What’s Next for Solana Price?
Solana is making headlines again—not just for its price action but also for what could be a game-changing regulatory shift. Following the appointment of Paul Atkins, a known crypto-friendly figure, as the new SEC Chair, hopes of a Solana ETF approval have reignited. Combined with a broader market rebound, Solana price has surged over 6% on the day, raising the question: Is this the beginning of a larger breakout—or just a short-lived bounce?
The appointment of Paul Atkins as SEC Chair couldn’t have come at a better time for Solana bulls. Known for his pro-crypto stance, Atkins is expected to soften regulatory roadblocks that have historically hindered altcoin ETF approvals. Solana, which has often been hailed as the "Ethereum alternative," now finds itself at the center of ETF speculation.
The broader market is already pricing in this optimism, with altcoins bouncing across the board. But Solana’s strong fundamentals and growing DeFi and NFT ecosystems make it one of the top ETF contenders. In this climate, even whispers of approval are enough to spark rallies—and that’s exactly what we’re seeing now.
Solana's daily chart is flashing bullish recovery signs , though it's not out of the woods yet. After bottoming out near $100, SOL has surged to $124.80, marking a +6.48% gain in a single session. This rally has pushed SOL above its 20-day and 50-day SMAs, which currently sit at $123.51 and $132.50 respectively.
However, the 100-day and 200-day SMAs, at $171.47 and $181.77, still loom above as longer-term resistance levels. If Solana can break through the 50-day SMA and sustain volume, it could target the $140–$150 zone next.
The Accumulation/Distribution Line (ADL) has started turning upward from its base at 1,568.12, signaling a return of buying interest. The Heikin Ashi candles also show growing bullish momentum, with large-bodied green candles and diminishing lower wicks—a sign of strength and trend continuation.
Yes, the hourly chart looks even more explosive . Solana has broken out cleanly above its 20-, 50-, 100-, and even 200-hour SMAs, now trading near $128.79. This alignment of short- and long-term moving averages below price is a classic bullish setup.
Momentum is clearly building, with consecutive green Heikin Ashi candles and rising volume. The recent hourly move from $114 to $129 wasn’t just a bounce—it was a momentum-driven breakout. If bulls maintain control, the next key psychological level to watch is $135, with room to test $145 if the ETF narrative intensifies.
That said, the ADL on the hourly chart remains flat at 1,278.22, which shows that while price is moving up quickly, whales and institutions might still be cautious. For this rally to be sustained, accumulation must pick up in the coming sessions.
While nothing is confirmed, the market is clearly hopeful. Atkins’ history suggests a lighter regulatory approach, and with previous lawsuits against crypto firms being dropped post-election, the climate is warming. Solana stands out among altcoins due to its real-world usage, speed, and developer ecosystem—giving it a legitimate shot if the SEC reconsiders its rigid stance.
Approval isn’t guaranteed, but even the possibility of a Solana ETF in the U.S. is enough to move the needle , especially as retail and institutional investors alike search for the next breakout alt.
If the bullish momentum continues and ETF speculation strengthens, Solana could soon push toward the $140–$150 range , with the potential to retest its 100-day SMA around $170 in a more aggressive rally. However, the path won’t be straight. Resistance is thick near $132 and again near $150, and a sudden drop in ETF enthusiasm or broader market weakness could pull SOL back toward the $110 support zone.
Still, for now, the technicals and sentiment are aligned. Solana’s ETF story is gaining traction—and the price action is starting to reflect that narrative.
Solana is making headlines again—not just for its price action but also for what could be a game-changing regulatory shift. Following the appointment of Paul Atkins, a known crypto-friendly figure, as the new SEC Chair, hopes of a Solana ETF approval have reignited. Combined with a broader market rebound, Solana price has surged over 6% on the day, raising the question: Is this the beginning of a larger breakout—or just a short-lived bounce?
The appointment of Paul Atkins as SEC Chair couldn’t have come at a better time for Solana bulls. Known for his pro-crypto stance, Atkins is expected to soften regulatory roadblocks that have historically hindered altcoin ETF approvals. Solana, which has often been hailed as the "Ethereum alternative," now finds itself at the center of ETF speculation.
The broader market is already pricing in this optimism, with altcoins bouncing across the board. But Solana’s strong fundamentals and growing DeFi and NFT ecosystems make it one of the top ETF contenders. In this climate, even whispers of approval are enough to spark rallies—and that’s exactly what we’re seeing now.
Solana's daily chart is flashing bullish recovery signs , though it's not out of the woods yet. After bottoming out near $100, SOL has surged to $124.80, marking a +6.48% gain in a single session. This rally has pushed SOL above its 20-day and 50-day SMAs, which currently sit at $123.51 and $132.50 respectively.
However, the 100-day and 200-day SMAs, at $171.47 and $181.77, still loom above as longer-term resistance levels. If Solana can break through the 50-day SMA and sustain volume, it could target the $140–$150 zone next.
The Accumulation/Distribution Line (ADL) has started turning upward from its base at 1,568.12, signaling a return of buying interest. The Heikin Ashi candles also show growing bullish momentum, with large-bodied green candles and diminishing lower wicks—a sign of strength and trend continuation.
Yes, the hourly chart looks even more explosive . Solana has broken out cleanly above its 20-, 50-, 100-, and even 200-hour SMAs, now trading near $128.79. This alignment of short- and long-term moving averages below price is a classic bullish setup.
Momentum is clearly building, with consecutive green Heikin Ashi candles and rising volume. The recent hourly move from $114 to $129 wasn’t just a bounce—it was a momentum-driven breakout. If bulls maintain control, the next key psychological level to watch is $135, with room to test $145 if the ETF narrative intensifies.
That said, the ADL on the hourly chart remains flat at 1,278.22, which shows that while price is moving up quickly, whales and institutions might still be cautious. For this rally to be sustained, accumulation must pick up in the coming sessions.
While nothing is confirmed, the market is clearly hopeful. Atkins’ history suggests a lighter regulatory approach, and with previous lawsuits against crypto firms being dropped post-election, the climate is warming. Solana stands out among altcoins due to its real-world usage, speed, and developer ecosystem—giving it a legitimate shot if the SEC reconsiders its rigid stance.
Approval isn’t guaranteed, but even the possibility of a Solana ETF in the U.S. is enough to move the needle , especially as retail and institutional investors alike search for the next breakout alt.
If the bullish momentum continues and ETF speculation strengthens, Solana could soon push toward the $140–$150 range , with the potential to retest its 100-day SMA around $170 in a more aggressive rally. However, the path won’t be straight. Resistance is thick near $132 and again near $150, and a sudden drop in ETF enthusiasm or broader market weakness could pull SOL back toward the $110 support zone.
Still, for now, the technicals and sentiment are aligned. Solana’s ETF story is gaining traction—and the price action is starting to reflect that narrative.