- The worth of Solana (SOL) has shaped a bullish flag, eyeing a breakout above key resistance.
- Solana ETF submitting and 1inch integration have boosted Solana’s fundamentals.
- Brief squeeze and quantity surge sign robust market momentum.
After weeks of regular motion, Solana (SOL) is flashing indicators that recommend a robust breakout may very well be on the horizon.
The token is at the moment holding robust round $151.45, with its 24-hour vary stretching between $149.71 and $154.17.
This stability comes as SOL cements its place among the many top-performing belongings within the crypto market, gaining over 12% prior to now seven days.
Bullish flag breakout hints at continuation
Solana’s every day chart has now damaged previous a textbook bullish flag sample, a formation that always precedes a pointy upward transfer.
This sample shaped as the value consolidated in a narrowing vary, with greater lows and decrease highs tightening the construction.
Presently, SOL is buying and selling above the higher line of this flag, whereas additionally testing its 100-day shifting common, which now acts as dynamic resistance.
A profitable shut above the shifting common may very well be the catalyst that unlocks the following section of the rally.
Momentum indicators are already aligning in favour of the bulls, because the MACD flashes a purchase sign whereas the RSI has climbed above the impartial 50 mark.
Solana ETF buzz has ignited institutional curiosity
Past the charts, elementary information is including gas to Solana’s upward narrative.
REX Shares not too long ago made a publish on the social media platform X, hinting on the launch of a Solana staking ETF.
Coming Quickly: The First-Ever Staked Crypto ETF within the U.S.!
Introducing the REX-Osprey™ SOL + Staking ETF, designed to trace the efficiency of Solana whereas producing yield by on-chain staking.
✔️ SOL publicity
✔️ Staking rewardsA brand new period of yield-generating crypto… pic.twitter.com/I8yIEqiI5R
— REX Shares (@REXShares) June 27, 2025
This proposed exchange-traded fund goals to trace SOL’s value whereas producing yield by on-chain staking.
Market observers consider this submitting might appeal to institutional capital into Solana’s ecosystem, particularly if the ETF goes reside earlier than others within the pipeline.
Notably, Bloomberg’s ETF analyst Eric Balchunas confirmed that REX has addressed SEC issues.
The event may very well be an indication that the product could launch ahead of anticipated.
Merchants are deciphering the ETF information as a possible game-changer, with some seeing it as a validation of Solana’s rising position in decentralised finance.
This renewed confidence is obvious within the rising buying and selling quantity, which surged practically 18% to over $3.7 billion in a single day.
Brief squeeze has triggered a volatility surge
Whereas momentum builds, Solana’s fast value actions have caught quick sellers off guard.
Knowledge from CoinGlass reveals that greater than $9.64 million has been liquidated from quick positions in a pointy transfer upward.
This sudden liquidation spike fueled a mini quick squeeze, driving the value above $154 earlier than a minor pullback returned it to the $150 stage, inflicting some lengthy positions to be liquidated as proven on the screenshot above.
Regardless of the short-term dip, the truth that Solana continues to be buying and selling above key technical ranges means that bullish management stays intact.
Quantity continues to stay within the inexperienced zone, an indication that merchants are getting ready for one more leg greater if momentum resumes.
1inch integration strengthens Solana’s ecosystem
Including to the bullish fundamentals, 1inch — the most important DEX aggregator — has now absolutely built-in Solana into its pockets and platform.
1inch is now out there on Solana for seamless on-chain swaps.
It’s an enormous step in the direction of true DeFi unity.
✅ API assist already on-line 🚀 Pockets integration and native cross-chain coming quickly.
That is the beginning of one thing large.
Discover out extra 👀 https://t.co/Xoi1oloOPq pic.twitter.com/0jFpah9FIx
— 1inch (@1inch) April 29, 2025
Beginning June 30, customers can swap over 1,000,000 SOL tokens instantly from the 1inch Pockets, marking a significant milestone for cross-chain DeFi.
The combination provides real-time stability monitoring, seamless dApp connections, Ledger {hardware} pockets assist, and top-tier swap execution for Solana tokens.
Based on 1inch co-founder Sergej Kunz, this transfer bridges EVM and non-EVM chains, making a smoother expertise for DeFi customers worldwide.
Solana’s exercise on 1inch has already surged for the reason that preliminary integration started weeks in the past.
The mixture of velocity, scalability, and a thriving ecosystem makes Solana more and more enticing for each builders and merchants in search of environment friendly, low-cost buying and selling.
Solana value outlook: $160 resistance in sight
On the present value stage, Solana is consolidating just under the crucial resistance at $160.
If the bulls handle to flip this stage into assist, the following value goal sits round $184, a zone that aligns with prior highs and bullish extension projections.
Optimism stays, particularly as SOL continues to kind greater highs and better lows inside a long-term ascending channel.
Some projections place a longer-term value goal close to $300, whereas others stretch as excessive as $700 if quantity and construction align within the coming months.
However for now, all eyes stay on whether or not Solana can keep its footing above the $148–$150 assist zone.
