Now we evaluate the situation of Solana (SOL) comprehensively:
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🔍 Current Situation
The price is around 140.9 USD, with a slight drop of about 1.4% during the day.
Daily trading volume is high (~3.6–4 billion USD), reflecting significant market momentum activity.
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📈 Recent Driving Factors
1. Optimism Regarding ETF
Updates have been submitted by several companies to the SEC for filing ETF applications for Solana, although there is no rush from regulators for quick approval.
The probability of ETF approval has risen to 90–91%, with a significant increase in futures buying and positive technical support, such as the "bullish flag" pattern targeting ~315 USD.
2. Geopolitical Market Sensitivity
Leading moves in cryptocurrencies are often linked to global tensions; likely the market is responding to investors' desire to avoid risks, sometimes causing greater volatility for SOL.
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🛠 Technical Analysis
SOL is trading below the 20–50–100–200 day moving averages, within a resistance range between ~148.5 and 156.1 USD.
Critical resistance levels at 154–156 and 165, breaking these may push the price towards 179–195 soon.
Current support ranges between 140 and 148 USD; losing this range may push the stock down to 127–140 USD.
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💡 Future Forecasts
Short term (weeks): If SOL breaks the moving averages with strong trading volume, we might see it rise towards 180–195 USD. However, staying below that may bring the price back to 140–150.
End of 2025:
Various analyses predict an average price between 200–400 USD, with a very optimistic scenario reaching up to 500 USD.
A realistic target at 300–400 USD if the ETF is approved and the Firedancer update is achieved for network expansion.
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🎯 Summary
Technical indicators: Critical range at 140–156; either a bullish trend towards 180 or a subsequent correction towards 127–140.
Market fundamentals: Strong support from ETF news and SOL derivatives momentum, but geopolitical concerns may weaken any rise.
Future opportunities: If regulatory and technical support is completed, we may see a strong rise towards 300–400 USD in the coming months.
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✅ Market Tips
For short-term speculators: Watch for a break of the resistance range (156–165), and prepare for a move towards ~180–195 if achieved.
For medium/large investors: If you believe in the future of Solana as a network, entering around 140–150 with a stop loss at 127 may be appropriate, with a target of 300+ in the long term, provided regulatory and technical support continues.
#Sol$$