{"id":5688,"date":"2025-07-01T18:13:20","date_gmt":"2025-07-01T18:13:20","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/solana-summer-loading-sol-eyes-180-following-staked-etf-fueled-breakout\/"},"modified":"2025-07-01T18:13:20","modified_gmt":"2025-07-01T18:13:20","slug":"solana-summer-loading-sol-eyes-180-following-staked-etf-fueled-breakout","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/solana-summer-loading-sol-eyes-180-following-staked-etf-fueled-breakout\/","title":{"rendered":"Solana Summer Loading? SOL Eyes $180 Following Staked ETF-Fueled Breakout"},"content":{"rendered":"

Solana (SOL) has retested a crucial resistance level after recovering the $150 level over the weekend. The surge, fueled by the upcoming launch of a SOL-based staked exchange-traded fund (ETF), has led some analysts to forecast a rally toward the next key target.<\/p>\n

Solana Staked ETFs Coming On Wednesday<\/h2>\n

On Monday, Solana\u2019s price soared to a key resistance level following the introduction of \u201cthe first-ever Solana staked crypto ETF in the US.\u201d Rex Shares announced it will launch a Solana-based staked ETF this Wednesday, aiming to offer exposure to SOL and staking rewards.<\/p>\n

According to the X post<\/a>, the REX-Osprey ETF will track SOL\u2019s performance while \u201cgenerating yield through on-chain staking,\u201d starting a \u201cnew era of yield-generating crypto exposure.\u201d As a result, Solana climbed to the $160 barrier, which led to nearly $9 million in short positions liquidated on Monday afternoon.<\/p>\n

Market Watcher Daan Crypto Trades considers<\/a> Solana \u201cbounced nicely over the weekend\u201d but has yet to turn the Low Timeframe (LTF) trend around. He explained that reclaiming the $159-$167 area is necessary to aim for higher levels.<\/p>\n

Additionally, the Daily 200-day Moving Average (MA) and Exponential Moving Average (EMA) are currently located within this range. \u201cI would want to see price trade back above that to start targeting the $180-$200 region again,\u201d he detailed.<\/p>\n

Nonetheless, the trader questioned whether a Solana spot ETF-driven rally will fuel the cryptocurrency\u2019s run. Notably, multiple investment firms, including Grayscale, VanEck, 21Shares, and Bitwise, have filed with the Securities and Exchange Commission (SEC) to launch a spot SOL ETF in the US.<\/p>\n

According to recent reports<\/a>, the investment products have a \u201chigh likelihood\u201d of being approved in the coming weeks, which has seemingly fueled investors\u2019 expectations of a bullish \u201cSolana Summer.\u201d<\/p>\n

\u201cThe big question is how much demand there will be,\u201d Daan asserted, noting that Ethereum (ETH) sport ETFs, approved in July 2024, had a disappointing launch and \u201conly started seeing decent inflows about a year later.\u201d<\/p>\n

SOL Ready For Another Breakout?<\/h2>\n

Following the ETF-fueled breakout, analyst Hardy noted Solana\u2019s \u201cTextbook move, clean breakout, clean retest, and pump,\u201d which could trigger a run toward the $200 barrier. Notably, the cryptocurrency saw a remarkable performance over the weekend, reclaiming the $144-$148 crucial area and breaking past the $150 mark.<\/p>\n

Amid this performance, the analyst highlighted<\/a> that Solana had broken out of its local downtrend line after reclaiming the $148 resistance and was retesting the breakout zone. He explained that there is \u201cJuicy liquidity sitting above, ready to be taken,\u201d adding that Solana needed to hold the $150 support to continue its bullish run toward the next target.<\/p>\n

Meanwhile, analyst Crypto Batman considers<\/a> that Solana is \u201csetting up very nicely\u201d after the $160 retest. Per the post, \u201cIt has broken out from a bullish flag pattern that bottomed at the 0.618 Fibonacci level, a clear sign of impulsive strength in the trend.\u201d<\/p>\n

It\u2019s worth noting that SOL has been trading within the bullish formation since the May breakout, hovering between the $130 and $180 range for nearly two months. The analyst forecasted that a quick retest to close the bullish Fair Value Gap (FVG) and the pattern\u2019s upper boundary, around the $148 area, \u201ccould set the stage for the next leg.\u201d<\/p>\n

As of this writing, Solana is trading at $155, a 2% increase in the daily timeframe.<\/p>\n

\"Solana,<\/p>\n","protected":false},"excerpt":{"rendered":"

Solana (SOL) has retested a crucial resistance level after recovering the $150 level over the weekend. The surge, fueled by the upcoming launch of a SOL-based staked exchange-traded fund (ETF), has led some analysts to forecast a rally toward the next key target. Solana Staked ETFs Coming On Wednesday On Monday, Solana\u2019s price soared to…<\/p>\n","protected":false},"author":1,"featured_media":5689,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[2761,42,725,468,281,33,200,2762,82,989,2763,2764,214,1774],"class_list":["post-5688","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency-market-news","tag-crpyto-bull-run-2025","tag-crypto-analyst","tag-crypto-market-correction","tag-crypto-market-recovery","tag-crypto-trader","tag-cryptocurrency-market-news","tag-sol","tag-sol-etf","tag-solana","tag-solana-etfs","tag-solana-staked-etf","tag-solana-summer","tag-solusdt","tag-us-sec"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/5688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=5688"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/5688\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/5689"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=5688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=5688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=5688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}