The first query surrounding Solana’s value evaluation this week is whether or not it may attain $200 within the quick time period. SOL is at present buying and selling at round $152.50 and is up a modest 1.5% previously 24 hours.
SOL at present faces heavy resistance at $164 and might want to push by way of this degree to entertain any concepts of a run towards $200 in July.
(TRADINGVIEW)
4-Hour Shut Key For Solana Worth Evaluation This Week: Above $153 And All Bets Are Off
Regardless of the resistance forward for the SOL value, it’s exhibiting a decisive breakout from a symmetrical triangle; nonetheless, it first wants to shut above $153 on the 4-hour timeframe to keep up its uptrend.
From there, the $164 resistance will come into play, which might show a major barrier. Nonetheless, with Bitcoin hovering slightly below all-time excessive ranges and looking out prepared for a breakout at any second, Solana might observe swimsuit.
The present trendline for SOL has been revered because the starting of July, leading to tight compression that seems poised to result in an explosive breakout.
On the next timeframe, the 1-day chart reveals a cup and deal with sample forming, which aligns properly with the low-timeframe outlook, each signalling a transfer to the upside within the following days.
Solana value evaluation this week is counting on a transfer from Bitcoin, because it continues to hover slightly below $109,000 and appears prepared to interrupt out above $110,000. A transfer of this magnitude from the main digital asset would seemingly give altcoins, reminiscent of SOL, the gasoline they should acquire momentum.
DISCOVER: 9+ Finest Excessive-Threat, Excessive–Reward Crypto to Purchase in July 2025Â
Catalysts That May Ship SOL Parabolic: Incoming Spot ETFs Would Do The Trick
$SOL ETF has seen $41 million in internet inflows thus far.
pic.twitter.com/qa1HmPiPh1
— CryptoGoos (@crypto_goos) July 9, 2025
Solana seems to be the favorite as the subsequent altcoin to obtain full SEC approval for a spot ETF. Rex-Osprey launched the primary Solana Staking ETF earlier this month, and thus far, it has been an amazing success, attracting over $41 million in inflows throughout its first 4 days of buying and selling.
This important quantity of institutional capital flowing into SOL by way of only one ETF product underscores the substantial urge for food for spot SOL funding from regulated institutional choices.
As of now, there are over 10 SPOT SOL ETF functions with the SEC from the likes of BlackRock, Constancy, Bitwise, and 21Shares, amongst others.
They’re the favourites to be granted full approval earlier than another altcoin, with prediction market platform Polymarket having a 99% likelihood of a US-based spot Solana ETF being accepted in 2025.
On the subject of ETFs, US President Trump has formally filed for a ‘Crypto Blue Chip’ ETF by way of his Reality Social platform, with SOL listed as having an 8% allocation inside the basket of belongings that additionally embrace BTC, ETH, XRP and CRO.
DISCOVER:Â Subsequent 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025
Pump.enjoyable Token Launch Subsequent Week Appears to be like Set To Deliver Liquidity And Consideration Again To Solana
@Bybit_Official will maintain @Pumpdotfun $PUMP token sale on July twelfth
$PUMP Worth: $0.004
The sale will begin on July twelfth, at 14:00 UTC and can final until July fifteenth, 14:00 UTC. Pump enjoyable is a Solana-based… pic.twitter.com/yxs4ILoyjt
— CryptoDep (@Crypto_Dep) July 9, 2025
One other underrated occasion inside the Solana ecosystem that might present gasoline for a possible SOL run is the general public token sale for Pump.enjoyable’s $PUMP token.
The token sale begins on July 12 and the Pump.enjoyable staff plans to boost $600 million by way of its public providing. As of proper now, it has been reported that traders throughout Europe might be banned from collaborating within the PUMP token sale, which is slated to final 72 hours.
Subsequent week will seemingly mark the token era occasion for PUMP, at which level will probably be tradable throughout the most important centralized exchanges, in addition to Solana DEXs, reminiscent of Pump.swap, Raydium, and Meteora.
The PUMP token is anticipated to be the most important and most hyped launch of the 12 months, seemingly bringing an unprecedented quantity of liquidity and quantity to the Solana ecosystem.
With Solana on-chain buying and selling largely transacted in SOL pairs, a whole bunch of tens of millions of {dollars} value of Solana will change arms as soon as PUMP goes reside, which might function a catalyst for the Solana value evaluation this week and subsequent, following by way of on its $200 value prediction.
DISCOVER: Subsequent 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025Â
Be part of The 99Bitcoins Information Discord Right here For The Newest Market Updates
The submit Solana Worth Evaluation This Week: Can SOL Hit $200 In The Brief-Time period? appeared first on 99Bitcoins.
