🔥 Market Snapshot
$SOL is currently trading around $165, up ~2‑7% in the past week, riding bullish momentum from Bitcoin’s recent rally Trading volumes have picked up ~19%, with institutional interest heating up around SOL and staking-themed ETFs
🏛️ ETF & Institutional Interest
REX‑Osprey Solana + Staking ETF (SSK) launched in the U.S. on July 2, bringing in $12 million and steadily drawing about $20 million trading volume on Multiple other issuers like Fidelity and VanEck are lining up for Solana ETF approvals—SEC recently accelerated filing timelines to July
🛠️ Network & Ecosystem Updates
Q2 2025 app revenue soared past $571 million, dwarfing #Ethereum’s $200 million—highlighting growing real-world usage Technical upgrades continue: improved SBPF, RPC stability, and sustained 65k+ TPS with <400 ms block times
📈 Price Outlook
Analysts by eyeing $300+ by end‑July if key resistance levels hold (e.g., $160–170 zone) Technical formations like bullish flags and breakouts above $170 could set the stage for $300–$331 by year‑end
⚠️ Risks to Watch
Regulatory delays from the SEC could stall ETF momentum.Exchange delistings (e.g. Bitget) and residual security concerns (e.g. exploits) may impact liquidity