The worth of the Solana SOL cryptocurrency is down over 12% this week. With the US authorities shutdown lastly over, traders are hoping for an improved crypto and inventory market to come back quickly, after virtually a month of prime belongings buying and selling within the pink. SOL, being one in all these belongings, wants a spark to rescue it from 6-month lows. Might the subsequent wave of authorized Spot Solana ETFs be that catalyst?
At press time, Solana (SOL) appears to be dealing with some resistance on the $140 value stage. Nevertheless, the asset began 2025 with a bang, hitting an all-time excessive of $293.31 on Jan. 19. Whereas the asset has remained above the $110 value stage and seen sporadic success in 2025, 2024 nonetheless proved to be the better-performing yr. Thankfully, one thing that 2024 lacks that 2025 and 2026 could have is the presence of SOL ETFs.
Six new spot Solana ETFs have gone dwell, every providing distinctive publicity fashions. 21Shares’ new spot ETF is dwell, following its Cboe approval and a aggressive 0.21% administration charge. Constancy additionally entered the market with FSOL on NYSE Arca, together with a staking part. The ETF shortly positioned Constancy as the biggest conventional supervisor providing a SOL product. Additional, VanEck, Canary Capital, Bitwise, and Grayscale now spherical out the ETF lineup.
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This sharp break up between value motion and capital stream has turned SOL into one of many most-watched tokens in late 2025. There have been factors this yr the place SOL has been the best-performing cryptocurrency available on the market, not by worth, however by every day chart development. Its consistency has made SOL among the best bets on the crypto market, and it is among the hopeful components that may assist it choose again up in value.
Moreover, the $130 value level is an important stage for Solana (SOL). Dipping beneath $130 might pull the asset to round $100-$105, a stage final traded at in April of this yr. Dipping beneath $100 would spell severe bother for Solana (SOL). The asset has not traded beneath $100 since January 2024.
