According to @AltcoinGordon, Solana (SOL) experienced significant selling pressure, with its price dropping approximately 8% to trade between $145 and $147. This decline occurred despite two potentially bullish catalysts: a forecast from Standard Chartered's Global Research team setting a $275 year-end price target for SOL, and the imminent launch of the REX-Osprey SOL + Staking ETF (SSK), the first U.S.-listed fund offering direct exposure to SOL and its staking rewards. Technical analysis from the source indicates that SOL faced a sharp intraday drop from around $160 to a low of $142.13 before finding temporary support. Key levels to watch are support around $143.50-$146.50 and resistance near $150-$152. The market's negative reaction ahead of the ETF launch suggests traders are exercising caution, weighing short-term volatility against long-term institutional adoption signals.

According to @FarsideUK, Solana (SOL) experienced a significant price decline, dropping 7.84% to $145.08, while the broader crypto market saw a minimal 0.24% dip. This sell-off occurs just one day before the highly anticipated launch of the REX-Osprey SOL + Staking ETF (ticker: SSK) on July 2, 2025, the first US-listed fund offering direct SOL exposure combined with staking rewards. The source's technical analysis highlights that SOL faced strong resistance at $157.42 before consistent selling pressure pushed it down. Key support was identified near $146.55, coinciding with elevated volume, but the price ultimately broke lower. The overall price action has formed a clear descending channel, signaling a bearish trend and potential 'sell the news' sentiment among traders ahead of the ETF debut.

According to @KookCapitalLLC, the first Solana (SOL) exchange-traded fund (ETF) in the United States is set to begin trading this week, causing a significant price reaction. The REX-Osprey SOL+Staking ETF is reportedly launching on Wednesday, a detail confirmed by a spokesperson for Osprey Funds. The announcement triggered an initial 5% surge in SOL's price, pushing it to around $157. While the price later stabilized, it maintained a 2.3% gain over a 24-hour period at the time of the report. This launch marks a milestone as it is the first SOL-based ETF in the U.S., specifically a staking fund, ahead of several pending applications for spot SOL ETFs. Market data reflects this volatility, with the SOLUSDT pair reaching a 24-hour high of $159.88.

According to @MilkRoadDaily, the first Solana (SOL) staking exchange-traded fund (ETF) from Rex Shares and Osprey Funds is set to launch this Wednesday, triggering a significant price movement for the token. The source reports that news of the launch initially caused the SOL price to jump by 5%. At the time of reporting, SOL was trading around $157, reflecting a 24-hour gain of approximately 2.3%, with the SOLUSDT pair showing a high of $159.88. This launch marks the first SOL staking ETF in the United States. The source notes that asset manager Rex Shares had previously indicated the ETF was 'coming soon,' suggesting the U.S. Securities and Exchange Commission (SEC) had no further comments on the filing. A spokesperson for Osprey has also reportedly confirmed the Wednesday launch date.

According to @MilkRoadDaily and @cthrin from Coinbase, users can now lend on Morpho Labs and take out loans in $USDC, stake with $ETH, $SOL, and other assets, and earn yield on $USDC without the need to create a new wallet or pay gas fees, as Coinbase covers these costs (source: Twitter/@MilkRoadDaily, June 13, 2025). This streamlined onboarding lowers technical barriers and transaction costs, potentially increasing DeFi adoption and driving higher liquidity for $USDC, $ETH, and $SOL trading pairs.

According to Ai 姨 (@ai_9684xtpa), the crypto market experienced $676 million in liquidations over the past 24 hours, creating heightened volatility. For traders seeking to avoid further risk, depositing $SOL into Binance Earn provides two key benefits: flexible withdrawals to capture passive interest during periods of low trading activity, and eligibility for $LAYER staking rewards, including an upcoming airdrop for those holding BNSOL before July 17. This strategy allows market participants to earn yield and qualify for incentives while waiting for market stability (Source: Ai 姨 on Twitter, May 24, 2025).

According to Cas Abbé (@cas_abbe), major crypto whales have made significant purchases during the recent market dip. Specifically, a whale acquired 10,000 ETH on Gemini, another whale bought 296,000 SOL worth $50 million and staked the entire amount, and a separate whale purchased $330 million worth of BTC across Binance and Kraken. Additionally, large institutions continue to accumulate Bitcoin. These high-volume transactions signal strong confidence among large investors and institutions, suggesting potential price stabilization or upward momentum in the near term for ETH, SOL, and BTC. Traders should monitor whale activity for entry and exit signals, as institutional accumulation often precedes significant market moves. (Source: Twitter/@cas_abbe)

According to @AltcoinGordon, Solana has seen significant institutional investments with DeFi Development Corp adding 82,000 SOL, bringing its total holdings to over 400,000 SOL (worth more than $57 million), specifically for staking and yield generation (source: AltcoinGordon on Twitter, May 7, 2025). Additionally, Strategies has secured 122,524 SOL for $18.25 million through new financing. This surge in institutional activity signals increased long-term confidence and potential upward price pressure for SOL, which could impact broader crypto market sentiment and trading strategies.

According to Lookonchain, a prominent Solana whale has unstaked 100,000 SOL, valued at $13.9 million, and transferred it to Binance. Initially staked at $27 per SOL, this whale has realized substantial profits over four years. Despite the unstake, the whale retains 1.19 million SOL, valued at $166.37 million, indicating a robust staking strategy with profits of over $153 million.

According to EmberCN, a whale or institution that staked 991,000 SOL four years ago recently withdrew 100,000 SOL, valued at $13.9M, and transferred it to Binance. Over this period, the address realized a total gain of $153.5M: $111.4M from SOL price appreciation and $42.08M from staking rewards. This significant movement indicates potential market impacts and trading opportunities.

According to Lookonchain, Galaxy Digital has recently withdrawn 606K SOL, valued at $79.7M, from exchanges and staked 462K SOL, worth $60M, over the past four days. This move indicates a strategic shift towards long-term holding and staking incentives, potentially affecting Solana's liquidity and market dynamics. Traders should monitor SOL's staking trends and liquidity changes for informed trading decisions.

According to Ai 姨, Solayer has opened its airdrop query portal, enhancing user engagement in the staking ecosystem. Notably, whale H1zFM...kcEAe staked 39,344 $SOL, valued at approximately $7.61 million, becoming the fourth largest individual staker. This significant stake highlights the competitive positioning among major $SOL holders, as the top individual staker has held 50,000 $SOL for eight months.