Solana Price Prediction: SOL ETF Approval Could Shape Price Trend

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Solana price prediction

Solana price prediction for the coming months is gaining traction as the possibility of an SOL ETF approval has increased. According to analysts, the U.S. SOL ETFs could be just around the corner and are expected to attract massive institutional inflows after their approval. 

Currently, SOL is trading around $207, having rebounded 12% in line with the broader market. The altcoin corrected nearly 25% in the recent correction but has recovered nearly half of the loss in the rebound. 

The rebound was driven by market-wide short liquidations and a strong rebound in established tokens. However, investors are awaiting what could be the biggest catalyst for Solana to drive its price higher – the approval of an SOL ETF. 

Solana price prediction

Solana price chart. Image Courtesy: TradingView

With the SEC’s recent changes in ETF review and the shift of approvals to S-1 registration, analysts expect SOL ETF could hit the market soon. 

Meanwhile, the new meme contender, Maxi Doge (MAXI), is emerging from a low entry point near $0.00026 and aiming for a target above $1 in its exchange listing. With $2.6 million raised in its presale, MAXI is quickly becoming the talk of the town. 

Bloomberg Analyst Says Solana ETF Approval Odds Now Certain

In a recent note shared by senior Bloomberg analyst Eric Balchunas, he stated that the approval odds for Exchange Traded Funds (ETFs) by the SEC had now increased significantly. 

On September 29th, the analyst wrote in a X post that, “Honestly the odds are really 100% now. Generic listing standards make the 19b-4s and their “clock” meaningless.”

Eric pointed out that after the generic listing approval by the SEC, now a statutory review “clock,” which took up to 240 days for the officials to approve or deny a proposed ETF, has now become meaningless. 

Emphasizing the SOL ETF approval, Eric further added, “That just leaves the S-1s waiting for formal green light from Corp Finance. And they just submitted amendment #4 for Solana. The baby could come any day. Be ready.”

SOL ETF approval will be a massive development for the Solana ecosystem, and many experts believe that it could lead to aggressive upside in the price. 

Short Liquidations Lead Rally in Solana

The weekend’s upmove, following the sharp downturn of last week, has helped recover some of the losses in Solana. Data from Coinglass shows that since last Friday, the short liquidations have reached $44.18 million, much higher than the long liquidations. 

Solana price prediction

Source: Coinglass

This short covering has sent SOL price up 10% forcing sellers to buy back their positions to cut losses as prices move against them. This buying often pushes prices up quickly, creating a sharp jump known as a short squeeze.

Currently, Solana is trading in $205-$215 range; however, a breakout from this range could drive the price to new highs. 

Solana Price Prediction: Key Levels To Watch

The technicals are showing mixed signals, with the RSI near 45 (in the neutral zone) and the MACD hinting at a bullish reversal.

The price broke out of the ascending triangle pattern, but last week’s down move pulled it back into the base. Now the crypto is holding around the previous resistance levels. A breakout from the bulls can take the price to higher ground. 

As volatility continues to show up, here are the key levels to watch for the coming weeks:

Support Resistance
S1, R1 $205 $215
S2, R2 $198 $240
S3, R3 $190 $253

Maxi Doge’s Entrance As The Next Moonshot Play

While SOL investor awaits ETF approval from the SEC, the new meme entrant, Maxi Doge (MAXI), has garnered serious attention with $2.6 million raised in a short period of time. 

MAXI comes from the same place where DOGE was born, but with an entirely new narrative. Maxi Doge is capitalizing on the hustle culture and degen trading with the aim of dethroning top meme coins to become the largest meme coin in the crypto sector.

The project is capturing attention from the guys who load up the bar with heavy plates, slam back ten Red Bulls, and trade with 1,000x leverage with a never-give-up mindset. 

Here’s why Maxi Doge could be the next moonshot trade:

  • Strong investor interest – $2,640,762.09 raised in record time.
  • Fresh meme narrative – stands out in the crowded meme coin market. 
  • 1,000x leverage – plans to launch 1,000x leverage for investors
  • High reward staking – mind-boggling 128% APY
  • Basement presale price – just $0.00026 per token

Even in its presale phase, Maxi Doge has multiple dimensions of explosive growth opportunities. For high-risk, high-reward investors, MAXI could be the best find of 2025. 

By Pradeep Chandravanshi

Pradeep is a crypto enthusiast and fintech journalist with over six years of hands-on experience in the cryptocurrency space. He’s written more than 4,000 articles, blending technical know-how with market insight to break down complex topics in a way that’s easy to follow. With a strong focus on both analysis and industry trends, Pradeep’s work aims to keep readers informed, engaged, and ahead of the curve in the fast-moving world of digital finance.