Solana (SOL) has long been one of the most talked-about altcoins in the crypto market, known for its blazing-fast blockchain and thriving DeFi and NFT ecosystems. In 2025, SOL has seen dramatic swings, capturing both bullish and bearish traders in its volatile price action. As it hovers around the $147 mark today, investors are closely watching whether Solana price can break higher toward $200 again or slip back to key support levels near $120. In this detailed daily chart analysis, we’ll break down what Solana’s price structure, key indicators, and recent momentum really suggest — and calculate where SOL price could realistically be headed next.Solana Price Prediction: What Does the SOL Price Daily Chart Reveal Right Now?SOL/USD Daily Chart- TradingViewLooking at the daily chart for Solana (SOL), the Solana price is hovering around $147.43 at the time of writing. The Heikin Ashi candles show a clear slowdown in the previous uptrend — the candles have turned neutral with short bodies and wicks on both ends, which typically signals indecision in the market. The Relative Strength Index (RSI) is at 47.60, which puts SOL price in the neutral zone, neither oversold nor overbought. This suggests the market is waiting for a clear catalyst.Are There Strong Support and Resistance Levels?Key resistance is sitting near $160, which has acted as a ceiling during the recent price attempts to break higher. On the downside, there’s visible horizontal support around $140–$142, where price has bounced multiple times. If this level breaks, the next visible support is around $120, which aligns with the dotted blue levels marked on the chart.To quantify: if SOL price closes a daily candle below $142, we could see a 15–20% downside move toward $120:
Solana is facing a critical test this week, consolidating in a tight range between $145 and $160 since Monday. The price action reflects strong buying interest but also hesitation as bulls struggle to reclaim higher levels. Despite holding above key support, Solana must break decisively above resistance to confirm a bullish breakout and continue its upward trend. Market momentum has favored bulls in recent weeks, but Solana’s inability to breach the $160 zone raises questions about the strength of this trend. Top analyst Carl Runefelt shared insights highlighting that Solana is currently ranging within a rising channel pattern—a structure that, while seemingly bullish, can often precede a breakdown to lower demand zones if support fails. This makes the coming days especially important for SOL’s trajectory. As macro conditions improve and Bitcoin flirts with new all-time highs, Solana is expected to respond in kind. However, technical signals suggest caution. A break below the rising channel could target the $128.50 support area, while a successful breakout above $160 could open the door to retesting local highs. Traders and investors alike are closely watching Solana’s next move in this high-stakes consolidation phase. Solana Holds Key Support Amid Rising Channel Formation Solana is currently trading below the $150 level, reflecting a notable 20% decline from its local high set in May. Despite this setback, the asset continues to hold a strong support base, signaling that bullish sentiment has not entirely faded. The broader market remains in a consolidation phase, with Solana showing signs of indecision as it moves sideways within a tightening price range. Analysts remain cautiously optimistic, pointing out that a breakout above the key $150–$160 supply zone could spark renewed upside momentum. However, the current price structure suggests that Solana may not be ready yet to retest previous highs. According to Carl Runefelt, Solana is ranging within a rising channel—a pattern that can lead to sharp movements if broken. While rising channels can sustain bullish continuation, a breakdown below the lower trendline often results in accelerated downside moves. Runefelt warns that if Solana breaks below the channel, the next key support area lies around $128.50. This level has historically acted as a strong demand zone and could serve as the next target in the event of a bearish move. In the meantime, Solana’s consolidation reflects broader market uncertainty, with traders waiting for a decisive breakout or breakdown to guide positioning. A successful reclaim of the $150 level would improve sentiment significantly and could set the stage for a push toward the $170–$180 range. On the other hand, failure to hold above current levels may shift the narrative toward further downside risk. SOL Holds Range Amid Resistance Solana (SOL) is currently trading at $147.62, moving sideways within a tightening range and forming a potential rising channel pattern. The daily chart reveals that SOL has been unable to break decisively above the $155–$160 resistance zone, while strong support remains near the $140 