💥 Solana SOL in a Critical Phase
Solana over the last 6 months has recorded strong volatility. It started the year near $300, dropped to below $100 in April, and is currently stabilizing around $153. The new thing is that institutions have started to show clear interest in it. The first American ETF investment fund dedicated to Solana with Staking support was recently launched and quickly attracted liquidity exceeding $30 million.
Analysts like Balchunas and Seyffart have confirmed that the SEC's approval of instant Solana funds is likely at 95% during 2025. This could increase liquidity and boost confidence. Price forecasts suggest the possibility of exceeding $200, and some analyses predict reaching $300 in 2025 if institutional momentum continues.
In contrast, the market is still highly volatile. The current main support level is near $148, and breaking it could lead to a decline towards $120. The nearby resistance is between $160 and $162, and surpassing it could push the price into an additional upward wave. Technical analysis shows moderate buying momentum and the RSI is near 55–60, reflecting potential room for further upward movement.
Solana is at a crucial phase between institutional adoption expansion and the potential for sharp fluctuations. Any investor should determine entry and exit points, monitor news and regulatory developments, and use stop-loss orders to protect capital.
Solana presents a significant opportunity but with a high level of risk.
