20.4 C
New York
Saturday, September 13, 2025

SOL Worth Prediction: SEC Critiques Franklin Spot Solana ETF Amid Whale Accumulation – $250 Subsequent?

Must read

SOL value prediction is popping more and more bullish as Solana lastly broke by its 8-month resistance at $220 immediately, fueling hopes of a sustained rally.

With the SEC now reviewing the Franklin Spot Solana ETF and large-scale accumulation by whales and Digital Asset Treasuries (DATs) intensifying, momentum is constructing for Solana to revisit its 2021 all-time excessive close to $250.

Latest SEC paperwork reveal Franklin’s Solana ETF evaluation has been pushed to a November 14, 2025, closing deadline.

SEC’s Remaining Name: November Deadline May Ignite 99% SOL Rally Odds

The SEC determination marks the second extension after an preliminary April delay moved the timeline to June, when formal evaluation proceedings started with a compulsory 180-day determination window.

The Block Intelligence knowledge now exhibits that different main gamers like Grayscale, VanEck, and 21Shares have all submitted Solana ETF proposals.

SOL Price Prediction: SEC Reviews Franklin Spot Solana ETF Amid Whale Accumulation – $250 Next?
Supply: TheBlock

Most candidates have strengthened their submissions by amended filings, but face comparable delays with October determination deadlines.

Market confidence in a Solana rally is now excessive, with Polymarket exhibiting 99% odds favoring Solana ETF approval by year-end 2025.

SOL Price Prediction: SEC Reviews Franklin Spot Solana ETF Amid Whale Accumulation – $250 Next?
Supply: Polymarket

Knowledge from Arkham Intelligence additionally reveal that 4 freshly created Solana wallets have obtained 222,644 SOL value $48.2 million from Coinbase Prime, with every receiving 55,661 SOL, suggesting all addresses belong to 1 entity accumulating SOL.

On September 8, Ahead Industries introduced a $1.65 billion personal placement in money and stablecoin commitments to build up Solana in a spherical led by Galaxy Digital, Soar Crypto, and Multicoin Capital.

Equally, DeFi Improvement Corp just lately added one other 196,141 Solana (SOL) to its treasury, spending almost $39.76 million to broaden its whole holdings to simply over 2.02 million SOL, now valued at roughly $444 million.

BingX funding advisor Nebraskan Gooner has revealed an evaluation that Solana is now midway to a measured sample breakout in the direction of $250.

$SOL
Midway to that $250 measured goal. Pushing properly. https://t.co/lXuNHygTei pic.twitter.com/XQPAOrsqyp

— Nebraskangooner (@Nebraskangooner) September 10, 2025

SOL Worth Prediction: Technical Breakout Targets $250 Highs

On the technical entrance, the SOL/USDT chart exhibits that Solana is in a powerful bullish section after the worth just lately surged previous the important thing resistance degree round $200 and is at the moment buying and selling close to $221.

Probably the most notable characteristic is the projected upward trajectory indicated by the blue arrows, suggesting potential targets on the 1.314 extension round $250-260, and finally towards the 1.618 extension close to $280.

The two.144 extension degree round $320 represents an much more bold goal if the present momentum sustains.

Any failure to carry above the $200 degree may sign a retreat again towards the $180-190 zone earlier than trying one other leg increased.

Snorter Bot Presale Advantages from Solana Ecosystem Worth Rally

Now that SOL is again on the radar, memecoins on the Solana community are having fun with vital pumps.

The token of in style memecoin launchpad PumpFun (PUMP) has already gained over 120% this week, and different Solana-based memecoins like FARTCOIN, BONK, and PENGU are exhibiting indicators of revival.

Nevertheless, traders are in search of tokens with the perfect upside potential throughout this era, which is the place presale tokens constructing stable tasks appeal to probably the most capital rotation.

That’s the place Snorter Bot ($SNORT) is available in, utilizing Telegram to supply merchants and traders a superior buying and selling bot with low charges and a sniper bot that helps holders determine new meme cash and purchase the cash safely on Ethereum and Solana.

Snorter Token ($SNORT) is the native asset behind the Snorter bot, and traders have already poured in over $3.84 million to safe their share.

The presale window remains to be open, with every SNORT token promoting for $0.1039, which is ready to extend when the spherical crosses the $4.28 million elevate.

Go to the Snorter Bot Token website and safe an allocation earlier than the spherical closes utilizing SOL, ETH, BNB, USDT, USDC, or perhaps a bank card.

The publish SOL Worth Prediction: SEC Critiques Franklin Spot Solana ETF Amid Whale Accumulation – $250 Subsequent? appeared first on Cryptonews.

More articles

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 comments
Oldest
New Most Voted
Inline Feedbacks
View all comments

Latest News