🚀 Why $SOL Pumped 21% This Week — ETF Hype Meets Wall Street Bets


Solana surged +21.6% weekly, brushing the $200 mark — but traders remain on edge. What’s driving the hype?


🔍 ETF Approval Odds Hit 91% — According to Polymarket, Solana could be next in line after BTC & ETH. 7 filings, including VanEck & Fidelity, await SEC verdicts by July-end.


🏦 Institutional FOMO — $273M worth of SOL accumulated by players like DeFi Dev Corp & Upexi since May. That’s not retail noise — that’s smart money stacking.


📊 But Caution at $200 — RSI at 71.48 screams “overbought” while price faces key resistance at $185–$200. Break above = $220–$250? Breakdown = $152 risk.


📉 75% of Solana's Q1 rev came from meme coins — speculative, but sticky.


TL;DR: SOL is at a crossroads — bullish ETF tailwinds vs. harsh technical ceilings. The next move? Likely ETF-driven.


#Solana #SOL #Macro Insights# #Altcoin Season# #ETF

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July 23, 2025 at 10:12 AM
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