Solana News Today: Solana’s SOL Surges 25.3% as ETF Inflows and Golden Cross Drive $200 Rally

Solana’s native token SOL surged past $200 in early July 2025, driven by a confluence of institutional inflows, bullish technical indicators, and growing market optimism. The price rally, which saw SOL trading at $204.15 on July 8 [1], marked a 12% 24-hour surge and a 25.3% increase over seven days [2]. This upward momentum was fueled by a record $11.03 billion in open interest, a 15.8% rise from $9.52 billion on July 21 [3], signaling heightened speculative activity and confidence in the altcoin’s potential.

Institutional adoption emerged as a critical catalyst. A staking ETF alone recorded over $67 million in just two days, reflecting heightened institutional demand [4]. This inflow coincided with a short squeeze, where liquidations of short positions totaled $11.4 million, dwarfing long-position liquidations at $4.5 million [6]. The imbalance underscored a shift in market sentiment from bearish to bullish. Solana’s market capitalization briefly exceeded $100 billion, temporarily surpassing BNB, its top rival, as major investors and hedge funds allocated capital to the high-performance blockchain [4]. Analysts forecast a potential 2.5X growth by year-end, though this projection remains speculative [5].

Technical analyses reinforced the case for further gains. A “Golden Cross” occurred as Solana’s 50-day exponential moving average crossed above its 200-day line, a traditional buy signal for traders [3]. The token also broke above the 50% Fibonacci retracement level at $195, with the 61.8% level at $219 next in focus [3]. However, caution loomed as the Relative Strength Index (RSI) hit 85, indicating overbought conditions, while the Moving Average Convergence Divergence (MACD) showed rising bullish momentum [3]. Analysts warned that a failure to maintain a close above $195 could trigger a pullback toward the 200-day EMA at $160 [3].

Market dynamics added to the narrative. A revolutionary staking ETF crossed $100 million in assets under management, providing additional tailwinds [2]. Developer activity on the Solana network surged, bolstering institutional interest [8]. Meanwhile, liquidity migration from ETH-based protocols accelerated, with a DeFi specialist noting, “We’re seeing significant movement towards Solana-based protocols as liquidity migrates from ETH and traditional Layer 1 competitors” [4]. This shift expanded Solana’s total value locked (TVL) and reinforced its position in the digital asset space.

Despite these positives, concerns about network stability and regulatory scrutiny persisted, with analysts urging investors to monitor compliance risks [4]. The rally drew comparisons to broader crypto trends, including Ethereum’s cooling momentum and the anticipation of a broader ETF approval wave. Solana’s ability to sustain its gains above $200 will depend on its capacity to balance speculative fervor with fundamental developments, including upgrades to its consensus mechanisms and partnerships with DeFi protocols.

Source:

[1] [Solana Price Forecast: SOL closes in on $200 as fund inflows accelerate](https://www.fxstreet.com/cryptocurrencies/news/solana-price-forecast-sol-closes-in-on-200-as-fund-inflows-accelerate-202507211222)

[2] [Solana Surges Past $200 as Revolutionary Staking ETF crosses 100m milestone](https://www.fxleaders.com/news/2025/07/23/solana-surges-past-200-as-revolutionary-staking-etf-crosses-100m-milestone/)

[3] [Why is Solana rallying with $11 billion open interest?](https://www.fxstreet.com/cryptocurrencies/news/solana-price-forecast-solana-hits-200-amid-golden-cross-record-high-open-interest-202507220730)

[4] [Solana Surges 0.14% to $200 as Technical Breakout and ...](https://www.ainvest.com/news/solana-news-today-solana-surges-0-14-200-technical-breakout-crypto-rally-fuel-300-ath-hopes-2507/)

[5] [Solana Surges Past $200 as $4.72B Capital Inflow Sparks 2.5X Price Growth Outlook by 2025](https://www.ainvest.com/news/solana-news-today-solana-surges-200-4-72b-capital-inflow-sparks-2-5x-price-growth-outlook-2025-2507/)

[6] [Solana Price Forecast: SOL closes in on $200 as fund inflows accelerate](https://www.fxstreet.com/cryptocurrencies/news/solana-price-forecast-sol-closes-in-on-200-as-fund-inflows-accelerate-202507211222)

[8] [Could Solana Hit $250 Soon? What's Fueling SOL's ...](https://vritimes.com/sg/articles/eff2b400-6b2f-11ef-86e5-0a58a9feac02/d1aab795-66fc-11f0-99b6-0a58a9feac02)