SOL ETF news gain evaporates, while chart warns of another 20% drop

SOL Rallies After Staked ETF Launch But $160 Must Hold - Data Intelligence

Key point: REX Shares launched the first-ever US-staked cryptocurrency exchange-traded fund on Wednesday, giving investors direct exposure to Solana (SOL) and an opportunity to earn yield through staking.   Although the price action showed promise in the past few days, the recovery fizzled out on Tuesday. Could buyers push the price above the overhead resistance in the next few days? Let’s analyze the charts to find out. Solana price prediction …

Solana ETF Rally Fades as Charts Signal Potential 20% Drop

SOL shot up 5% on Solana ETF news and then gave it all back. Hype in crypto is a fickle mistress like a Florida man on bath salts: unpredictable, charming, somewhat lovable. Meanwhile, SOL is drifting near critical supply and demand zones; its next move hangs in the balance as traders weigh flash momentum against deeper support. SolanaPriceMarket CapSOL$79.75B24h7d30d1yAll time Solana ETF Driven Surge Meets Immediate Resistance The ETF announcem…

SOL ETF news gain evaporates, while chart warns of another 20% drop - WorldNL Magazine

Key takeaways:SOL’s 5% ETF-driven rally to $160 was reversed entirely within 24 hours, exposing persistent technical weakness on the lower and higher time frames.SOL trades near a key $144.5–$147.7 supply cluster. A breakdown below $144 could trigger a drop to $124 or even $95–$100, where support thins out.SOL (SOL) rallied 5% to hit $160 on Monday following news of its first exchange-traded fund (ETF) going live for trading on Wednesday. Howeve…

SOL ETF news gain evaporates, while chart warns of another 20% drop

SOL retraced its ETF rally, and with over 14% of supply concentrated at $144, holding this key support is critical to avoid a deeper correction.

Solana Drops 7.8% Ahead of REX-Osprey SOL + Staking ETF Launch

Solana (SOL) plunged 7.84% over the past 24 hours, falling from $157.42 to $145.08 as of 20:03 UTC on July 1, 2025, significantly underperforming the broader crypto market, which declined just 0.24% based on the CoinDesk 20 Index. The sell-off comes just one day before the highly anticipated debut of the REX-Osprey SOL + Staking ETF (ticker: SSK) on July 2. This marks the first U.S.-listed ETF offering direct exposure to Solanas token along with…