The surge in Solana ETF prices resulted in Sol rising market capitalization of $12 billion, and Cryptocurrency has broken key resistance levels as Rex stock prepares to launch its first-ever Solana Staking ETF. The $168 resistance now serves as the next key target for this Solana Breakout Rally, with Solana Price’s prediction pointing to continuous bullish momentum. This surge in the likelihood of Solana investment is because regulatory approval appears to be imminent at the moment.
Solana ETF prices surge predicts breakout rally and optimism
The price surge for the Solana ETF changed market sentiment after earning 16% profits in a week of 16% at the time of writing, before Sol Trady went to $151. Market capitalization rose 17.9%, up from $68.32 billion to $80.55 billion. This $168 resistance level will be important as technical indicators support the ongoing Solana Breakout Rally.
Bloomberg ETF analyst Eric Bulknath said this.
“Rex also submitted an updated prospectus, which was fully filled out. It adds all of it and looks like all systems will go for an imminent launch.”
Technical indicators support continuous gatherings
Coming soon: First US betting crypto ETF!
We will introduce Rex-Sosprey™ Sol + Staking ETF. It is designed to track Solana’s performance while generating yield through on-chain staking.
✔sol sol exposure
✔️Staking RewardsA new era of yield generation codes… pic.twitter.com/i8yieqii5r
– Rex Shares (@RexShares) June 27, 2025
Solna’s price forecast remains bullish as Sol surpasses the downtrend line, closing its 50-day EMA at $151.48. RSI reads 52. This is above neutral levels, and MACD shows a bullish crossover. This technical setup enhances Solana’s investment potential as it provides basic support for further profits due to the surge in Solana ETF prices.
Eric Barknas also said:
“They are definitely trying to get it to MKT before the spot.”
Rex also submitted an updated prospectus. This has been fully filled out. Adding everything makes every system seem suitable for an imminent launch. $ ssk It’s a ticker. pic.twitter.com/mkbqd2qjo4
– Eric Balchunas (@ericbalchunas) June 28, 2025
Regulation progress promotes optimism
Rex Shares addresses SEC concerns about its staking ETFs and bypasses the traditional 19B-4 filing process. The Solana Breakout Rally gains momentum from the clarity of its regulations, so the Solana $168 resistance represents the next key level: This Solana ETF price surge directs the SOL to $184.13 for potential profits if current support is retained at the time of writing.
Balchunas added:
“So they’re good to launch, that was it. Amazing.”
Update: The SEC saying there are no further comments says it’s good to launch it. oh. pic.twitter.com/eb2azasrsd
– Eric Balchunas (@ericbalchunas) June 28, 2025
Solana Price’s predictions suggest that Cryptocurrency’s Solana Investment potential is currently ongoing, as it is gaining institutional interest. The first Solana Breakout Rally, with the Solana Staking ETF approaching, could continue, and the Solana $168 resistance is definitely a must-have level to consider.
(TagStoTRASSLATE)SOL ETF(T)SOLANA(T)SOLANA ETF
