Monday, October 20, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Solana Summer Loading? SOL Eyes $180 Following Breakout

by Rubmar Garcia
July 1, 2025
in Cryptocurrency
Reading Time: 4 mins read
A A
0
Home Cryptocurrency
Share on FacebookShare on Twitter


Purpose to belief

Strict editorial coverage that focuses on accuracy, relevance, and impartiality

Created by business consultants and meticulously reviewed

The best requirements in reporting and publishing

Strict editorial coverage that focuses on accuracy, relevance, and impartiality

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Solana (SOL) has retested an important resistance degree after recovering the $150 degree 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 towards the subsequent key goal.

Associated Studying

Solana Staked ETFs Coming On Wednesday

On Monday, Solana’s value soared to a key resistance degree following the introduction of “the first-ever Solana staked crypto ETF within the US.” Rex Shares introduced it can launch a Solana-based staked ETF this Wednesday, aiming to supply publicity to SOL and staking rewards.

Based on the X publish, the REX-Osprey ETF will monitor SOL’s efficiency whereas “producing yield by way of on-chain staking,” beginning a “new period of yield-generating crypto publicity.” Consequently, Solana climbed to the $160 barrier, which led to almost $9 million briefly positions liquidated on Monday afternoon.

Market Watcher Daan Crypto Trades considers Solana “bounced properly over the weekend” however has but to show the Low Timeframe (LTF) development round. He defined that reclaiming the $159-$167 space is important to intention for larger ranges.

Moreover, the Day by day 200-day Shifting Common (MA) and Exponential Shifting Common (EMA) are at present situated inside this vary. “I might wish to see value commerce again above that to start out focusing on the $180-$200 area once more,” he detailed.

Nonetheless, the dealer questioned whether or not a Solana spot ETF-driven rally will gasoline the cryptocurrency’s run. Notably, a number of funding corporations, together with Grayscale, VanEck, 21Shares, and Bitwise, have filed with the Securities and Alternate Fee (SEC) to launch a spot SOL ETF within the US.

Based on current studies, the funding merchandise have a “excessive probability” of being accredited within the coming weeks, which has seemingly fueled buyers’ expectations of a bullish “Solana Summer season.”

“The massive query is how a lot demand there can be,” Daan asserted, noting that Ethereum (ETH) sport ETFs, accredited in July 2024, had a disappointing launch and “solely began seeing respectable inflows a few 12 months later.”

SOL Prepared For One other Breakout?

Following the ETF-fueled breakout, analyst Hardy famous Solana’s “Textbook transfer, clear breakout, clear retest, and pump,” which may set off a run towards the $200 barrier. Notably, the cryptocurrency noticed a outstanding efficiency over the weekend, reclaiming the $144-$148 essential space and breaking previous the $150 mark.

Amid this efficiency, the analyst highlighted that Solana had damaged out of its native downtrend line after reclaiming the $148 resistance and was retesting the breakout zone. He defined that there’s “Juicy liquidity sitting above, able to be taken,” including that Solana wanted to carry the $150 help to proceed its bullish run towards the subsequent goal.

Associated Studying

In the meantime, analyst Crypto Batman considers that Solana is “organising very properly” after the $160 retest. Per the publish, “It has damaged out from a bullish flag sample that bottomed on the 0.618 Fibonacci degree, a transparent signal of impulsive power within the development.”

It’s value noting that SOL has been buying and selling inside the bullish formation because the Could breakout, hovering between the $130 and $180 vary for almost two months. The analyst forecasted {that a} fast retest to shut the bullish Honest Worth Hole (FVG) and the sample’s higher boundary, across the $148 space, “may set the stage for the subsequent leg.”

As of this writing, Solana is buying and selling at $155, a 2% enhance within the every day timeframe.

Solana, SOL, SOLUSDT
Solana’s efficiency within the one-week chart. Supply: SOLUSDT on TradingView

Featured Picture from Unsplash.com, Chart from TradingView.com



Source link

Tags: BreakouteyesLoadingSOLSolanaSummer
Previous Post

BYD: Time To Lock In Some Profits After A Massive Rally (OTCMKTS:BYDDF)

Next Post

Germany stabbing attack: Man attacks employees in company premises; 1 dead, two injured

Related Posts

Wise Recruiting Digital Asset Lead to Explore Stablecoins

Wise Recruiting Digital Asset Lead to Explore Stablecoins

by Cointelegraph By Sam Bourgi
October 20, 2025
0

Sensible, the worldwide foreign money change and cost platform, is hiring a digital-asset product lead with a deal with stablecoins,...

Are miners now web accumulators? Marathon provides 400 BTC after the crash

Are miners now web accumulators? Marathon provides 400 BTC after the crash

by Index Investing News
October 15, 2025
0

Bitcoin (BTC) miner MARA Holdings purchased 400 BTC for roughly $46 million on Oct. 13, capitalizing within the market collapse...

Citi Warned Stablecoins Could Drain Banks, Now Backs Their Tech

Citi Warned Stablecoins Could Drain Banks, Now Backs Their Tech

by Steven Walgenbach
October 10, 2025
0

Be a part of Our Telegram channel to remain updated on breaking information protection Citigroup has invested in stablecoin infrastructure...

M crypto shorts liquidated in the past hour

$80M crypto shorts liquidated in the past hour

by Vivian Nguyen
October 5, 2025
0

Key Takeaways Roughly $80 million in crypto quick positions have been liquidated in a single hour. Brief positions guess on...

Solana Ecosystem To Gain Boost With New Alliance Between Crypto.com And Sharps Technology – Details

Solana Ecosystem To Gain Boost With New Alliance Between Crypto.com And Sharps Technology – Details

by Godspower Owie
September 30, 2025
0

Trusted Editorial content material, reviewed by main trade consultants and seasoned editors. Advert Disclosure The Solana blockchain is unquestionably within...

Shiba Inu Price Eyes Recovery From Demand Zone

Shiba Inu Price Eyes Recovery From Demand Zone

by Coingapestaff
September 25, 2025
0

The Shiba Inu worth has drawn consideration as its chart reveals tightening consolidation close to a key demand zone. The...

Next Post
Germany stabbing attack: Man attacks employees in company premises; 1 dead, two injured

Germany stabbing attack: Man attacks employees in company premises; 1 dead, two injured

4 Benefits of Black Currant: Plus, Nutrition and Risks

4 Benefits of Black Currant: Plus, Nutrition and Risks

Google confirms when Android 16 QPR2 Beta 3 will return (Update: It’s back)

Google confirms when Android 16 QPR2 Beta 3 will return (Update: It’s back)

October 20, 2025
Democrats Move To Cut Off Funding For Trump’s White House Ballroom

Democrats Move To Cut Off Funding For Trump’s White House Ballroom

October 20, 2025
Wise Recruiting Digital Asset Lead to Explore Stablecoins

Wise Recruiting Digital Asset Lead to Explore Stablecoins

October 20, 2025
After Pyrrhic Gaza Victory, Israel & Tech Allies Drive for Dystopian Control

After Pyrrhic Gaza Victory, Israel & Tech Allies Drive for Dystopian Control

October 20, 2025
Top 10 SA Quant-Rated tech stocks leading 2025 gains

Top 10 SA Quant-Rated tech stocks leading 2025 gains

October 20, 2025
A massive Amazon server outage took down Fortnite, Alexa, Snapchat, and more

A massive Amazon server outage took down Fortnite, Alexa, Snapchat, and more

October 20, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Google confirms when Android 16 QPR2 Beta 3 will return (Update: It’s back)

Democrats Move To Cut Off Funding For Trump’s White House Ballroom

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In