- After a decline, Solana (SOL) may see a price rebound in the fourth quarter of 2025.
- Canary Capital filed for a Solana ETF that includes staking and holding features.
- Grayscale launched a CoinDesk Crypto 5 ETF that features Solana alongside other major cryptocurrencies.
- Technical analysis suggests SOL is in a markdown phase, with potential for a significant price increase.
- CoinCodex forecasts SOL will not fall below $200 soon and expects a recovery in Q4 2025.
Solana (SOL) cryptocurrency may experience a price rebound in the last quarter of 2025 after a period of losses. This outlook follows a recent ETF filing by Canary Capital and increased institutional interest. Despite recent volatility, SOL has recorded gains of 3.9% for the month and 43.8% year-to-date but faces risks of falling below $200.
Canary Capital has filed for a Solana ETF that includes staking and holding strategies, which differ from typical spot ETFs. In addition, Grayscale has introduced its CoinDesk Crypto 5 ETF containing Solana, Bitcoin, Ethereum, XRP, and Cardano. The U.S. Securities and Exchange Commission (SEC) is likely to approve at least one Solana ETF in 2025 or early 2026.
Solana’s price has support around $210 and may stabilize if selling slows. Analysts highlight the coin’s recent price actions through the Wyckoff cycle phases, which describe market behavior in four stages: accumulation, markup, distribution, and markdown. SOL entered accumulation in March 2024, followed by a markup phase with a peak near $293 in July 2024, and then a distribution phase between April and June 2025.
Currently in the markdown phase, Solana reached $254 before dropping to around $201. Following this phase, analysts expect a strong surge that could push the price above $400, reaching nearly $500. According to CoinCodex, SOL is predicted not to fall below $200 soon. The platform anticipates a dip to roughly $208 before recovering to about $236 by December 3, 2025.
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