First Solana etfs approved: Puppies at $230
Solana etfs' launch has institutional interest and market optimism. Bulls rise when it is strong above the key $200 support zone. Technical analysis shows higher momentum with resistance near USD 216-77.
The long-awaited Socana RFs have finally been approved, creating renewed optimism in the market.
ETPS predicts that the price of Solama will soon reach $230 and then $230 again.
Solana etfs wave liquidity optimism
own Solana costs from weeks regulatory uncertainty from weeks inventory 2010. After October 14th, October 28th will begin to dominate.
By ticket B.S.S. Launched vulnerability BOOLDATE, leveraged for Solano labs and temporary management fee removal serves as a vulnerability for institutions to deal with Solana.
Introducing the $ BSOL – the rotated direction Solana installation F. He will start business tomorrow.
– Solan 7% + Average Rewards * 100% Direct Exposure to Maximize * – 100% Targeting Assets by … pic.tottot
— Maybeincenting (@Maybeincenting) October 27, 2025
Grestel also quickly transferred more than $105 million worth of solar to HTP. (GSOL) to ETV Turned in.
Meanwhile, the situation of Sonana et ef has officially changed.
Adding to the development, Hong Kong's first solan et st assia is the first end of the solan et e etf landscape.
Although this is an institutional activity, the retail business remains for Solana Leaf.
Futures demand is down from the previous day to 9.75 billion dollars, still below 10 billion dollars, indicating that traders are still victims of market volatility.
Even so, analysts believe that it is the development of the community's digital assets and the strengthening of the vacancy base for more than 200 dollars.
Although the bulls are built as fast
Although retail demand is not responding to Solana, the price of Solana is steadily rising from $190 to $205 in short positions.
Analysts note that protection rate profiles are weakening as they accumulate at higher price levels.
This transition is associated with the recognition of buyers as buyers who support those who support them.
On the 4-hour chart, Solana trades with both 50-day and 200-day moving advisors, custom consolidation consolidation.
The Uchimoku cloud analysis shows a fall in line with the key support between the $197 price lock, mainly held by the price hold, usually a signal after the extension of the upward movement.
The relative strength index (RSI) is also close to 62, which is close to 62.
Analysts now follow the exposed zones between $204 and $208, $216 and $227 and $230.
In particular, a sustained rally at these upper levels, confirmed above $205, could be triggered.
If you continue to qualify, higher targets will come into view following the higher levels of the previous rotation.
Technical patter tiles in 2023 repeatedly
Market observers compare the current structure of the current Solan price chart to the 2023 crisis level.
Analysts like Galaxtok apply a series of highs that indicate a strong stock, as applied to a weekly chart that looks at the weekly chart as Galaxybasic points.
$ lineup
Same design as October 2023.
We have to break this Q4 into new time-payments. pic.totter compter.com/piurlh1yyuu
— Galaxy (@gaLasxybtc) October 25, 2025
It represents the largest voice cluster of the network, where many long-term carriers have entered the market.
A successful rally cut above $2000 will confirm the pattern and will bring the $215 and $225 levels before $215 and $225, which is teaching the significant behavior seen two years ago.
The wider macro picture seems to be supportive.
Some traders say that the US Federal Reserve needs to lighten the ship, but if it is really necessary, it may be needed in the market – for Solana's next leg, the tail can go down more.
It takes a long-term view
While short-term traders have been trying to stay close to $230 for a long time, long-term analysts are pessimistic about Solana's broader rally.
The property has maintained a high external level from the beginning of 2023 until 2023, and the market structure shows the previous bullish condition of the store level panels.
Sentiments range from long-term to long-term goals of $300, $390, and if higher and institutional demand continues, $390 and $1520 or $520.
It is crucial to maintain support between $198 and $200 in the near term.
If buyers continue to defend this zone, the price of Solana can further strengthen its leadership, confirming its leadership among the main Altcoins.
The first wave of Solamna etfs starts trading, the market sentiment is clearly reversed – the bears are losing ground, and now they have their eyes fixed on the distance of $230.
