Today, the Solana ecosystem is in the spotlight due to several key events. First, Trump Media & Technology Group applied for a new ETF called “Truth Social Crypto Blue Chip ETF” that would include 8% of Solana, alongside Bitcoin and Ether, which could enhance the institutional visibility of SOL if the strategy thrives on NYSE Arca.

In parallel, the U.S. SEC published new guidelines for crypto-ETFs —including those for Solana— focused on transparency, custody, and standard registration conditions, which reduces approval timelines and supports the path of funds like the REX-Osprey Solana + Staking ETF (SSK).

Additionally, from CoinDesk we learned of a partnership between the Bullish platform and the Solana Foundation to integrate native Solana stablecoins as institutional trading and settlement infrastructure. This step reinforces the real adoption of Solana in traditional finance with fast and low-cost infrastructure.

From a technical analysis perspective, several analysts have pointed out a symmetrical triangle pattern on the 4-hour chart; a breakout above resistance (~$153) could project the price towards $164, with key support around $147-148.

Meanwhile, Classover Holdings, an educational company, has increased its SOL reserves by 295%, accumulating over 50,000 SOL and staking it institutionally, showing institutional confidence in the network.

In summary, Solana is currently experiencing a significant moment: it gains financial attention through its inclusion in high-profile ETFs, receives clearer regulatory support, strengthens its presence in real financial infrastructures, and shows technical strength and accumulation. All of this points to a bullish scenario, although with nearby resistance in the short term.

$SOL