Although there has been a lot of hype around $SOL today, it’s only up 1%. Solana price action has been underwhelming lately.
ETF expert James Seyffart says the Solana Staking ETF could launch as early as this week. It’s partnered with Osprey Funds, offering exposure to Solana (SOL) along with on-chain staking rewards. The ETF, called the REX-Osprey SOL + Staking ETF, tracks Solana’s price but also generates revenue from staking, locking tokens on the blockchain to help validate transactions.
$Solana chart is looking solid right now, and it’s also hitting hard on the fundamentals. The downtrend’s broken, and it’s all about utility. Everything’s pointing in a good direction.
The Rex-Osprey Sol + Staking ETF $SSK is officially set to launch on Wed, as reported by @isabelletanlee, and will be the first to stake in US. 40% of its holdings will be "securities" via other Sol ETPs (to qualify under 40 Act) and fee is 75bps but 1.28% once tax expense from… pic.twitter.com/jDK6onqYsG
— Eric Balchunas (@EricBalchunas) June 30, 2025
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A New Rally for Solana Price?
(SOURCE)
The price has been bouncing between 150 and 155 USDT. Right now, it’s chilling above 155, looking bullish, with the short EMAs crossing over the long ones, so we might see it go up more.
But if it can’t stay above 155, things could turn quickly. If it pushes past 155 and keeps going up, it might hit the next resistance at 160 or higher. But if it drops below 150, it could fall to around 145. Bottom line: watch the 150 and 155 levels; they’ll decide if it keeps going up or drops back down.
Solana is a fast and cheap blockchain that’s been catching the eye of both retail and big-time investors. Adding staking to the ETF makes it even more attractive, letting people earn passive income, kind of like getting dividends from stocks.
Bonus: Why Whales Are Buying Bitcoin Hyper Quietly
Bitcoin HYPER might seem like another memecoin, but it’s actually the first-ever Layer 2 token for Bitcoin. It’s still in presale, but it’s bringing serious heat with lightning-fast transactions and sick dApp features. It’s got that Bitcoin vibe but with memecoin energy and real utility.
Why should you grab some? You can send and receive BTC on Bitcoin Hyper’s Layer 2 with instant confirmations. It runs on Solana’s engine, so expect crazy speed and insane scalability. Plus, there’s a bridge that mints the same BTC amount on Bitcoin Hyper’s L2, all trustlessly.
The presale’s live, and at $0.011825 per $HYPER, it’s almost 9% cheaper than when it hits exchanges. Early buyers are getting a fat discount, plus that wild 463% APY staking reward
And it ain’t just that Bitcoin Hyper pulled in $1.68M in a week. On Tuesday, one whale came in heavy and scooped up around $55K worth of $HYPER in one shot. When you see big plays like that, it’s not just small-time traders—there’s some serious smart money behind this.
To follow whales and join the presale, head to the Bitcoin Hyper website—you can purchase using ETH, USDT, BNB, or even a credit card.
Connect with the Bitcoin Hyper community on Telegram and X.
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Key Takeaways
- Solana’s price is showing bullish potential, with key support at 150-155 USDT,
- The Solana Staking ETF offers exposure and passive income through staking rewards.
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