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The Solana price has rise over 1% in the last 24 hours to trade at $139 as of 4:00 a.m. EST on a 38% decrease in the daily trading volume to $5.7 billion.
That slight jump in the SOL price comes as 21Shares, one of the top asset managers in cryptocurrency, officially filed its prospectus for a new spot Solana ETF in the United States. Additionally, the Chicago Board Options Exchange (Cboe) has already approved the registration and listing of this fund as well.
🚨JUST IN: The SEC website shows that @Cboe exchange has approved the listing and registration of the @21shares Solana ETF, clearing the way for its launch tomorrow. pic.twitter.com/GkSGJdp8Za
— SolanaFloor (@SolanaFloor) November 18, 2025
That means the ETF could begin trading almost immediately, giving institutional investors a straightforward way to buy and hold SOL without directly owning the coins themselves. This new ETF comes with a low management fee of 0.21%, which is very competitive compared to other crypto funds.
🚨 ANOTHER $SOL ETF GOING LIVE! 🚨
🔥 FIDELITY’S $FSOL ETF LAUNCHES NOVEMBER 18! 🔥
📉 MANAGEMENT FEE: 0.25%#SOL #Fidelity #FSOL #CryptoETF #Solana #Crypto #WorldNews #CryptoMarket pic.twitter.com/lz7Hi76MVg
— Crypto News Hunters 🎯 (@CryptoNewsHntrs) November 18, 2025
Alongside 21Shares, companies like Fidelity, VanEck, and Canary Capital have also been working to bring Solana ETF products to the market, showing strong and growing interest even as prices fluctuate.
Institutional inflows into Solana continue to grow as well, with money flowing in the from of digital asset treasuries and traditional finance companies. The timing is crucial: Solana’s market cap is still much smaller than Ethereum’s, so even a moderate investment can push the price up quickly.
Recent ETF launches elsewhere, like the futures-based Solana ETF in July, have already shown that demand for regulated exchange-traded products is strong.
Solana On-Chain Metrics Show Strength
A recent report confirms that Solana now leads Ethereum in weekly decentralized exchange (DEX) transaction volume. Right now, it has hit $29 billion compared to Ethereum’s $15.9 billion earlier this month.
The network processed more than 543 million transactions in a single week, an impressive number that highlights Solana’s scaling capabilities.
Upgrades like Firedancer and Alpenglow are making transactions faster and cheaper than ever before, helping Solana stand out among blockchain competitors. Meanwhile, network fees remain extremely low, which attracts both retail and institutional users.
Moreover, wallet and address activity also continues to surge. More holders are choosing to move their coins off exchanges into personal wallets, signalling long-term confidence. Staking participation is also climbing, showing that the community and investors believe in Solana’s future.
SOL Active Addresses Count Source: Glassnode
These trends reduce immediate selling pressure and add stability, even if short-term pullbacks occur.
Despite recent market volatility, institutional flows are visible on-chain. New treasury products and ETFs are expected to push these metrics even higher, supporting the idea that the Solana price could react strongly if fresh funds arrive in the coming weeks.
Solana Price Prediction: SOL Analysis Points To A Turning Point
Solana price action recently dipped below the key support levels on both the 50-day and 200-day Simple Moving Averages (SMAs). The 50-day SMA sits at $183.91, while the 200-day SMA is at $180.03.
SOLUSDT Analysis Source: Tradingview
The RSI (Relative Strength Index) is low at 35.20, close to oversold territory, suggesting that sellers have been in charge and that conditions are ripe for a bounce if buyers step in.
The MACD indicator is negative, a signal that the current trend is still downward, though these conditions can quickly flip if momentum improves.
The SOL price chart also shows that a “cup-and-handle” pattern has formed, a classic bullish setup. However, the price has retreated instead of breaking above the resistance that sits near $295.83, which now acts as a ceiling for further gains.
Solana Price Set For Potential Reversal If Bulls Break Key Resistance
To turn positive, Solana’s price must reclaim the 50-day and 200-day moving averages. If buyers manage to push the price above $180, it could set up a run back towards the $230 and $295 levels.
Immediate support is found near $95.26, which is the recent low. If Solana’s price falls further and doesn’t hold above this area, traders might look for a new base before buyers return. On the upside, any strong move by institutional buyers could quickly flip the technical picture and send the Solana price towards the indicated target in the chart.
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