Solana (SOL) Price

This week's top prediction markets on Myriad focus on Bitcoin's next price level—whether it will fall to $69K or rebound to $100K—as well as Solana's trajectory and Donald Trump's approval rating.

Solana, ranked second only to Ethereum among smart contract platforms, gains new investment momentum with 21Shares' launch of the JSOL ETP—a European ETF enabling liquid staking on Solana.

JitoSOL ETP Launch: 21Shares’ Revolutionary Staking Product Debuts on Euronext with Unprecedented Dual Rewards

Solana ETFs reached a weekly high amid surging altcoin deposits, even as SOL's price declined—highlighting divergent investor sentiment between ETF products and the underlying token.

Solana Loses Two-Thirds of Validators as Smaller Nodes Exit, Raising Centralization Concerns

Ether ETFs turned positive with $28M inflow amid continued bitcoin outflows; XRP and Solana ETFs also saw gains, highlighting divergent investor sentiment across crypto assets.

Mutuum Finance (MUTM) is emerging as a high-potential alternative to Solana (SOL), with analysts projecting up to 2,500% long-term growth. Its live Sepolia testnet, dual lending models (P2C/P2P), Chainlink-powered oracle, and presale momentum — from $0.01 to $0.04 — position MUTM as the top affordable crypto pick amid SOL’s maturing growth trajectory.

Solana paused after a ~20% drop to ~$117, now consolidating near $128—a key Value Area Low flip zone. Rejection at VAH ($141) and failure above $150 reinforced range-bound dynamics within a $30 band ($120–$150). A hold above $128 may spark a bounce to $132–$138; a break below $120 would turn bearish, while reclaiming $150 would signal bullish structure. Price compression suggests an imminent breakout.

Cryptocurrency markets declined sharply on Thursday, with BTC falling below $88,500 and major altcoins like XRP and SOL dropping 2–4%. Over $300M in liquidations occurred, and SOL funding rates turned negative. The pullback coincides with the Fed holding rates steady at 3.50–3.75%, amid political pressure on central bank independence and uncertainty over macroeconomic direction.

Solana's validator count has fallen by 68% since 2023 due to escalating operational costs and intense zero-fee competition, forcing many smaller node operators to shut down.