Overview
- Franklin, Fidelity, CoinShares, Bitwise, Grayscale, VanEck, and Canary submitted fresh S-1 amendments for spot Solana ETFs that include staking features, according to ETF Store’s Nate Geraci.
- SOL traded back above $210 after holding support near $193.52, with intraday charts showing a break above a bearish trend line and the 100-hour moving average.
- Institutional demand strengthened, with REXShares recording $16.2 million of single-day inflows and REX-Osprey funds purchasing more than $10.5 million of SOL.
- Analysts flag $230 as immediate resistance; a confirmed breakout could target $370–$400, while failure to hold the ~$200 band risks a slide toward ~$180.
- Jump’s Firedancer team proposed SIMD-0370 to replace fixed compute-unit limits with dynamic scaling, a capacity upgrade still in the proposal phase.