Solana Price Prediction: SOL Crushes $200 Resistance as ETFs Launch – $250 Next in November?

Solana (SOL) is roaring back, smashing through $200 resistance with ETF launches igniting a fresh rally. As institutional money floods in, the question is: Is $250 on the horizon for November?

ETF Launches: A Game-Changer for Solana

The U.S. SEC has greenlit ETFs for Solana, Litecoin, and Hedera, even amid government shutdown chatter. Bitwise’s Solana Staking ETF rolls out on NYSE Arca today, the first U.S. ETP with full spot SOL backing. VanEck’s Amendment No. 6 filing hints at more approvals soon, drawing billions in potential inflows and solidifying SOL’s DeFi dominance with $11 billion+ TVL.

(Source: Solana Stablecoins Market Cap / DefiLlama)

Stablecoin Surge: $16.25B ATH on Solana

Solana stablecoins hit a record $16.25 billion market cap on October 14, a 225% jump from January’s $5 billion. More USDC and USDT means real liquidity flowing into trading and DeFi, boosting confidence despite SOL’s recent flatline. It’s a clear bullish sign – the ecosystem is exploding, even if price lags.

SOL Price Action: Defending $197 Support

SOL tagged $205 resistance before retesting $197, now flipped to support. A strong break above $205 eyes $215 and beyond, but failure could dip to $182. With Fed rate cuts, Powell’s speech, and QT possibly ending, the market’s heating up – U.S. equities added $767 billion in cap today. SOL’s poised for 10% gains if $197 holds.

2025 Outlook: $250 by November?

Forecasts call for $250 in November if ETF momentum sustains. Changelly sees $192-$194 short-term; CoinDCX $250-$270. Finder targets $482 year-end. Bullish catalysts: ETF approvals and stablecoin growth; bear risks: tariff volatility testing $180.

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Trading Strategy: Longs with Stops

Short-term: Long above $205, stop $197 (3% risk), target $215. Swing: Accumulate dips, staking for 8% APY. Watch ETF volume; below $197, exit.

In summary, Solana’s ETF surge and stablecoin ATH crush $200, eyeing $250 in November amid DeFi’s boom.