Solana Update – August 17, 2025
🔹 Price: $193 (+3.03%)
🔹 Range: $185 – $193
🔹 Pattern: Bullish engulfing candle spotted on the weekly chart. Next stop? Analysts eye the $294 ATH 👀
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🐳 Whale & Institutional Moves
A whale just moved 39,875$SOL ($8.2M) to Bybit with a sweet 56% profit 💰
DeFi Development Corp doubled down with a $22M buy (110K$SOL ), now holding $273M staked SOL for passive yield ⚡
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📈 ETF Buzz & Regulations
Solana staking ETF ($SSK) just had its biggest day yet:
👉 $SOL 13M inflows & $60M+ trading volume.
Spot Solana ETF filings are moving forward. Bloomberg still gives high odds of approval in 2025 ✅
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🔥 Fundamentals Stronger Than Ever
TVL up 30% 📊
App revenue up 211% 💵
RWA tokenization hits $391M 🌍
Key Levels:
Support: $175–$180
Breakout: above $205 = target $250–$260
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🌐 Broader Ecosystem
Solana still leads Layer-1s 🚀 but smart money is also eyeing Remittix for cross-border crypto–fiat payments. Could this be the next rotation play? 👀
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✅ Final Take:
All signals point bullish for $SOL: whales are stacking, ETFs are heating up, and fundamentals look rock solid. A break above $205 could set up a rally toward $250+.
👉 Trade now: Buy / Sell $SOL
