Solana
SOL
$179.0
24h volatility:
1.3%
Market cap:
$96.32 B
Vol. 24h:
$5.30 B
value hovered close to $180 on Wednesday, July 30, slipping from final week’s peak of $200 as markets turned cautious forward of the US Federal Reserve’s next interest rate guidance. Though the broader crypto market remained tepid on Wednesday, Solana value has held comparatively agency in comparison with friends, largely as a consequence of constructive institutional flows and optimism round regulatory readability.
On July 29, the US SEC approved “in-kind” redemptions for crypto ETFs, permitting fund managers to swap crypto for ETF shares straight. This determination addresses prior liquidity issues and reduces capital good points tax friction for buyers, rising demand for crypto-based ETFs.
Solana Staking Deposits, July 30, 2025 | Supply: StakingRewards.com
In response, Solana buyers staked 4.1 million SOL in a single day. Data from StakingRewards.com affirm that whole staked SOL rose from 397.8 million on July 29 to 401.9 million SOL at press time, a 1% improve inside 24 hours. This means that long-term holders are reacting positively to the ETF rule change, decreasing short-term promote stress by locking up tokens.
The sudden improve in staking briefly cuts down circulating provide on exchanges, typically a number one indicator of value rebounds throughout bullish macro shifts. If staking continues to outpace withdrawals, SOL might reclaim increased ranges as demand picks up on decrease float.
SOL Price Prediction: Will $200 Flip to Help Once more?
From a technical perspective, Solana has been consolidating inside a tightening Bollinger Band vary after peaking close to $210 earlier in July. Presently priced at $178, SOL trades close to the 20-day Bollinger common of $178.71, a essential midline degree. If bulls can defend this degree, upside momentum might resume.
A bounce from right here, particularly amid continued staking progress and ETF-driven demand, might set off a rally towards $202.37, the higher band resistance.
If Solana clears $200 once more with sturdy quantity, a brand new bullish leg towards $220 turns into possible in August.
Solana Price Prediction | SOLUSD 24H | TradingView
Conversely, the MACD indicator is popping bearish with a bearish crossover exhibiting that the MACD line at 7.00 has crossed beneath the sign line at 8.29, whereas the histogram flips purple. A each day shut beneath $175 would invalidate this setup and open threat towards $160.
With the MACD exhibiting weak short-term demand, additional corrections might check the subsequent key help degree at $155, which aligns with the decrease Bollinger band.
Solaxy Presale in Demand as Merchants Goal 67% Yield
Solaxy is rewarding SOL holders with each day yield bonuses for staking or buying and selling straight on the platform.
Solaxy Presale
As Solana’s circulating provide tightens and long-term prospects brighten with ETF readability, Solaxy affords the simplest strategy to keep uncovered to SOL upside whereas incomes as much as 67% in staking rewards.
Go to the official Solaxy site to affix the presale earlier than the subsequent change itemizing.
The publish Solana Bulls Stake 4.1M SOL as Price Holds $180 Post-ETF Approval: What’s Next? appeared first on Coinspeaker.
