The cryptocurrency market saw a brief pause on Monday, June 30th, as Bitcoin failed to sustain momentum above $108,000. Yet, amid this broader consolidation, Solana (SOL) stood out with a strong intraday gain of 3.8%, pushing its price to $157. This resilience is not without reason—growing anticipation around the potential launch of the first Solana exchange-traded fund (ETF) with staking capabilities is fueling investor confidence. Could this momentum be enough to propel SOL toward the $180 milestone?
The Rise of Staked ETFs: A Game-Changer for Solana
Over the past week, Solana’s price has surged from a low of $126 to its current level near $157—an impressive 8.5% increase. This upward trajectory follows a calming of geopolitical fears in the Middle East and increasing market excitement over the prospect of a regulated, yield-generating SOL ETF.
In a significant development, asset managers REX Financial and Osprey Funds are preparing to launch the first staked Solana and Ethereum ETFs. These innovative financial products aim to combine the capital appreciation potential of SOL and ETH with the added benefit of staking rewards—offering investors passive income without sacrificing exposure to price growth.
A key signal of progress came when Bloomberg ETF analyst Eric Balchunas reported that the U.S. Securities and Exchange Commission (SEC) had issued a “no further comments” letter to ETF issuers. This milestone typically precedes final approval and listing, suggesting that regulatory hurdles may have been cleared.
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Further reinforcing this momentum, Rex Shares confirmed via social media that their REX-Osprey SOL + Staking ETF is “coming soon.” The fund is expected to trade on the Cboe BZX Exchange under the ticker SSK for Solana and ESK for Ethereum. By tracking the underlying asset’s performance while generating yield through on-chain staking, these ETFs represent a major leap in bridging traditional finance with decentralized blockchain rewards.
Bloomberg analyst James Seyffart has expressed optimism, noting that the REX-Osprey Staked Solana ETF could go live as early as this week—marking a pivotal moment for institutional crypto adoption.
Technical Outlook: Bull Flag Breakout Hints at $180 Rally
From a technical perspective, Solana’s recent price action paints a bullish picture. In late May 2025, SOL entered a bull flag consolidation pattern, forming two converging downward-sloping trendlines as traders awaited the next directional move. This pattern is widely recognized in technical analysis as a continuation signal—typically followed by a sharp breakout in the direction of the prior trend.
On Sunday, Solana buyers delivered a decisive bullish breakout above the upper resistance trendline. This move confirmed the resumption of the uptrend and was followed by Monday’s 3% surge—a healthy follow-through that validates the pattern’s strength.
With momentum building, the immediate resistance lies at $168**, representing a 7.6% climb from current levels. Should buyers maintain control, the next target zone emerges near **$180–$187, aligning with Fibonacci extension levels and historical volatility patterns.
Conversely, if selling pressure intensifies near $168, a short-term correction could extend into July. However, given the confluence of positive catalysts—from ETF developments to improved on-chain activity—the overall bias remains upward.
Why Staking-Enabled ETFs Matter
The introduction of staking within an ETF framework is revolutionary. Traditionally, ETFs offer exposure to asset price movements but lack yield-generation mechanisms. With staked ETFs, investors gain:
- Price appreciation linked directly to SOL’s market performance
- Passive income through real-time on-chain staking rewards
- Regulatory compliance and custodial security via SEC-approved structures
- Accessibility for traditional investors who avoid self-custody risks
This hybrid model lowers the entry barrier for mainstream investors while preserving the core benefits of blockchain participation.
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For Solana, which already boasts high throughput, low fees, and a vibrant ecosystem of decentralized applications (dApps), this new financial product could significantly boost demand—both from retail and institutional players.
Core Keywords Driving Market Sentiment
Key terms shaping the current narrative around Solana include:
- Solana ETF
- Staked ETF
- SOL price prediction
- Solana price forecast
- SOL to USD
- Cryptocurrency ETF 2025
- REX-Osprey ETF
- Solana staking
These keywords reflect strong search intent from investors seeking clarity on regulatory progress, technical outlooks, and long-term value propositions.
Frequently Asked Questions (FAQ)
Will the Solana ETF include staking rewards?
Yes, the REX-Osprey Staked Solana ETF is designed to generate returns not only from SOL’s price appreciation but also from on-chain staking yields. Investors will benefit from compounded growth without managing validators or private keys.
When will the SOL ETF be approved?
While no official launch date has been confirmed, recent SEC “no further comments” letters suggest approval could happen imminently—potentially within days. Analysts like James Seyffart expect the fund to go live very soon.
What is the significance of the bull flag breakout?
A bull flag breakout indicates that after a period of consolidation, upward momentum is resuming. In Solana’s case, this pattern suggests a high probability of continued gains, with targets near $180–$187 if buying pressure persists.
How does a staked ETF differ from holding SOL directly?
Holding SOL directly gives full control over assets and staking choices but requires technical knowledge and custody management. A staked ETF offers similar economic exposure with added convenience, regulatory oversight, and integration into traditional brokerage accounts.
Can institutional adoption drive SOL beyond $180?
Absolutely. Institutional interest—especially through regulated products like ETFs—brings sustained capital inflows. Combined with Solana’s strong fundamentals and ecosystem growth, such demand could easily push prices past $180 in the coming months.
Is now a good time to invest in Solana?
With multiple catalysts aligning—including ETF developments, technical strength, and improving market sentiment—many analysts view current levels as a strategic entry point before potential upside acceleration.
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Final Thoughts: A Pivotal Moment for Solana
Solana stands at a critical juncture. The potential launch of the first staked SOL ETF represents more than just a financial product—it symbolizes broader acceptance of crypto in traditional markets. Backed by strong technical momentum and growing investor interest, SOL is well-positioned to challenge the $180 resistance level in the near term.
As regulatory clarity improves and institutional infrastructure evolves, assets like Solana that combine scalability, innovation, and real-world utility are likely to lead the next phase of crypto adoption. Whether through direct investment or regulated funds, participation in this ecosystem has never been more accessible—or promising.