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Solana May Face Near-Term Pullback on Rising Wedge as ETF Odds and Institutional Demand Could Support Further Gains

The post Solana May Face Near-Term Pullback com. Solana price has rallied over 150% in 2025 but faces short-term risk from a rising wedge on the daily chart; however, high ETF approval odds and sustained institutional accumulation support a longer-term bullish outlook for SOL. Solana price up 150% in 2025; rising wedge signals near-term reversal risk. Spot Solana ETF approval odds above 90%, which could boost U. S. demand for SOL. Institutions hold multi-billion-dollar SOL positions; Alpenglow upgrade and technical metrics are key near-term drivers. Solana price rally analysis, rising wedge risk and ETF outlook. Solana price insights and trade guidance read the full technical and fundamental breakdown. Solanas price rally faces a critical technical challenge with a rising wedge, but strong fundamentals may push it higher. ‘, ‘ Advanced Trading Tools Await You! Maximize your potential. Join now and start trading! ‘, ‘ Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document. getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage. getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math. floor(Math. random * adscodesBitget. length) : sessperindex; adplace. innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget. length 1 ? 0 : adsindex + 1; sessionStorage. setItem(“adsindexBitget”, sessperindex); } }); What is driving Solanas price rally and is the trend sustainable? Solana price has surged over 150% year-to-date, driven by ETF optimism, institutional accumulation, and upcoming protocol upgrades. The rally is structurally supported by demand but faces a short-term technical threat from a rising wedge pattern that could trigger a pullback toward the $200 support zone. How does the rising wedge pattern affect Solana price? The rising wedge on the daily chart forms as two converging upward trendlines, often signaling a potential reversal when momentum weakens. RSI is compressing into a symmetrical triangle and MACD lines have crossed downward, increasing the probability.

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Bonk, Pengu, Shiba Inu & Layer Brett Backed As The Best Crypto To Buy Now, What Could Rally 30x?

The memecoin market is experiencing a significant revival as institutional interest drives remarkable gains across established tokens like Bonk, Pengu, and Shiba Inu. While these popular meme tokens capture headlines with their impressive rallies, Currently priced at just $0. 0058 in its presale phase, Layer Brett emerges as a unique contender that combines the viral appeal [.] The post Bonk, Pengu, Shiba Inu & Layer Brett Backed As The Best Crypto To Buy Now, What Could Rally 30x? appeared first on Blockonomi.

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XRP Ledger XLS-86 Amendment Introduces New Firewall Layer – What To Expect

The XRP Ledger (XRPL) is entering a new evolutionary phase with the introduction of the XLS-86 amendment, which brings a firewall layer directly at the protocol level. For years, crypto investors and institutions have raised concerns over scams and network vulnerabilities that erode confidence in blockchain technology. With this new amendment, XRPL is positioning itself [.].