Solana (SOL price prediction: poised to突破关键 resistance level! Staking ETF continues to gather funds + on-chain交易激增, SOL bullish signals are strong.

Solana (SOL) is currently priced around $193, which is below the recent high of $210 but still more than double the low point of 2024. Key bullish signals are emerging: 1) The first Solana staking ETF in the US (SSK) has seen seven consecutive weeks of net inflow, attracting $25.8 million last week, with total assets exceeding $183 million; 2) Solana on-chain activity remains strong: the stablecoin supply has increased by 6.2% to $11.6 billion over the past 30 days, adjusted trading volume reached $186 billion, monthly trading volume surged by 31% to 2.44 billion transactions, and active addresses exceeded 90 million. Technical analysis shows that SOL is in a rising channel, with the 50-day and 200-day moving averages forming a golden cross pattern. Breaking through $210 could open up the potential for a rise towards the historical high of $295.

Staking ETF Continues to Attract Capital, American Investors' Enthusiasm is Rising

Despite the fact that the Solana spot ETF has not yet been approved by the SEC, American investors have been betting on the future of SOL through innovative financial products. Data shows that the REX-Osprey SOL + Staking ETF, with the code SSK, saw a net inflow of $25.8 million last week, significantly exceeding the previous week's $3.5 million. This ETF has achieved seven consecutive weeks of net inflows, totaling $164 million, and its assets under management (AUM) have rapidly climbed to $183 million, placing it among the top altcoin ETFs. The unique advantage of SSK lies in allowing investors to capture both the price rise potential of Solana and staking yields (currently annualized at 7.52%). The continued inflow of funds indicates strong demand for SOL in the U.S. market and sets the stage for potential capital influx after the approval of the spot SOL ETF—Polymarket's prediction platform shows that traders are generally betting that the SEC will allow it within the year.

On-chain activity surges, ecosystem health shines

The fundamentals of the Solana network continue to strengthen, with several key indicators achieving great results:

• The scale of stablecoins has surpassed $11.6 billion: a growth of 6.2% within 30 days, highlighting the attractiveness of DeFi and payment applications in the ecosystem.
• The monthly adjusted volume reached $186 billion: a monthly increase of 6%, reflecting the activity level of actual economic activities.
• Monthly transaction volume surged to 2.44 billion: an astonishing increase of 31% solidifying its position as the "most active public chain in the crypto industry"
• Active addresses exceed 90 million: user base continues to expand, network effects strengthen These on-chain health metrics collectively depict a prosperous landscape for the Solana ecosystem, providing solid support for the value of the SOL token.

Technical Analysis: Ascending Channel Established, Golden Cross Pattern Bullish

From a technical perspective, SOL's recent trend shows a typical bullish pattern:

1. Strong upward trend: The price has risen from the low point of $95.42 in April to the current level of $193.
2. Rise Channel Formation: The price is running along the standard rise channel, currently slightly below the upper boundary of the channel (key resistance level).
3. Golden cross confirmation: The 50-day moving average crosses above the 200-day moving average, forming a strong medium-term bullish signal. Technical patterns suggest that SOL prices are expected to continue their rise. The primary target level is $210, and a successful breakthrough of this resistance will open up greater upside potential, with the historical high of $295 possibly becoming the next key target. Investors should closely monitor the volume conditions.

Conclusion

Solana is experiencing a resonance of positive factors from both technical and fundamental perspectives. The continuous inflow of funds into staking ETFs confirms the demand from institutions and compliant channels for SOL allocation, while the explosive growth in on-chain volume and ecosystem scale provides the intrinsic motivation for value growth. Coupled with the technical support of a daily golden cross pattern and rising channel, the conditions for SOL to break through the key resistance level of $210 are becoming increasingly mature. If the SEC approves the spot Solana ETF within the year as the market expects, it could become a catalyst for igniting a new wave of bullish momentum. Investors should still pay attention to overall market fluctuations and regulatory dynamics when positioning, but under the current multiple positive signals, the upward momentum of SOL should not be underestimated.