Price Snapshot (Updated on 21/7/2025):

`🚀 $191.49 | 📈 24h: -0.40% | 💸 Vol: $19.67B | 🌟 ATH: $191.49`

"Slight decrease as SOL is gearing up for the BlackRock ETF push!"

News & Narratives (HOT UPDATE):

- Short-term:

- BlackRock files for SOL Trust (similar to IBIT), Polymarket predicts 85% chance of ETF approval in 2025.

- Unlock 7.5M SOL ($1.44B) from FTX on 28/7 - the largest selling pressure in SOL history.

- Long-term:

- Firedancer Mainnet: Speed 100K TPS, gas fee $0.00001 - a direct threat to Ethereum.

- AI Integration: Solana Labs launches Chatdango - a chatbot that processes smart contracts via voice.

Technical analysis (4H frame):

```

🟢 Support: $185 (EMA20) → $178 (Fibonacci 61.8%)

🔴 Resistance: $195 (Accumulation zone) → $200 (Psychological)

📈 MACD: Negative histogram but contracting, about to cross up

🌡️ RSI: 71 (Slightly overbought, needs adjustment)

```

Scenario:

- Break $195 → test $210 before ETF decision (October 2025).

- Drop <$185 → down to $170 due to profit-taking after unlock.

Strategy:

- Trader:

- Entry: $188-$190 (short-term support)

- TP: $195 → $205 → $220

- SL: $182 (-4.5%)

- Holder:

- Stake through Jito (APR 8.1% + MEV rewards)

- Farm JUP-SOL LP on Raydium (APR 62%)

Key risks:

```diff

- SEC reaffirms "SOL is security" - risk of ETF delay until 2026

- FTX sells 7.5M SOL unlock on 28/7 (~$1.44B) - accounting for 1.4% supply

- Competitor: Ethereum Cancun upgrade reduces gas fee by 80%

```

Conclusion

> "$SOL is playing the double game: Firedancer technology challenges ETH + BlackRock ETF lures Wall Street capital. Which side do you choose:

> 🔥 A. All-in peak at $250

> 💣 B. Waiting for FTX unlock to buy the dip

> 🤖 C. Just stake - ignore the FUD