Solana (SOL) is stealing the spotlight in the crypto world. In just a week, the Solana crypto price has jumped 15.11%, and over the past month, it’s surged by an astounding 56.10%. Currently, the price of Solana ranges between $211.69 and $252.67, inching closer to its all-time high of $259.96. The next big test? Breaking the $267.85 resistance. If it clears this level, Sol coin[/url] could surge to $308.83, unlocking significant upside potential.
What’s Driving Solana’s Momentum?
The technicals are aligning perfectly for Solana price now. With an RSI of 63.01, momentum is firmly on SOL’s side. Even more telling, the 10-day moving average has outpaced the 100-day average, a clear indicator of a strong uptrend. These signals are fueling bullish sentiment around the Solana coin price.
Could a Solana ETF Be a Game-Changer?
Matt Sigel, head of digital asset research at VanEck, sees big things ahead for SOL. The firm’s June filing for a Solana ETF could open the floodgates if approved. Sigel predicts that by late 2025, a Solana ETF could become reality—especially if a Trump presidency leads to a crypto-friendly SEC.
From Collapse to Comeback
After crashing below $10 during FTX’s fallout, Sol crypto price has staged a stunning recovery. Today, it’s just 6.4% shy of its all-time high. With faster transactions, lower fees, and growing adoption, the Solana price is building momentum. A potential ETF could be the catalyst to push SOL into uncharted territory.
Is now the time to bet on Sol price prediction coming true? The signs are looking stronger by the day.