Summary

  • Solana price prediction: SOL trades near $183 as ETF optimism builds following Hong Kong’s approval.
  • Break above $200 could target $230–$300; failure below $175 risks a dip to $160.
  • The Solana forecast depends on whether spot-ETF inflows evolve from hype into real institutional demand.

Solana price trades near $183 as anticipation grows around potential spot-SOL ETF approvals following Hong Kong’s regulatory green light. The market is now weighing whether this institutional milestone could fuel the next leg of SOL’s rally toward $300.

Table of Contents

Solana price market status

Solana price 1D chart | source: crypto.news

As of October 22, 2025, SOL trades around $183, down slightly from last week’s local high near $197. The broader market has cooled after a volatile period, but Solana remains one of the few large-cap assets showing relative strength. Investor attention has shifted to the ETF narrative after Hong Kong approved a spot Solana ETF, set to begin trading later this month.

The development has revived optimism that similar filings could emerge in the U.S., following the precedent of Bitcoin and Ethereum ETFs earlier in the year. Trading volumes for SOL have remained robust, while funding rates show mild long positioning. Key short-term support sits near $175–$178, with resistance around $195–$200.

Upside case for Solana price

If ETF demand materializes and global regulators continue approving Solana-linked products, institutional access could become a major tailwind. A decisive breakout above $200 would signal renewed bullish momentum, potentially targeting $230–$250 in the medium term and $280–$300 if flows persist.

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Author: Conor Maloney

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