SOL Staking ETF Set to Launch in the US — Is a Massive Solana Price Surge Coming?
Jakarta, Pintu News – Solana experienced a slight decline of 1% and was trading at $148 on July 1, 2025. The altcoin weakened despite reports that the first SOL staking ETF will launch in the US tomorrow.
Even so, news of the ETF has sparked optimism in the market from traders, with some predicting that Solana prices could experience a major bull run this week.
If SOL responds to the ETF launch, how high might the price increase go? Let’s explore.
Solana price in the spotlight as first SOL ETF launches in the US
As recently reported, REX-Osprey will launch a spot SOL ETF this week. This product not only gives investors exposure to SOL, but also allows them to earn staking income.
Read also: Ripple Price Prediction: Can XRP Reach $3 in July 2025?
The initiative aims to pave the way for institutional adoption of cryptocurrencies, which is considered to be a positive sentiment towards Solana’s price.
This impending launch has caught the attention of some of the industry’s leading figures, including analysts from Bloomberg, who estimate that the spot SOL ETF is now closer to approval than ever before.
Eric Balchunas stated that this launch could potentially push up prices, saying:
“Get ready for a possible Alt Coin ETF Summer, with Solana likely leading the wave.”
SOL Spot ETF approvals soar 95%
On the other hand, James Seyffart notes that the chances of approval for the spot SOL ETF have jumped to 95%, along with other altcoins such as Litecoin (LTC) and XRP (XRP). As these odds increase, retail traders seem to be positioning themselves for a potential Solana price rally.
Based on data from Glassnode (1/7/25), the number of addresses that store more than 0.1 SOL has reached an all-time high, breaking 11.44 million.
These small addresses are generally active in market sentiment-based trading, and if they start buying now, it shows an expectation of price recovery.
Therefore, with the increased interest – both from retail investors and potential institutional interest due to the SOL staking ETF – it is not impossible that Solana prices will rally, especially since the current technical structure already hints at a bullish outlook.
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How will SOL react?
As mentioned earlier, the most anticipated reaction to SOL prices amid increased optimism over ETFs is a bull run.
The potential for this rally is further enhanced by the formation of a symmetrical triangle pattern that signals a breakout from the consolidation phase.
This triangle formation gives rise to bullish Solana price predictions, especially if SOL is able to break the upper resistance level at $159. Yesterday, the price was rejected at this level.
However, if there is a surge in buying pressure and the price manages to close convincingly above it, then a 47% rally could begin towards $235.
The AO (Awesome Oscillator) histogram supports this bullish outlook, as the bars of the indicator are starting to turn green although they are still below the average level.
This formation suggests that the bearish pressure that has been holding SOL below the $200 psychological level is starting to weaken, and a rally could happen in the near future.
At the same time, Solana prices seem to be facing strong resistance at the 50-day SMA level at $157. To continue the rally above $200, the price needs to cross this short-term moving average as well as break the 200-day SMA at $166.
However, a decisive price close below this crucial SMA level could also happen after the launch of the REX-Osprey staking SOL ETF in the US tomorrow, meaning a symmetrical breakout of 47% could be imminent.
Therefore, if Solana prices react to this news, traders can anticipate a move towards levels above $200.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
Reference:
- Coingape. How Could Solana Price React on US Staking ETF Launch Tomorrow. Accessed on July 2, 2025
