$SOL

🚀 SOL Update – July 16, 2025

💰 Price: ~$173 (+7% in 24h)

🎯 Targets: $167 → $178 → $200+

📈 Futures OI: ~$8.1B (+2.5% in 24 h)

🏦 ETF Inflows: REX–Osprey staking/spot ETF seeing ~$3.3M/day on top of $12M launch day

🔥 What’s Fueling SOL?

1. On‑chain Pump.fun ICO: A $600M raise in 12 minutes spotlighted Solana’s activity and scalability

2. Deep On‑Chain Metrics: Active addresses at 25.5M (+5%), tx volume +27%, stablecoin txs up 40%—solid network growth

3. ETF Surge: Retaining momentum since launch—SSK staking ETF had $12M inflow at debut and is seeing ~$3.3M daily

4. Technical Setup: Ascending/symmetrical triangle—tightening range $162–$178; breakout likely soon

🧠 Trader Take

Bullish posture: Holding above VWAP & EMAs; triangle breakout in play

Key levels:

Support: $162–$167 zone

Resistance: $167 → $178 → $200

Catalysts watch: Derivatives OI surge (+2.5% 24h), ETF daily inflows ($3M+)

Next move: Big breakout puts $200 in play; breakdown retest may offer dip-buy

➡️ DYOR .

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