• Solana gains attention as VanEck updates its Staking ETF, introducing a 0.30% management fee to attract investors.
• RSI at 44.83 reflects neutral momentum; MACD shows early signs of a bullish crossover forming.
• Analysts forecast a potential breakout above $211, which may trigger a new rally toward $250 and beyond.

Solana (SOL) is making a strong comeback, climbing in value as investor interest surges across the broader crypto landscape. Its price has surged by 1.18% over the last 24 hours but is down by 9.26% over the last week.

At the time of writing, SOL is trading at $201.87, supported by a market capitalization of $110.36 billion. Moreover, its trading volume decreased 21.34% to $10.73 billion, revealing hesitation among investors before re-entering the market.

Source: CoinMarketCap

VanEck Updates Solana Staking ETF With 0.30% Fee

A prominent crypto analyst, Coin Bureau, revealed that VanEck has updated its Solana Staking ETF proposal, adding a 0.30% management fee to make it one of the most cost-efficient crypto ETFs. The revised filing combines SOL price exposure with staking rewards, letting investors earn passive yield through validator participation.

The ETF, set to trade under the ticker VSOL, includes safeguards like regulated custody and liquidity buffers for staking risks. While SEC approval remains pending, the filing highlights rising institutional interest in Solana. If approved, it could channel major capital into Solana, boosting liquidity and adoption and potentially driving SOL’s price higher.

Also Read: Solana Price Forecast October 2025: Can It Reach $1300?

Solana Breaks Out After 18 Months; Is $250 Next?

Moreover, the crypto analyst, Jelle, highlighted that SOL has broken free from an 18-month-long reaccumulation range, marking a powerful shift in momentum. After successfully retesting the breakout zone, the asset has bounced back above $200, confirming renewed bullish strength. This clean technical setup signals the start of a potential new uptrend across the Solana ecosystem.

Source: X

Analysts now point to the $250 level as the next critical resistance before open-air price discovery begins. A decisive move above that zone could unleash a strong continuation rally, with traders eyeing fresh highs. With rising on-chain activity and investor confidence building for SOL, once $250 clears, the sky is the limit.

Solana Hints at Consolidation Before a Potential Breakout

The Solana price is lower than the 20-day ($210.70) and 50-day ($211.22) EMAs. The 100-day ($199.93) and 200-day ($186.88) EMAs are important levels of support, a sign that the price is stabilizing after a steep fall. Failure to maintain its position above 20- and 50-day EMAs will keep the near-term outlook bearish, but stability above $200 provides limited consolation.

Source: TradingView

The RSI is at 44.83, signaling poor momentum that is still below the neutral 50 level that indicates negligible buying power. The MACD remains bearish, with the MACD line below the signal line but forming a convergence, indicating a possible trend reversal. A breakout above $211 might initiate recovery, while a fall below $199 might encourage a further downward move towards $186.

Also Read: Solana Price Surge: Can It Hold $190 Support and Rise Further?