The Solana price has risen over 1% in the last 24 hours to trade at $139 as of 4:00 a.m. EST, accompanied by a 38% decrease in daily trading volume to $5.7 billion.
This slight jump in the SOL price occurs as 21Shares, a prominent asset manager in cryptocurrency, has officially filed its prospectus for a new spot Solana ETF in the United States. Furthermore, the Chicago Board Options Exchange (Cboe) has already approved the registration and listing of this fund.
🚨JUST IN: The SEC website shows that @Cboe exchange has approved the listing and registration of the @21shares Solana ETF, clearing the way for its launch tomorrow. pic.twitter.com/GkSGJdp8Za
— SolanaFloor (November 18, 2025)
This approval means the ETF could begin trading almost immediately, providing institutional investors with a straightforward method to invest in SOL without directly holding the cryptocurrency. This new ETF features a competitive management fee of 0.21%, which is notably lower than many other cryptocurrency funds.
🚨 ANOTHER $SOL ETF GOING LIVE! 🚨
🔥 FIDELITY'S $FSOL ETF LAUNCHES NOVEMBER 18! 🔥
📉 MANAGEMENT FEE: 0.25%#SOL#Fidelity#FSOL#CryptoETF#Solana#Crypto#WorldNews#CryptoMarketpic.twitter.com/lz7Hi76MVg
— Crypto News Hunters 🎯 (November 18, 2025)
In addition to 21Shares, major firms like Fidelity, VanEck, and Canary Capital are also developing Solana ETF products, indicating a sustained and increasing interest in the asset, even amidst price fluctuations.
Institutional investment in Solana continues to grow, with capital flowing in from digital asset treasuries and traditional finance companies. This timing is significant; Solana's market capitalization is considerably smaller than Ethereum's, meaning even modest investments can lead to rapid price appreciation.
Previous ETF launches, such as the futures-based Solana ETF in July, have already demonstrated a strong demand for regulated exchange-traded products.
Solana On-Chain Metrics Show Strength
A recent report highlights that Solana has surpassed Ethereum in weekly decentralized exchange (DEX) transaction volume. Currently, Solana has achieved $29 billion compared to Ethereum's $15.9 billion earlier this month.
The network successfully processed over 543 million transactions in a single week, an impressive figure that underscores Solana's advanced scaling capabilities.
Ongoing upgrades, such as Firedancer and Alpenglow, are enhancing transaction speed and reducing costs, thereby differentiating Solana from its blockchain competitors. Concurrently, network fees remain exceptionally low, attracting both retail and institutional users.
Furthermore, activity on wallets and addresses continues to surge. An increasing number of holders are opting to move their coins from exchanges to personal wallets, signaling strong long-term confidence. Staking participation is also on the rise, reflecting the community's and investors' belief in Solana's future potential.
These trends contribute to reduced immediate selling pressure and enhance stability, even in the event of short-term price corrections.
Despite recent market volatility, institutional inflows are evident on-chain. The introduction of new treasury products and ETFs is anticipated to further boost these metrics, supporting the notion that the Solana price could experience a significant positive reaction if new funds enter the market in the coming weeks.
Solana Price Prediction: SOL Analysis Points To A Turning Point
Solana's price action recently fell below key support levels on both the 50-day and 200-day Simple Moving Averages (SMAs). The 50-day SMA is positioned at $183.91, while the 200-day SMA is at $180.03.
The Relative Strength Index (RSI) is currently low at 35.20, approaching oversold territory. This suggests that sellers have dominated the market, and conditions are favorable for a potential rebound if buyers re-enter.
The MACD indicator is in negative territory, signaling that the current trend remains downward. However, these conditions can shift rapidly if momentum improves.
The SOL price chart also indicates the formation of a "cup-and-handle" pattern, which is a classic bullish chart formation. Nevertheless, the price has experienced a retreat rather than breaking above the resistance level near $295.83, which now acts as a ceiling for further price increases.
Solana Price Set For Potential Reversal If Bulls Break Key Resistance
For a positive trend reversal, Solana's price must reclaim the 50-day and 200-day moving averages. If buyers successfully push the price above $180, it could pave the way for a recovery towards the $230 and $295 levels.
Immediate support is observed near $95.26, which represents the recent low. If Solana's price declines further and fails to hold above this level, traders may look for a new consolidation base before buyers return. On the upside, any significant upward movement driven by institutional buyers could rapidly alter the technical outlook and propel the Solana price towards the target indicated on the chart.