Solana Price Prediction – With ETF Approval Now ‘Almost Certain,’ Could SOL Flip Ethereum in the Next Cycle?
2025-07-02 20:47:32
Main Idea
Solana's potential ETF approval in 2025 could significantly boost its price and market position, with analysts predicting a 95% chance of approval and potential price targets of $200 by August and $300 by year-end.
Key Points
1. Solana is the third-most popular coin among institutions, and ETF approvals could provide a massive boost to its market position.
2. Bloomberg analyst James Seyffart estimates a 95% chance of Solana ETF approval in 2025, with applications from major firms like VanEck, Fidelity, and Grayscale under SEC review.
3. Solana's price could rise to $200 by the end of August and $300 by the end of the year if ETF approvals and market conditions align favorably.
4. Solana's technical indicators show signs of renewed buying pressure, with its RSI rising above 50, indicating potential upward momentum.
5. The article also mentions TOKEN6900, a new meme coin that raised $100,000 in two days, though it lacks utility and focuses on viral appeal.
Description
The Solana price has struggled to move today, with the altcoin staying at $153.36 as the crypto market as a whole loses 1% in the past 24 hours. SOL is now up by 2.5% in a week but down by 1% in a month, while also posting an extremely modest 1% gain in a year. These are disappointing percentages, yet the coming months may prove more profitable for the token, especially if the SEC approves the SOL ETF applications currently under review. Some analysts are beginning to give high odds for approval...
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