level. Price action shows repeated rejections near the 100-day moving average (blue line), which now acts as dynamic resistance around $155.60. The 200-day moving average (red) sits further above $165.54, marking a long-term resistance area. Volume remains relatively low compared to early June spikes, suggesting market participants are waiting for a clear breakout direction. A push above $160 would likely trigger bullish momentum, potentially opening the door toward the $170 level. However, the rising channel identified by analysts suggests a possible downside risk if the lower trendline fails. If Solana breaks below the $145 support and falls out of the channel, the next target would be the $128.50 area, which previously acted as a demand zone in mid-May. Until then, bulls must defend current levels and aim to reclaim the 100-day SMA to maintain the broader recovery structure. The coming sessions may offer clarity as consolidation nears its resolution. Featured image from Dall-E, chart from TradingView
DeFi Development Corp (DFDV) purchased 17,760 Solana (SOL) tokens for its cryptocurrency treasury, valued at approximately $2.72 million. DeFi Development has focused its attention on Solana due to its DeFi capabilities and ability to compete with similar tokens, such as Ethereum. DeFi Development now holds 640,585 SOL tokens, valued at approximately $98.1 million. The investment in SOL marks a stark contrast to other companies that mainly invest in Bitcoin. DeFi Development also has an interest in engaging with the Solana ecosystem to enhance its business operations. The latest purchase of 17,760 SOL had an average price of $153.10 per token. DeFi Development will store the tokens as validators for Solana, allowing the company to earn yields. They have even developed their validators to do the compounding independently. Wu Blockchain, a crypto journalist, announced the news online, declaring that DeFi Development was continuing its Solana treasury strategy by purchasing 17,760 SOL tokens. Wu Blockchain also mentioned that DeFi Dev was being consistent with their focus on Solana. DeFi Dev aims to compound their treasury over time by reinvesting SOL tokens as validators for the Solana ecosystem. DeFi Dev is a Nasdaq-listed company that goes under the ticker DFDV. DeFi Dev was proud to announce the new milestone. They have an impressive SOL treasury of nearly $100 million, which may help them continue business operations even during difficult times. A Solana-centric approach dominates the business model of DeFi Dev, with a treasury strategy combined with a staking approach to making profits. DeFi Dev has started its staking process for both internal and external clients. Staking is analogous to Bitcoin mining, as it is a method for generating revenue. The company has chosen Solana as its primary cryptocurrency due to its fast transaction speeds and DeFi capabilities. This is in contrast to Bitcoin’s problematic track record of scalability and limited abilities to program its blockchain. DeFi Dev, however, isn’t the only company investing in Solana. Sol Strategies, a Canadian firm, created a $1 billion prospectus to fund its Solana treasury and expand its validator activities. Solana has become a viable alternative to Ethereum, offering staking capabilities that make it an environmentally friendly option. Solana could also be used to expand services that tokenize real-world assets. The sol-per-share ratio for DeFi Development is currently at 0.042, which translates to $6.65 per share. The metric could help compare various treasury companies to ascertain the relative strength of their treasuries. DeFi Dev has 14,740,779 shares outstanding according to their June 2024 filing. The Solana treasury has been carefully designed to be stored for an extended period, compounding interest through its yields. DeFi Dev has developed a business model based on the principles of compounding, while also offering validation services for the Solana network. DeFi Dev will keep shareholders and stakeholders informed of their treasury performance through regular filings and reports. DeFi Development Corp has become a Solana-centric company, employing various acquisition strategies to purchase more of its common stock and acquire Solana for validation purposes. Such an asset-centric strategy has yet to prove its worth over time. The company has also suggested that shareholders could further use derivatives to hedge their exposure to Solana and optimise their portfolio. DeFi Dev has experienced various setbacks, including a failed SEC filing for $1 billion in funds on June 11, due to a misfiled 10-K form. However, the company has addressed these problems and has continued its treasury strategy. Solana traders may welcome the news of a Solana-based strategy, as it could be added to their portfolio, or they could subscribe to the company’s annual reports.
