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Solana price Rally Stalls as a new inflow of SOL ETF

Solana price paused below $ 200, because the recent bull-ride encountered resistance, but the influx of ETF and strong network statistics can support renewed rally.

Solana (Salt) It traded Friday on Friday, on Friday, for 7.40% of its highest point this week. These pulling mirrors are other cryptocurries as Bitcoin (Btc) and Hedera Hashgraph (Hbar).

The potential catalyst for Solana envisages the approval of the ETF SOP SOL SOL SOL by the US Securities and Exchange Commissions. Applicants include gray, Vaneck, 21shares, Canary and Franklin Templeton. Toward PolimarketThe prospects of approval increased to 81%.

There are signs that these ETFs will attract strong interest in investors. Recently approved Solana Solana Fund, 2K Solana ETF, continued to get property. Since its launch in February, the Fund has added almost 30 million dollars in inflows. Every month has published a net inflow from the beginning.

So far, the fund has been attracted by $ 9.6 million in the inflow, more than $ 8.3 million in April and $ 5.5 million in February.

Salt ETF
Salt ETF | Source: ETF

Salt ETF aims to create everyday returns that match 2K daily performance salt. Similarly, on other means, which are spacious by UltraPro KKK and DIREXION daily S & P 500 Bull ETFS, which have $ 25 billion and 5 billion dollars in managing property, respectively.

However, Salt ETF is a relatively expensive, with a cost ratio of 1.85%. In contrast, most stock based on ETFS under 0.90% per year. These ongoing inflows suggest that Spot Solanan ETFS, which are expected to have lower fees, can see even greater demand of institutional investors.

There are also signs that Spot XRP ETFS will have more demand than those monitoring salt as recently launched XXRP ETF He gained over $ 106 million of property.

Beyond ETFS Solana has benefits from strong network bases. The number of transactions and active accounts increased in 2025. years. In the past 30 days, the transactions increased by 66%, while active accounts climbed to 101 million.

Technical analysis of the prices of Solana

Solana price
Sol Prices Chare | Source: Cripto.news

On a daily list, Solana price pulled at $ 172 after she was peaked at $ 185 earlier in the week. There are currently close to 38.2% of trial levels for fibointments. Meanwhile, the 50-day and 100-day seats are on the edge of the formation of the Mini Golden Cross, often a bikar signal.

Solana also formed reverse heads and shoulders and trading between strong rotation levels and the upper limit of the muke mathematical line trading assortment.

Given these technical indicators, salt will probably continue its rise, with bulls to watch re-setting up $ 200 resistance. The break up above that level could open the way to 78.6% of Fibonacci’s taking at $ 252. However, the decline below key support to $ 150 would not be annulled by the Bukovskoum look.

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2025-05-16 19:08:00

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