$SOL
Here’s your latest, streamlined update on Solana (SOL) as of July 12, 2025:
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🚀 SOL Snapshot
Current Price: ~$163.10 USD (↓ ~1.5% in last 24h)
24h Volume: ~$6.6 B (~8% of its $87.4 B market cap)
Market Context: Still range-bound near $160, following a sharp June rally
📈 Trade Plan
Action Price Range
Buy the Dip $158 – $160
Breakout Level Above $165.00
Short-Term Target $180 – $200
Mid-Term Target $225 – $255+
Stop-Loss Below $155.00
🔥 Key Drivers
1. **SOL ETF Momentum:**
REX‑Osprey Staking ETF (SSK) pulled in $41 M since launch.
Total Solana ETF inflows reached ~$78 M this month .
SEC is advising issuers to refile by end‑July—pointing to pre‑October spot ETF approval .
2. **On‑Chain Strength:**
Deposits to the Solana ecosystem surpassed $4 B.
Daily active addresses above 15 M and TVL over $21 B .
3. Technical Setup:
Broke above $153 resistance; prices above 50-day & 100-day EMA with bullish RSI/MACD .
Facing resistance around $163–165; ideal breakout leads toward $200+ .
➡️ DYOR .
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