SOL Price Toward $300 Next? Solana ETF Approval Chances Near 100%.

SOL Price Toward $300 Next? Solana ETF Approval Chances Near 100%.
SOL Price Toward $300 Next? Solana ETF Approval Chances Near 100%.

Main meals:

  • Solana ETF spot approval of jumping probability to 99.7 % on polymarket.

  • The Sol PRICE BULL brand plays on the daily chart, targeting $ 300.

Solana (Sol) printed a bull science pattern on the daily chart, which is the formation of a technical scheme linked to a strong rise after upward outbreak.

Can this technical preparation, along with possible approval of Solana ETF in 2025, indicate the beginning of the gathering to the highest level ever?

Sol Price Bull Flag targets $ 300

Sol Price Technicals shows that it may gain momentum if it is separated from the bull science style on the daily candle scheme.

The bull science pattern is a bullish preparation that is formed after the price is combined within the slide after a sharp rise in the price.

The bull flags are usually resolved after the price collapsed over the upper direction line and rises by the high rise in the previous upward trend. This puts the top target of the Sol price at $ 303, or a 100 % increase over the current prices.

Sol/USD Daily Chart. Source: Cointelegraph/Tradingvief

The daily RSI moves over the midfield, as it rose to 53 on Wednesday of conditions close to Oversold on 31 on June 22, indicating an increase in the upscale momentum.

Related to: The negative Sol Futures financing rate transfers: Is $ 180 the next station?

To ensure continuous recovery, the Sol/USD pair must first defeat the resistance between $ 155 and $ 165, which are also simple averages for 50 days and 200 days.

Many analysts argue that Sol’s growth to $ 300 is inevitable, citing the increasing network flows, high possibilities of EtF Solana, and bullish ONSAIN standards.

“Solana’s inevitability is still growing with the growth of boxes from other chains every week and month.” He said Crypto Analyst Cryptobits on July 9 on X, adding:

“My goals are sitting at a price of $ 200, $ 300, then unknown lands at a price of $ 500.”

X recent analysis by the famous market analyst Alec Carter Suggest These strong and SOL basics that pick up the multi -declining trend and place it on a path to $ 300.

Solana ETF approval jumps to 99.7 %

The possibility of the approval of the US Securities and Exchange Committee jumped on a box trading in Solana Solana (ETF) in 2025 to 99.7 % on July 2, according to Polymarket Data.

The possibilities are currently 99 % at the time of writing this report on Wednesday, indicating the investor’s confidence in the future of Solana in traditional financial markets.

Solana ETF approval. Source: polymarket

Solana Etf applications from the asset management giants such as Vaneck, Grayscale, 21shares, BitWise, and Canary Capital Signal are a strong demand for SOL Investment Vehicles.

ETF Large Bloomberg James Sevart He said He expects a “wave of investment funds circulating in the second half of 2025”, which sets the possibility of Solana ETF approval by 95 %.

Although the Supreme Education Council has delayed its decision regarding the Solana Sots Federative Investments, SEYFART He said It was expected that the delay was that “the interactions between the Supreme Education Council and the exporters must be viewed positively.”

Approval of immediate Solana Etfs can open institutional capital, which inflates the demand for Sol and may push prices up, with some analysts expect goals of up to $ 1,300.

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.

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