Bitwise has formally confirmed that the crypto-specialist asset has acquired approval for the Solana staking ETF, and it’ll begin buying and selling on 29 October 2025. The Bitwise Solana Staking ETF (BSOL) would be the first U.S. spot Solana ETF, buying and selling on the NYSE. The launch amid the U.S. authorities shutdown and restricted SEC exercise is a notable milestone for the sixth-largest cryptocurrency by market cap.      

Bitwise launched $BSOL — the Bitwise Solana Staking ETF, which was set to begin buying and selling the next day. They acknowledged that the SOL ETF was the primary U.S. ETP to have 100% direct publicity to identify SOL, maximizing Solana’s 7%+ common staking reward fee, focusing on 100% of belongings staked, and staking via Bitwise Onchain Options, powered by Helius Labs, with 0% charges and a waiver for a restricted time. They believed that Solana was a key platform for enabling capital markets to return on-chain and was completely positioned for that second. They talked about that buyers might now get publicity to its development potential and seven% common staking rewards with BSOL. 

SOL’s present market efficiency reveals a slight decline of 0.93% within the final 24 hours. The market sentiment of the native cryptocurrency of the Solana ecosystem is bullish, with a 50 studying on the concern and greed index. The introduction of the primary U.S. spot Solana ETF has reignited the opportunity of SOL reaching $290–$345 within the close to to mid-term. SOL worth immediately is $202.24, and the token is buying and selling with a $ 13.91 billion day by day buying and selling quantity and a $ 111.69 billion market capitalization. Worth prediction specialists declare that SOL’s present decline is momentary and is perhaps because of the macroeconomic elements, just like the Fed’s anticipated 25-basis-point fee reduce and ongoing geopolitical uncertainty.     

Solana Worth Prediction: Can Solana Attain $500 in 2025 with the BSOL Launch?

SOL, the native cryptocurrency of the Solana ecosystem, trades at $202.24 with a weekly enhance of 10.6%, and is exhibiting a bullish momentum within the cryptocurrency market. The Bitwise Solana Staking ETF (BSOL) launch on the New York Inventory Alternate (NYSE) will give SOL an additional increase to interrupt the $250 worth level within the close to time period. The BSOL ETF launch is a key milestone within the historical past of the Solana ecosystem. It is going to decrease the entry obstacles for retail and institutional buyers and supply a better strategy to entry Solana with staking rewards and regulatory adherence. The launch might entice substantial inflows and play an important position in SOL’s worth appreciation. 

Crypto ETF launches typically drive elevated demand and gas a major worth rally, which is nearly unprecedented within the historical past of the actual venture, however in response to the historic information, worth volatility and worth corrections proper after ETF launches are widespread, which might justify SOL’s present slight downtrend.

Picture Supply: CoinMarketCap

Based on the specialists, SOL reaching $500 is feasible, but it surely may want to interrupt via the resistance degree of $250-$300 worth vary by the top of this month or the primary week of November, which is unlikely for the time being.      

Solana Brief-Time period Worth Prediction

Here’s a short-term worth prediction of the SOL token, which shall be useful for the short-term SOL buyers.

Disclaimer: The SOL worth prediction information included on this desk is predicted and topic to vary in response to market situations.

Backside Line – Solana Worth Prediction

Our specialists predicted that the worth of Solana would development downward within the coming days, dipping as little as $199.28 by the next day. They famous that this may characterize a 2.06% dip in comparison with that day’s charges. Regardless of the SOL ETF hype, the sixth-largest crypto by market cap is predicted to remain regular on the $199-$200 worth level for subsequent week. Well-known crypto analyst Marzell posted on X that individuals mustn’t get fooled by the $SOL ETF hype. He expressed his bullish stance on Solana long-term, however emphasised that the chart was the truth. He acknowledged that on the weekly chart, $155 was an important degree, and a LIQ run on this degree appeared extremely possible. 

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