Solana (SOL) is trading at $175.19, facing short-term bearish signs despite weekly gains of 16.23%.
Technical indicators suggest a potential consolidation phase, with neutral RSI levels and a possible bearish divergence indicated by the MACD line.
The SEC has delayed its decision on Grayscale’s Solana ETF until October 2025, echoing cautious approach to crypto-based ETFs.
Analysts forecast a bullish outlook for Solana in 2025, predicting a potential range between $340.03 and $376.92 contingent on broader market performance and successful ETF approvals.