🌞 𝑺𝙊𝑳 𝑺𝙪𝒎𝙢𝒆𝙧 𝙃𝒆𝙖𝒕𝙨 𝙐𝒑 — 𝑬𝙏𝑭 𝑩𝙪𝒛𝙯 𝙏𝒂𝙧𝒈𝙚𝒕𝙨 $180+

Solana ($SOL

) is back in the spotlight after a powerful rebound above $150 over the weekend, fueled by excitement surrounding a new SOL-based staked ETF. This surge pushed SOL to $160, triggering $9M in short liquidations.

📈 The momentum stems from the launch of the REX-Osprey SOL Staking ETF, designed to generate on-chain yield—marking a new chapter in yield-focused crypto products.

According to Daan Crypto Trades, Solana had a solid weekend bounce but hasn't yet reversed its low timeframe trend. A sustained move above the $159–$167 zone is key to unlocking the next leg up.

Still, Daan remains cautious, questioning whether a SOL spot ETF can drive the same hype, citing Ethereum’s underwhelming ETF debut in July 2024. Applications from Grayscale, VanEck, 21Shares, and Bitwise for US spot SOL ETFs are pending SEC review.

🧠 Analyst Hardy noted Solana’s clean breakout and retest, calling it a “textbook move” with potential to push toward $200, as long as $150 holds strong. The reclaim of the $144–$148 range was a key technical trigger.

🔍 Meanwhile, Crypto Batman points to a bullish flag breakout around the 0.618 Fibonacci level—an indication of strong upward momentum. SOL has traded between $130 and $180 since May, and the breakout could signal the start of a bigger move.

🚀 Is $SOL gearing up for a summer breakout to $200?

$ETH

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