Solana (SOL) is approaching a critical price level, and all eyes are on the $175 resistance zone. After trading sideways for much of Q2 2025, Solana’s recent price action and on-chain metrics suggest it could be nearing a pivotal breakout. But does the data support a push toward $300, or is the resistance too strong? Crypto analyst Ali Martinez highlighted on July 3 via X that if the market is gearing up for a second leg up, Solana could benefit significantly. The volume-weighted average price (VWAP) across this band reinforces its importance as a potential springboard for further growth. If SOL can breach the $175 mark, it may unlock a bullish leg upward. But Martinez warned that strong resistance remains just above. On-chain data from IntoTheBlock confirms that this resistance zone is loaded with investor activity. The platform shows significant “In/Out of the Money Around Price” clusters between $170 and $180. This means a large cohort of holders is either looking to break even or lock in profits, making it difficult for the path above $175 to gain new momentum. If SOL clears that wall, the next major cluster appears between $210 and $230, where more than 1.2 million addresses are positioned. According to CoinGlass, the open interest for Solana (SOL) perpetual futures has reached $985 million. This data indicates a significant level of investor interest and participation in the SOL derivatives market, specifically in perpetual futures contracts. On the developer front, Solana continues to attract active builders. As reported by ZyCrypto, daily active developers on Solana averaged 180 in June 2025, placing it third behind Ethereum and Polygon. While this is down from its peak in late 2023, it still marks Solana as a robust Layer 1 network with consistent technical development. Despite positive fundamentals, macro uncertainty clouds the broader crypto market. The Federal Reserve’s decision in late June to hold interest rates unchanged, along with persistent inflation data, has kept risk appetite muted. Bitcoin and Ethereum have struggled to regain momentum, and SOL’s fate may depend on broader market sentiment as much as on its own metrics. Solana’s $175 resistance is more than a psychological level—it’s a volume-weighted wall reinforced by millions of tokens and thousands of wallets. Breaching it will likely require either a macro catalyst or renewed inflows into the network. Until then, $175 remains the gatekeeper. Whether it becomes a springboard to $300 or a ceiling for consolidation, the data suggests the next move could be decisive.
A closely followed crypto analyst is revealing bullish targets for Bitcoin (BTC) while updating his outlook on a handful of prominent altcoins. In a new strategy session, crypto trader Ali Martinez tells his 139,200 followers on the social media platform X that the top crypto asset by market cap looks poised to push to the $118,000 price level – a new all-time high – if it can finish with a daily close above $109,000. “Despite the broader quarterly outlook shared in this video, the daily chart for Bitcoin. BTC looks promising. A daily close above $109,000 could open the door to a rally toward $118,000!” Source: Ali Martinez/X BTC is trading for $109,644 at time of writing, a fractional increase on the day. Moving on to smart contract platform Ethereum (ETH), Martinez says he expects more choppiness until the top altcoin closes outside the $2,227-$3,385 range. “Heard a company added an inflationary asset like ETH to its balance sheet, and suddenly everyone’s bullish again. But let’s be real: I expect more chop until we get a sustained close outside the $2,227-$3,385 range.” Source: Ali Martinez/X ETH is valued at $2,579 at time of writing, a marginal increase on the day. Turning his attention toward the meme asset Dogecoin (DOGE), Martinez notes that the popular dog-themed token appears ready to ascend to $0.19, potentially up to $0.26, after bouncing off a low. “Dogecoin bounced from the lower boundary of this channel. Now targeting $0.19, with potential upside to the upper boundary near $0.26.” Source: Ali Martinez/X DOGE is trading for $0.17 at time of writing. Concluding his analysis with ETH competitor Solana (SOL), the trader says the smart contract platform looks poised to benefit if the crypto markets break out. Source: Ali Martinez/X SOL is trading for $151 at time of writing, a marginal decrease during the last 24 hours. Newsletter]   Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Trader Unveils Bullish Targets on ‘Promising’ Bitcoin, Updates Outlook on Ethereum, Dogecoin and Solana appeared first on The Daily Hodl.
SOL remains down, yet investors haven’t backed out.
