Solana News Today: Solana Price Rises 98% From 2024 Low Amid ETF Inflows and 7.52% Staking Yields

Generated by AI AgentCoin World
Sunday, Aug 17, 2025 1:18 pm ET2min read
SOL
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Aime RobotAime Summary

- Solana (SOL) gains momentum near ATH, driven by SSK ETF inflows and 7.52% staking yields attracting institutional/retail investors.

- SSK ETF accumulates $164M in 7 weeks, now holding $183M, while Solana's network sees 31% transaction surge and $11.6B stablecoin growth.

- Technical indicators show $193 price in ascending channel with potential $210 test, though $200 resistance and macro risks persist.

- Analysts project 50% 2025 price rise to $282.66, but ETF approval delays and Fed policy shifts create short-term uncertainty for crypto markets.

Solana (SOL) is gaining renewed momentum as the price continues to inch closer to its all-time high (ATH), fueled by sustained inflows into the newly launched REX-Osprey SOL + Staking ETF (SSK) and a surge in network activity. Despite trading slightly below $200, the asset is demonstrating strong upward momentum, having nearly doubled from its 2024 low. The SSK ETF has seen consistent inflows for seven consecutive weeks, accumulating over $164 million in net inflows and now holding more than $183 million in assets, solidifying its position as one of the top altcoin ETFs on the market [1].

The ETF’s success reflects growing institutional and retail investor interest in

Solana
, particularly as it allows investors to benefit from both price appreciation and staking yields. Staking yields on Solana have climbed to 7.52%, making it an increasingly attractive option for passive income generation [1]. Analysts suggest this trend may indicate strong readiness among investors for spot ETF approvals, should the SEC finalize them later in the year [1].

Network metrics also highlight Solana’s robust performance. Over the past 30 days, stablecoin supply on the Solana network increased by 6.2%, surpassing $11.6 billion, while adjusted transaction volume hit $186 billion, reflecting heightened usage across decentralized applications (dApps). Monthly transactions have surged by 31%, reaching 2.44 billion, with active addresses rising above 90 million [1]. These figures underscore Solana’s position as one of the most active blockchain networks, supporting its appeal to both developers and users.

Technically, Solana has been in a strong uptrend, rising from a low of $95.42 in April to nearly $193. The price is currently within an ascending channel and has formed a golden cross as the 50-day and 200-day moving averages intersected. While the price remains slightly below the upper channel line, analysts suggest it could test the $210 level next. A successful breakout above that threshold could bring Solana closer to its ATH of $295 [1].

Despite these optimistic signals, some challenges persist. The $200 level has historically been a key resistance point, with previous attempts to break above it met with strong selling pressure. Additionally, broader market volatility, driven by macroeconomic factors including recent Federal Reserve policy shifts, continues to pose risks for crypto assets. The delay in the approval of a Solana spot ETF until October 16 has also added uncertainty, with investors split on how this might impact short-term price dynamics [2].

Looking ahead, Solana remains well positioned for further growth. While some analysts project the price could rise by nearly 50% in 2025 to reach $282.66 [5], the market remains cautious given the historical volatility of altcoins. Investors are advised to monitor key on-chain metrics, ETF developments, and broader macroeconomic news to gauge the sustainability of the current rally.

Source:

[1] https://coinmarketcap.com/community/articles/68a20bb070f43f43c4f20e83/

[2] https://coincentral.com/fed-moves-trigger-crypto-volatility-btc-eth-sol-drop-as-rblk-holds-strong/

[5] https://www.bitget.com/price/solana/price-prediction