Solana Price Prediction: Bitwise ETF Surges 72 Million Next Day, Driving SOL to Sprint to 300 USD

Solana is currently trading at over $197, with the Bitwise Solana Staking ETF achieving a volume of $72 million on the second day, surpassing the first day's volume of $56 million. Analysts predict that the Solana stake ETF could attract $3 billion to $6 billion in new investments within the first year, stimulating SOL to sprint to $300 by the end of the year.

Bitwise ETF volume hit a historical record the next day

The performance of the Bitwise Solana Staking ETF (BSOL) far exceeded expectations. On its second day of listing, its volume reached 72 million USD, surpassing the previously remarkable 56 million USD first-day trading volume, which ranked first among nearly 850 new ETFs listed in 2025. This phenomenon of an increasing trading volume on the second day is extremely rare in the ETF market, usually indicating that the product has gained genuine and sustained market demand.

Eric Balchunas, a senior ETF analyst at Bloomberg, stated that the $72 million trading volume is “very large” and is also a “good sign.” He pointed out that most ETFs see a decline in volume after the initial issuance frenzy. The current sustained growth trend indicates that institutional investors are genuinely interested, rather than just engaging in some entertainment trading on the first day of issuance. The continued growth in volume often signals that the product will achieve long-term success, as it reflects steady buying interest rather than one-off speculation.

BSOL raised $69.5 million in new funding on its first day of issuance, bringing its total asset size to approximately $292 million. On Wednesday, the REX Osprey SOL Staking ETF (SSK) added another $18 million, while Grayscale's comparable product GSOL raised $4 million on its first day. The total asset size of these three Solana ETFs has now exceeded $330 million, and this is just in the first two days after launch. This explosive growth rate far surpasses that of early Ethereum ETFs, indicating a stronger demand for Solana in the market.

From the perspective of volume and capital inflow, the success of BSOL is mainly attributed to its built-in staking function. The 5% staking yield built into these products makes them highly attractive to institutional investors who seek both investment opportunities and passive income. This is something that Bitcoin and regular Ethereum ETFs do not offer. For institutions pursuing stable cash flow, this combination of yield + potential capital appreciation is an ideal investment structure.

Annualized 5% stake yield ignites institutional demand

Analysts predict that the Solana stake ETF could attract between $3 billion to $6 billion in new investments within the first year, primarily due to its enticing 5% staking return. Industry analysts expect significant capital inflows in the long run. Exchange Chief Analyst Ryan Lee believes that the Solana stake ETF could draw in $3 billion to $6 billion in new funds during its first year. Bloomberg ETF analyst James Seyffart stated that if the momentum of this ETF's launch is similar to that of previous cryptocurrency ETFs, the capital inflow could exceed $3 billion within the next 12 to 18 months.

This forecast of 3 billion to 6 billion USD is not unfounded, but rather based on an analysis of the capital inflow patterns of Bitcoin and Ethereum ETFs. Bitcoin spot ETFs attracted over 30 billion USD in the first year of their launch, while Ethereum ETFs, though smaller in scale, also received billions in inflows. Considering Solana's technological advantages, ecosystem activity, and the additional appeal of stake returns, the forecast of 3 billion to 6 billion USD is reasonable and may be somewhat conservative.

A 5% annualized stake yield is highly competitive in the current macro environment. Compared to the approximately 4.5% yield of the U.S. 10-year Treasury bond, Solana staking offers a premium of about 50 basis points, and this yield is denominated in SOL tokens. If the price of SOL rises, the actual yield will far exceed 5%. This structure is extremely attractive to institutional investors seeking income, such as pension funds, insurance companies, and endowment funds.

Solana ETF stake advantages comparison:

Bitwise (BSOL): 5% annual yield, 72% allocated to investors

Grayscale (GSOL): 5% annual yield, 77% allocated to investors

Bitcoin ETF: No staking yield, only price exposure

Ethereum ETF: A few offer staking, with a yield of about 3-4%

From this comparison, it is clear that the Solana ETF has a significant advantage in terms of yield. A 5% yield not only exceeds the staking of Ethereum but also far surpasses Bitcoin's zero yield. This yield advantage is an important supporting factor in Solana's price prediction, as it provides strong economic incentives for long-term holders.

SOL/USD Technical Analysis and Key Price Levels

(Source: Trading View)

From a technical perspective, the Solana ETF is able to hold above $197, indicating strong bullish sentiment in the market after the opening. Although the daily increase is only 1.5%, it suggests that the market is stabilizing after recent fluctuations, and the price trend also indicates that buying pressure exceeds selling pressure. The range between $190 and $195 has consistently been an important support area, with multiple successful retests recently. This price level coincides with the 20-day moving average, thus providing both technical and psychological support. Bulls hope that SOL can maintain this support level while closely monitoring the possibility of breaking through the $205 resistance line.

The volume pattern shows that institutional investors are buying stocks, especially as ETF inflows continue to boost buying pressure. The Relative Strength Index (RSI) is at 55, which is at a neutral level. This indicates that there is significant room for stock price increases without being overbought. When the RSI is between 50 and 60, it typically signals a healthy upward trend, with enough buying support and without excessive enthusiasm that could lead to a pullback risk.

$205, $220, and $250 are important resistance levels to watch, while $190, $180, and $165 are support levels. If the price effectively breaks through $205, it could trigger momentum buying and trading in the derivatives market, quickly pushing the price up to $240. This staircase-like structure of resistance levels provides traders with a clear operational framework.

Year-end target scenario analysis of $225 to $300

Based on the upward momentum and technical aspects of the ETF, Solana seems to have significant upward potential before the end of the year. A conservative estimate suggests that by December 2025, the value of SOL will be between $225 and $240, representing an increase of 14% to 22% from the current price. This Solana price prediction assumes that ETF fund inflows will remain stable and that the market will also remain stable. Given the current performance of the ETF, this assumption of stable inflows is reasonable.

If institutional investors accelerate the adoption of SOL and the entire altcoin market strengthens, then the target price for SOL will reach between 275 to 300 USD. This means that SOL must capture a considerable market share from Ethereum while also benefiting from an anticipated annual inflow of 3 to 6 billion USD in ETF funds. The realization of an aggressive scenario requires multiple catalysts to work simultaneously: Bitcoin reaching new highs triggering an altcoin season, the Solana ecosystem producing killer applications, and further improvements in the regulatory environment.

Solana Price Prediction Dual Scenarios:

Conservative Scenario ($225-$240): ETF stable inflow, technical support, year-end increase of 14-22%

Radical Scenario (275-300 USD): Institutional adoption accelerates, altcoin season erupts, year-end increase of 40-52%.

Key Resistance Levels: $205, $220, $250

Key Support Levels: 190 USD, 180 USD, 165 USD

From a risk management perspective, investors should pay attention to the validity of the $190 support level. If this level is broken, the bullish structure from a technical standpoint may be threatened, requiring a reassessment of Solana price predictions. Conversely, if it successfully breaks through $205 and holds, the path to $240 or even $300 will become clear.