The concept of cross-chain bridges offers a significant value improvement in services accessible to blockchain developers and users. When it comes to interoperability between blockchains, cross-chain swaps are what make all the difference. Not all swappers and wallets support cross-chain. For that reason, many users have to register on major crypto exchanges, such as Binance, Kraken, or many other large crypto hubs. StealthEX offers its customers the option of exchanging tokens created on various blockchains smoothly and quickly, without signing up for the service. Cross-chain swaps are one of the platform’s key benefits. Read more about how to convert SOL to ETH in the new StealthEX article. SOL to ETH: A Simple and Straightforward Process There are many swappers where you can exchange Solana to Ethereum, and StealthEX is one of the safest cross-chain exchanges. This platform offers users to convert SOL to ETH with no extra fees and with the best floating and fixed rates. Such cross-chain exchanges are always freely available via StealthEX. How to Convert SOL to ETH? Just follow the guidelines below. Let’s imagine you want to exchange SOL for ETH. To make an exchange, you need to take a few simple steps. First, you should choose Solana (SOL) in the left drop-down list. Then choose Ethereum (ETH) in the list of coins on the right. After setting the pair it is necessary to enter the amount of SOL you want to exchange. Here you will see the estimated amount of ETH that you will receive after the exchange. Now, when everything is set, press the Start Exchange button and you will be taken to the next page. In the second step, you need to provide the ETH crypto recipient address. The recipient address must match the crypto you are going to receive. Remember to double-check the information you enter prior to the exchange as the transaction you make cannot be canceled. As soon as you have carefully checked all the details, you can press the Next button and you will be redirected to the Confirmation page. Here you can revise the address provided and the amount of Ethereum you will receive. Don’t forget to read and check the Terms of Use and Privacy Policy box. Without checking the box you will not be able to continue the exchange. Pressing the Next button you will be redirected to the Exchange page. At first, you will see the address where you need to send your SOL to continue the exchange. StealthEX will also provide you with the exchange ID. It will allow you to keep all the information about the swap. It is recommended to save your exchange ID or the link to your exchange. Exchange Statuses After sending Solana coins to the shown address, the information on the Exchange page will be renewed automatically. The Exchange page has several statuses that will change during the time of the exchange.
Airdrop CheckerOverviewSupported BlockchainsAirdropped LinkEthereum and SolanaProfessional service which automate the process of getting notified when Airdrop happens. Highly recommended for professional farmers and investors.Leap WalletFree Cosmos Airdrop CheckerCosmosLootbotNotifies compatible wallets of new airdrops.Base, Solana, Manta, Cosmos, Blast, zkSync, Linea, Scroll, Wormhole, Zora, Goerli, LayerZero.
Crypto airdrops are one of the best ways for a blockchain or a protocol to invite new users to explore their platform and use it. It is a win-win scenario, as a user like you and me can interact with platforms, and the platform rewards us with some token. Now, the value of these tokens may not be much initially, but as more users start using the platform, trading of these tokens increases, and the value grows.
If it is up to me, I would dedicate an entire website to Crypto airdrops, as this is perhaps one of the easiest ways for a crypto project to get initial traction.
As the number of blockchains is increasing, it is becoming equally hard to keep track of airdrops. Often, these airdrops are time-sensitive, so if you don’t claim your eligible token, you may miss it forever. It has happened to many of us, and this is why I’m adding this resource here that will help you check if your wallet (on all popular blockchains) is eligible for present and past airdrops. I’m also sharing some degen tricks for crypto airdrops, which many of you might find very useful.
Top Crypto Airdrops Checker and Tracker Platforms:
1. Airdropped – Airdrop Checker Tool For Ethereum & Solana
Airdropped was started as a free tool to check Airdrops, and with time, they have improved themselves to become a professional tool for checking Airdrops of your wallets and also to get notifications when new airdrop happens.
They still offer free plan, and they do have premium plan which automatically checks for Airdrops and notifies you. I do feel they could improve the on-boarding as in the first screen they ask users to complete the email signup. May be they can make it easier for users to signin using different methods.
If you are looking for a free Solana crypto airdrop checker tool where you can check wallet eligibility without connecting with your wallet, this tool will be useful for you.
This tool is developed by SolWorks and it supports Solana, ETH, and EVM wallet addresses.
Check out SolWorks
2. Leap Wallet Cosmos Airdrop Checker
Leap Wallet and Keplr are two popular wallets for the Cosmos ecosystem, and I discovered Leap Wallet because of their free Cosmos blockchain Airdrop checker.
You can simply enter your cosmos wallet address to check all available airdrops for your address, and use claim to learn more and start the airdrop claim process.
A word of advice:
It is a good idea to read about these airdrops using $Cashtag on Twitter or Reddit before starting the claiming process. Just to be extra safe.
Check out Leap Wallet Cosmos Airdrop Checker
3. Lootbot – Automated Crypto Airdrop Tool
Lootbot is a crypto airdrop hunter platform, which also automatically notifies you if your wallet is compatible with any airdrop. For example, in January 2024 when $WEN (Solana Meme coin) was launched, it was distributed to all users who were using this airdrop automated assistant.
It would be really helpful if Lootbot offered a way to check airdrop eligibility for a wallet address, that will make this tool all the more useful, and will attract more users who like the culture of airdrop farming and hunting.
