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Solana Price Prediction: Will SOL Hit $360 or Stall at $166?
- Solana is exhibiting bullish price action, with analysts predicting a climb towards $336 if current momentum holds.
- The SEC's request for revised SOL ETF filings suggests a more favorable stance on staking, boosting investor confidence.
- Analysts estimate a 90% chance of ETF approval by July, potentially driving Solana closer to institutional adoption.
- Solana (SOL) is trading at $163.61 with a daily gain of 0.73% and increased trading volume, reflecting renewed investor optimism.
- Analyst VipRoseTr notes a breakout pattern indicating a bullish continuation for SOL towards $336, with buying opportunities highlighted between $150 and $160.
- The SEC's request for Solana ETF applicants to revise filings indicates a changing regulatory stance, potentially paving the way for broader institutional interest.
- Various asset managers are vying to launch the first spot Solana ETF, with predictions suggesting a high likelihood of SEC approval by July 2025.
- 2025 price forecasts for Solana range from a strong rise to possibly hitting $360 to more cautious estimates around $166, reflecting market uncertainty.
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