Overview
- Sol Strategies is set to trade on Nasdaq under ticker STKE on Sept. 9, with reported holdings of roughly 400,000–435,064 SOL.
- Fonte Capital launched a spot Solana ETF with staking on Kazakhstan’s Astana International Exchange, offering an estimated 5.5%–7.5% yield.
- Price action shows consolidation above key support near $197–$200, with resistance clustered around $210–$215 and repeated tests near $213.
- Whale accumulation and selective institutional buying were observed this week, and analysts say a clear break over $213–$215 could open targets in the $240–$250 zone.
- Other analysts caution that liquidation pockets near $196–$199 and bearish patterns could drag SOL toward $192 or even $160–$170 if support fails; U.S. SOL ETF filings face October decision deadlines, including Oct. 16 for Bitwise and 21Shares.