptocurrency market. However, as with all cryptocurrencies, the market is volatile, and potential risks and rapid changes in sentiment must be considered.

** Analysts believe, but Trump is changing things! **

The question is whether the risk of the expiring 90-day tariff postponement is already sufficiently priced in, what countries' reactions will be to letters imposing tariffs from August 1st, and what will happen with tariffs next.

The geopolitical situation is also tense in several parts of the world...