Solana Jumps 16% to $160 as REX Shares SOL Staking ETF Nears Approval
Solana’s 16% rally approaches $160 amid speculation that the SEC may approve the first-ever Solana Staking ETF, potentially driving institutional adoption and supply squeeze.
Solana Price Analysis: Death Cross Confirms $160 Resistance amid SOL Strategies Latest Inflows
Solana gained 3.2% to cross $144 following Sol Strategies’ latest ecosystem investment announcement. Despite the rally, technical analysis reveals bearish signals with a Death Cross at $160 limiting upside potential.
Solana (SOL) Price Prediction: Parabolic SAR Signals Active Demand at 20% Drop Zone
Solana opened Monday at $135, down 20% from its June 12 peak of $163. However, network transaction throughput remains strong at 3,796 TPS, suggesting underlying demand persists despite the price decline.
Binance Refutes Claims of Dumping Solana (SOL) During Recent Market Sell-Off, Will SOL Price Recover?
Amid a 23% weekly correction in Solana price, Binance has clarified it hasn’t sold tokens despite social media speculation triggered by market makers withdrawing substantial SOL from the exchange.