{"id":11189,"date":"2025-07-01T07:38:38","date_gmt":"2025-07-01T06:38:38","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=11189"},"modified":"2025-07-01T07:38:39","modified_gmt":"2025-07-01T06:38:39","slug":"sol-price-skyrockets-on-etf-news-how-high-can-it-go","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/sol-price-skyrockets-on-etf-news-how-high-can-it-go\/","title":{"rendered":"SOL Price Skyrockets on ETF News : How High Can It Go ?"},"content":{"rendered":"\n

A Price Explosion Driven by Euphoria ?<\/h2>\n\n\n\n

Last Monday, the confirmation of the REX-Osprey SOL + Staking ETF launch<\/strong> propelled the price of SOL<\/a>, Solana’s native cryptocurrency<\/a>, to $161. This represented a 7% increase in just 24 hours<\/strong>. Investors quickly speculated on a potential continued rise, hoping to see SOL exceed $200<\/strong>.<\/p>\n\n\n

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\"SOL<\/figure>\n<\/div>\n\n\n

Source: TradingView<\/p>\n\n\n\n

However, this surge already seems to be losing momentum. SOL eventually ended the day at $157, representing “only” a 4% gain<\/strong>. In comparison, spot Bitcoin and Ethereum<\/a> ETFs available in the United States didn’t generate such enthusiasm at their launch. Several factors suggest this growth might be short-lived<\/strong>. First, investors realized that similar instruments could be created for most altcoins, reducing Solana’s competitive advantage<\/strong>.<\/p>\n\n\n\n

Additionally, the Grayscale Ethereum Trust, which manages $10 billion in assets, shows that institutional demand alone isn’t enough to drive prices skyward. Grayscale’s Solana Trust, meanwhile, weighs in at just $75 million<\/strong>.<\/p>\n\n\n\n

SOL : Can It Really Go (Much) Higher ?<\/h2>\n\n\n\n

Beyond competition, other factors are weighing on the price of SOL<\/strong>. Notably, massive token unlocks from staking, representing $585 million<\/strong> over the next two months. Some of Solana’s decentralized applications have also sold off their SOL holdings, generating additional selling pressure.<\/p>\n\n\n

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\"solana<\/figure>\n<\/div>\n\n\n

Source: TradingView<\/p>\n\n\n\n

Despite this 12.5% increase<\/strong> over 4 days, SOL’s funding rate remains below the neutral threshold of 10%. And the current price of $157 still lags 47% behind its all-time high of $295<\/strong>. On-chain data shows no significant recovery in network activity.<\/p>\n\n\n

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\"solana<\/figure>\n<\/div>\n\n\n

Source: laevitas.ch<\/p>\n\n\n\n

While the Solana ETF announcement initiated an upturn, Solana network’s fundamentals remain fragile. Growing competition, token unlocks<\/strong>, and weak institutional demand are all factors tempering short-term optimism. Investors would therefore be well-advised to remain cautious before taking positions in SOL.<\/p>\n\n\n\n

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