{"id":385514,"date":"2025-08-30T17:53:11","date_gmt":"2025-08-30T17:53:11","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/385514\/"},"modified":"2025-08-30T17:53:11","modified_gmt":"2025-08-30T17:53:11","slug":"solana-could-retest-ath-as-sol-etf-pipeline-shows-very-good-sign","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/385514\/","title":{"rendered":"Solana could retest ATH as SOL ETF pipeline shows ‘very good sign’"},"content":{"rendered":"

\t\t\t\t\t\t\t\tKey Takeaways\u00a0<\/p>\n

The market has already priced in Spot SOL ETF approval, raising expectations for a new ATH attempt. Will crypto treasury inflows and Q4 rotation fuel SOL\u2019s rally?<\/p>\n

Solana [SOL]<\/a> defended $200 and was on track to hit a 13% monthly gain in August amid ETF expectations.\u00a0<\/p>\n

On the 29th of August, seven issuers filed updated Spot ETF filings with the U.S. Securities and Exchange Commission (SEC).\u00a0<\/p>\n

Canary\/Marinade, Bitwise, Fidelity, Franklin, Grayscale, 21Shares and VanEck all made their submissions. ETF analyst Nate Geraci called<\/a> the coordinated filings a \u201cvery good sign\u201d for the likely greenlight for the products.\u00a0<\/p>\n

\"Solana<\/a><\/p>\n

Source: X<\/p>\n

For his part, Bloomberg analyst James Seyffart said<\/a> that the update meant \u201cpositive back and forth\u201d between issuers and the SEC.<\/p>\n

The latest development meant the approval was extremely likely, with Polymarket placing<\/a> a +99% chance that the regulator will allow the products to hit the market.\u00a0<\/p>\n

SOL\u2019s new ATH incoming?<\/strong><\/p>\n

During the peak memecoin mania in early 2025, SOL hit an all-time high (ATH) of $295.8. With the ETF pipeline and nearly $1 billion demand venue from crypto treasuries<\/a>, the altcoin could take another shot at a new ATH.\u00a0<\/p>\n

In fact, Wall Street analyst Tom Lee agreed with the above projection. In a recent post, Lee echoed a forecast made by Bitwise CIO Matt Hougan, which stated<\/a>,\u00a0<\/p>\n

\n

\u201cThe formula is simple: ETF Flows + Treasury Company + Simple Story = All-Time Highs. It worked for Bitcoin, it\u2019s working for Ethereum, and it\u2019s lined up for Solana.\u201d<\/p>\n<\/blockquote>\n

Having said that, Hougan predicted major rotation into SOL during Q4.<\/p>\n

Meanwhile, in the past month, the altcoin saw a 4.9% surge<\/a> in Realized Cap Inflows. However, ETH still led in price outperformance.\u00a0<\/p>\n

\"Solana<\/a><\/p>\n

Source: Glassnode<\/p>\n

So, will SOL\u2019s price top $300 in Q4? Well, some analysts stated<\/a> that the level is reachable amid the upcoming bullish catalysts.\u00a0\u00a0<\/p>\n

But in the meantime, if historical performance plays out, SOL could face a little headwind in September and perhaps offer new buying opportunities for a potential \u2018Uptober\u2019 rally.\u00a0<\/p>\n

\"Solana\"<\/a><\/p>\n

Source: CryptoRank<\/p>\n

On average, September has always yielded 3% gain for SOL, making it the second-worst month for the altcoin after December. Even so, the past four months of September closed in green.\u00a0<\/p>\n

Futures volume map flashes \u201coverheated\u201d<\/strong><\/p>\n

Another red flag was the Futures Volume Bubble Map, which flashed an \u2018overheated\u2019 signal, indicating that there was more trading volume despite weakening price momentum at current levels.\u00a0<\/p>\n

Per CryptoQuant, the indicator implied that the start of a distribution phase could happen soon.\u00a0<\/p>\n

\"Solana<\/a><\/p>\n

Source: CryptoQuant<\/p>\n

Overall, consensus across analysts and prediction markets pointed toward approval of Spot SOL ETFs. Of course, many now expect Solana to attempt a new ATH by Q4.<\/p>\n

In the meantime, bulls may have to prepare for a bumpy September if historical trends repeat.\u00a0<\/p>\n

\t\t\t\t\t\t\t\t\t\t\tNext: Elon Musk\u2019s lawyer to lead $200M Dogecoin treasury firm \u2013 Details<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Key Takeaways\u00a0 The market has already priced in Spot SOL ETF approval, raising expectations for a new ATH…\n","protected":false},"author":2,"featured_media":385515,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[52,51,16,15],"class_list":{"0":"post-385514","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ambcrypto","9":"tag-business","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115118997726775379","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/385514","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=385514"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/385514\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/385515"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=385514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=385514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=385514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}