price of Solana SOL The cryptocurrency has fallen more than 12% this week. With the U.S. government shutdown finally over, investors are hoping that crypto and stock markets will soon improve after major assets traded in the red for about a month. SOL is one of these assets and needs a boost to recover from six-month lows. Will the next wave of approved Spot Solana ETFs be the catalyst?
At the time of writing, Solana (SOL) appears to be facing resistance at the $140 price level. However, the asset started 2025 on a strong note, hitting an all-time high of $293.31 on January 19th. The asset hovered above the $110 price level, and while 2025 saw sporadic success, 2024 still turned out to be the better performing year. Fortunately, what we have in 2025 and 2026 but will be missing in 2024 is the existence of the SOL ETF.
Six new spot Solana ETFs are now operational, each offering a unique exposure model. 21Shares’ new spot ETF is now operational with CBOE approval and a competitive 0.21% management fee. Fidelity also entered the market with NYSE Arca’s FSOL, which includes a staking component. ETFs quickly positioned Fidelity as the largest traditional manager offering SOL products. Additionally, VanEck, Canary Capital, Bitwise, and Grayscale round out the ETF lineup.
This price movement and sharp split in capital flows made SOL one of the hottest tokens in the second half of 2025. There were several times this year when SOL was the best-performing cryptocurrency on the market, not by value but by daily chart growth. That consistency makes SOL one of the best bets in the crypto market and one of the promising factors that will help SOL’s price recovery.
Additionally, the $130 price point is extremely important for Solana (SOL). A drop below $130 could push the asset down to around $100-$105, the level it last traded in April of this year. A drop below $100 would be a serious problem for Solana (SOL). The asset has not traded below $100 since January 2024.
