Solana’s upcoming ETF launch could be a game-changer, with the potential to drive major capital flows and spark a breakout toward new highs.
Solana’s next big move may be just around the corner, as its potential ETF launch on July 2, 2025, is creating serious excitement. Speculations around the ETF are ramping up; the question on everyone’s mind is: could Solana be gearing up for its next major breakout, possibly setting the stage for a fresh rally toward new highs?
Solana ETF With Staking Possibly to Launch July 2
The next chapter in Solana’s growth could be just around the corner. As shared by MartyParty, REX Shares has announced that its Solana ETF, with staking included, is expected to start trading on July 2, 2025. The ETF, set to trade under the ticker $SSK, would be the first to give investors access to SOL in a traditional market format while also offering staking rewards.
Solana’s upcoming ETF with staking could transform market dynamics. Source: MartyParty via X
If confirmed, this could reshape how institutional and retail investors engage with Solana, potentially unlocking steady flows of capital. Market participants will be watching closely, not just to see what happens to the price, but to understand what this means for the wider adoption of staked crypto assets.
Solana Reclaims $151 With Confidence
Solana has quietly made its way back above $151, brushing off the recent market turbulence like it never happened. As noted by famous crypto analyst Wick, the recovery has been sharp and almost effortless, giving SOL a confident reset after what many assumed was a shaky month.
Solana’s confident recovery above $151 signals underlying strength. Source: Wick via X
Price action this clean suggests not just a bounce, but underlying strength. From a technical standpoint, reclaiming $151 flips a key level back to support. Solana price now sits in a healthier position to retest the $160 to $172 resistance band. With macro tailwinds like the potential ETF approval still in play and volume returning on up days, Solana’s chart structure looks intact for another leg higher.
Solana Technical Analysis
Following its reclaim of the $151 level, Solana continues to push upward with solid technical structure behind it. As highlighted by CryptoGerla, the chart shows a clear breakout from recent consolidation, with price now holding strength above the $144 level. That zone had been capping price action for weeks, but is now acting as fresh support.
Solana’s breakout above $151 and solid support at $144 suggest further upside potential. Source: CryptoGerla via X
The next major resistance lies near $183.35, which marked a local high in April. A clean break above that could open the door to a retest of Solana’s all-time high. With momentum building, the stage appears set for a potential breakout, especially with ETF developments also in focus.
Cup and Handle Pattern Puts Solana in Focus
Alek Carter’s latest chart puts Solana in the spotlight with what looks like a textbook cup-and-handle formation finally breaking out. Solana has been in the limelight due to a potential ETF acceptance, now according to analyst Alek Carter, the price has been in the handle establishment, which is now reaching a potential breakout point.
Solana’s cup-and-handle pattern is signaling a breakout, with a potential target range of $280 to $300. Source: Alek_Carter via X
The breakout area near $150 aligns with this structure’s neckline, and the recent move above it signals a possible shift from consolidation to expansion. The projected target for the cup and handle pattern ranges between $280 and $300. For now, confirmation will hinge on how SOL Solana price handles the $183.35 resistance mentioned earlier. If bulls can sustain momentum above that zone, the breakout narrative gains serious strength.
Final Thoughts: Will SOL ETF Get Accepted This Time?
The Solana ETF is rapidly emerging as a game-changer. If approved, it could open up new avenues for institutional and retail investors alike, setting the stage for a major influx of capital into Solana. The SOL community is eagerly awaiting confirmation, not just for the potential price gains, but also for the wider benefits it may bring to the adoption of staked crypto assets.
While there’s still uncertainty surrounding the final approval, the signs are undeniably promising. As Solana confidently reclaims key levels and shows signs of strong upward momentum, the market may already be pricing in this anticipated change.