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Solana News Update: Institutional ETF Investments Propel Solana Toward $200 in Bullish Momentum

Solana News Update: Institutional ETF Investments Propel Solana Toward $200 in Bullish Momentum

Bitget-RWA2025/10/26 00:48
By: Bitget-RWA
- Solana (SOL) rebounded above $180 support, surging to $195 on October 25 amid strong inflows into the SSK ETF (SSK-Osprey Staking Solana ETF). - Institutional interest grows as SSK manages $400M+ assets, with JPMorgan predicting $6B+ inflows for mainstream Solana ETFs within a year. - Technical analysis highlights a potential triple-bottom pattern, with $200 as key resistance and $253 as a possible breakout target if $188 support holds. - Fidelity listing SOL on its platform and Hong Kong's stricter cryp

Solana (SOL) has bounced back from the crucial $180 support zone, fueling bullish sentiment as traders set their sights on the $200 resistance level as the next possible milestone. On October 25, the token climbed to $195, marking a 12% rebound from its monthly low, largely propelled by strong capital inflows into the REX-Osprey Staking

ETF (SSK), which now oversees assets exceeding $400 million, according to . This expansion, despite the prevailing bearish trend in the crypto market, highlights increasing institutional appetite for altcoins. JPMorgan analysts estimate that mainstream Solana ETFs could draw more than $6 billion in investments during their inaugural year.

Chart analysis points to a positive trend.

continues to trade above a significant upward trendline that links the lows from April, June, and October, while also shaping a possible triple-bottom formation—often a precursor to upward breakouts, the report observed. The $200 resistance, which was last reached in July, is now a key focus; surpassing it could propel the price toward the September high of $253. On the other hand, if SOL falls below the $188 support, the bullish scenario may be negated, potentially sending the price down to $183, as noted by .

Solana News Update: Institutional ETF Investments Propel Solana Toward $200 in Bullish Momentum image 0

The SSK ETF stands out for its 0.75% expense ratio, which is higher than the expected fees for upcoming Solana ETFs from companies like VanEck and Fidelity. However, its distinctive model of distributing staking revenue has drawn investor interest, according to the crypto.news report. Fidelity has also expanded retail participation by adding SOL to its U.S. trading platform, alongside

(BTC) and (ETH), as reported by CoinDesk. This development reflects a broader trend of institutional acceptance, with the Solana network itself experiencing a 14% increase in stablecoin supply to $15.6 billion and a 55% jump in adjusted transaction volume to $48 billion over the past month.

At the same time, the Hong Kong Stock Exchange’s stricter listing requirements for crypto-related companies illustrate a shifting regulatory environment, where institutions must prove sustainable business models to justify significant crypto holdings, according to

. While these measures are aimed at so-called "Digital Asset Treasury" (DAT) firms, they also signal the growing maturity of crypto as an investment class. Kevin de Patoul from Keyrock emphasized that true institutional advancement is measured by sound strategy and execution, not merely by accumulating tokens.

For Solana, the combination of ETF inflows, stronger network fundamentals, and broader retail access places the asset at a critical point. Experts warn that although $200 is a significant psychological barrier, ongoing momentum will rely on broader economic trends and regulatory developments. For now, bullish investors are hopeful that the $180 support level has provided a foundation for SOL to revisit its September highs.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Bitget-RWA2025/11/05 12:14

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