• The SEC has slowed the Grayscale Solana ETF resolution, highlighting rising regulatory tensions.
• Solana holds key assist at $183.94 regardless of ETF-driven volatility and retracement.
• MACD suggests weak point, however a rise in RSI means that underlying buying power is sustained.

The Securities and Trade Fee (SEC) has prolonged the overview interval for the Solana Belief ETF proposed by Grayscale, and has set a brand new resolution deadline of October 10, 2025. Funds listed on NYSEARCA are taking nice curiosity as demand for spot crypto ETFs continues to rise sharply.

This delay is a procedural delay, but it surely attracts consideration to rising debate over the readability of rules within the digital asset sector. The committee’s option to delay displays a rise in scrutiny utilized to crypto-related funding autos, highlighting the rising pressure between innovation and surveillance in monetary markets.

Sol Value responds to ETF uncertainty

Solana (Sol), a local token underneath Grayscale’s proposal, has seen notable pricing actions over the previous 24 hours. The present worth is $186.19, reflecting a each day 3.15% drop. This medium drop adopted the earlier bullish push, with costs reaching a excessive of round $191 earlier than they retreated.

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Digital property discovered sturdy assist on the $183.94 degree. That is the principle worth vary noticed all through the day. After a low soak of $181.50, purchaser curiosity rekindled momentum and rebounded tokens to $185.90. This rebound suggests potential short-term power, however market members stay cautious.

Key resistance ranges between $188 and $190. Persistent actions above this vary can rekindle bullish feelings. Conversely, a drop beneath $183 assist may point out a short-term up to date adverse aspect danger.

SOL’s technical indicators present combined indicators

Regardless of the worth hikes, technical indicators provide a wide range of outlooks. The MACD line presently at 8.28 is beneath the 8.68 sign line. This crossover exhibits a gentle bear section. Nonetheless, histogram values of -0.39 and total constructive MACD values mirror the underlying bull strain.

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Moreover, the relative power index (RSI) is 58.82. It is beneath the overbuying threshold, but it surely continues to rise and exhibits reasonable buy power. The current peak RSI of 66.83 reinforces the truth that property haven’t but been overexpanded.