Watch this video to learn more about Lootbot
Check out Lootbot
Interesting bit: While I enjoy creating such resources for my users like you, I have to tell you that crypto blogging is often rewarding, while curating this resource for airdrop finder, I ended up finding an airdrop worth $850 which my wallet is eligible.
FAQs related to Crypto Airdrop:
Are Crypto Airdrops Profitable?
Crypto airdrops can be profitable, as you receive cryptocurrencies for participating in the protocol or blockchain. However, not all airdrops are profitable, and your success rate may not be 100%.
Which are the biggest crypto airdrops?
Uniswap, a decentralized exchange, distributed about 0 million worth of UNI tokens to its users. Another significant crypto airdrop was by $ape, where users earned more than $100 million worth of tokens.
Does claiming an airdrop cost money?
Airdrops are usually free, but you might need to pay the gas fees of the blockchain, which could cost a few cents or a few dollars, depending on the blockchain you are interacting with.
What are Airdrop hunters?
Airdrop hunters are either a single user or a group of users who interact with multiple protocols on various blockchains to hunt for airdrops. They often create numerous wallets to profit from these airdrops.
Are crypto airdrops scams?
Crypto airdrops are real, but like a big part of crypto, you will find many scams. Especially when a legitimate airdrop is happening, many scammers will create similar-looking websites to hack unaware and innocent users’ wallets. You should always double-check if the address you are interacting with is legitimate and clicked from the official resource or not. Be very careful!
Find Crypto Airdrops and get free Crypto tokens:
As this space is constantly evolving, I will add more crypto airdrop finder tools in the future. If you are a developer and would like to develop such a tool for the CoinSutra community, feel free to write an email to use.
Also, if you feel that there are tools that should be included in this list, let us know via comments.
Note: I urge you to read about the concept of a crypto burner wallet to ensure your safety while claiming an airdrop.
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3 Best Free Crypto Airdrop Checker Tools (All Popular Blockchains) was published on CoinSutra - Bitcoin Community
Grayscale’s proposal to convert its Digital Large Cap Fund (GDLC) into a spot ETF made headway this week after the U.S. Securities and Exchange Commission (SEC) on Tuesday gave the sign-off on an accelerated basis for the listing and trading of the fund on NYSE Arca.
However, investors will have to wait longer as its debut has been temporarily delayed.
SEC Hits Pause On GDLC Conversion To ETF
The SEC put a pause on converting the Grayscale Digital Large Cap Fund LLC a day after agency staff approved the fund to start trading.
“This letter is to notify you that, pursuant to Rule 431 of the Commission’s Rules of Practice, 17 CFR 201.431, the Commission will review the delegated action,” the letter, addressed to the New York Stock Exchange, stated. “In accordance with Rule 431(e), the July 1, 2025 order is stayed until the Commission orders otherwise.”
It can be found here on the SEC website. We have a few theories as to why this happened.
1. The SEC doesn't want to let anything to launch under the 19b-4 process until they officially approve or come up with some framework for digital assets in the ETF wrapper. pic.twitter.com/WegC5d2Tcj— James Seyffart (@JSeyff) July 2, 2025
Bitcoin comprises around 80% of the fund’s holdings. Roughly 11% of the ETF’s assets would be in Ethereum, while Solana accounts for approximately 2.8% of the fund, Ripple’s XRP commands over 4.8%, and Cardano (ADA) has a weighting of 0.8% in the fund. The SEC told NYSE that it would let it know “of any pertinent action taken by the Commission.”
Bloomberg ETF analyst James Seyffart suggested the delay may be tied to the SEC’s ongoing efforts to create an internal framework for issuing crypto exchange-traded products.
The SEC doesn’t want to let anything launch under the 19b-4 process until they officially approve or come up with some framework for digital assets in the ETF wrapper,” Seyffart noted.
Bloomberg’s senior ETF analyst Eric Balchunas concurred with this observation.
The plot thickens. Upper level of SEC telling $GDLC it can't launch until otherwise notified. Not sure why, no other info than this letter. My guess tho: They want to issue the crypto ETP listing standards before any '33 act spot ETFs hit market with these other coins. So likely… https://t.co/Za7rYk1o0E— Eric Balchunas (@EricBalchunas) July 2, 2025
While the SEC greenlighted Bitcoin and Ethereum spot ETFs, it has yet to give the nod to other altcoin spot products, including those tracking the price of Solana, XRP, and Cardano. The Bloomberg analysts are confident the regulator will approve such crypto products by year-end, though.