Solarium
It decreased by 7.84% in the last 24 hours, quoting to $ 145.08 at 20:03 UTC on July 1, 2025, according to the technical analysis model of Coindesk Research; During the same period, the broader cryptographic market, indexed by Coindesk 20, fell only 0.24%.
The strong sun fall occurs only one day before an important milestone for the ecosystem: the launch of the ETF REX-OSPREY SOL + STAKING.
Establish to debut on July 2, 2025, the ETF Rex-Osprey Sol + Remoniey (Ticker: SSK) It is the first quoted background in the stock exchange in the United States that provides direct exposure to the Native Solana Token and at the same time offers access to betting rewards. Unlike traditional cryptographic ETFs that only track the price, this fund allows the holders to passively benefit from the Solana participation test reward system.
Approximately 80% of ETF assets will be assigned to Sol, with approximately 50% of those actively sharp tokens. The fund is structured under the law of the Investment Company of 1940, a framework generally seen as more favorable from a regulatory point of view than the 1933 law. The structure of the 1940 law can improve investor protections and accelerate approval, which could influence a broader institutional participation.
Analysts say that this launch represents an important step for the credibility of Solana among US financial institutions. By integrating the generation of performance directly into the ETF, it offers a more complete exposure to the asset than spots monitoring funds. Some market participants believe that it could serve as a catalyst for long -term adoption, particularly as other companies, including Grayscale, Vaneck and Bitwise, pursue similar ETF applications.
However, despite the pending ETF launch, Sol saw a wide base sales pressure on Monday, underlining the cautious posture of the market before the event.
TECHNICAL ANALYSIS
- Sol decreased $ 12.34 in the last 24 hours, falling from $ 157.42 to $ 145.08, a loss of 7.84% with a price range of $ 12.34.
- A strong resistance was found at $ 157.42 during the first hour of the analysis window, followed by a constant sales pressure throughout the session.
- The largest volume increase occurred during the 06:00 UTC hours, exceeding 1.57 million units, with rejection of prices about $ 151.50.
- Upport arose at $ 146.55 during the UTC time of 14:00, also coinciding with a high volume, indicating the accumulation interest around that level.
- In the last hour of the analysis window from 19:01 to 20:00 UTC, Sol decreased more than $ 146.31 to $ 145.08, reaching its lowest price of the day.
- The price of the action formed a well -defined descending channel, characterized by lower and lowest lower ups and downs during the entire negotiation period.
Discharge of responsibility: Parts of this article were generated with the assistance of artificial intelligence tools and reviewed by our editorial team to guarantee the precision and compliance with Our standards. For more information, see Coindesk’s complete policy.
