Solana Price Rebounds as Market Eyes Q4 Rally
Analysts say that Solana (SOL) will have a big year-end rally since more institutions are using it and the network metrics are becoming better. This is why investors are still interested in it. Solana is currently trading close to $191, which is 11% lower than its monthly high. However, some in the market see this as a healthy cooling rather than a reversal.
Traders are now paying attention to whether Solana can go back on track above important resistance levels. Analysts say that the next few weeks will show if SOL can keep going up and reach the $210 level that everyone is looking forward to before 2026 starts.
ETF Approval Sparks Renewed Optimism Among Investors
The approval of Hong Kong’s first Solana spot exchange-traded fund (ETF) is a big reason why Solana’s price is going up. The milestone has sparked new interest in Solana throughout the world, and ETF-related inflows are likely to make the market more liquid and stable.
CryptoCurb data shows that Solana is currently the most popular cryptocurrency for ETF applications since 2024, beating other competitors like Cardano and Avalanche. Analysts think that if SOL goes over $195, it might confirm a technical breakout with objectives between $200 and $210, which fits with its overall story of recovery in Q4.
Technical Outlook Points Toward a Bullish Setup
Solana is trading in a triangular pattern that is getting smaller, which means that a breakout in one way is coming soon. Support is still strong in the $178–$180 region, while resistance at $195 marks the top of the present structure.
James, an independent analyst, says that if SOL breaks beyond $195 with volume confirmation, it might go up to $210 or perhaps $220. But if it doesn’t hold $178, it can drop to $170 for a short time before going up again.
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Solana’s Network Growth Challenges Ethereum’s Dominance
In addition to price changes, Solana’s fundamentals are getting stronger as it catches up to Ethereum in terms of network activity and developer participation. Solana made over $2.85 billion in income in the last year, which is more than 50 times what Ethereum made at a similar level of development.
Ethereum still has the most total value locked (TVL), but Solana’s propensity to grow and low transaction costs are drawing in both regular users and institutional developers. If present trends continue until 2026, analysts think this combination might make Solana the most utilized Layer-1 network.
Solana Network Activity Slows But Fundamentals Remain Strong for ETFs
Solana is a great solution for decentralized apps and high-frequency traders since it has a lot of throughput and almost no transaction fees. Institutions that come in through ETF channels are likely to choose networks that are efficient and composable, which are two of Solana’s main features.
But new data suggests that Solana’s network activity has dropped by about 50%, which makes people cautious for the time being. Analysts say that the delay is due to market rotation rather than fundamental problems. They point out that network participation tends to bounce back shortly after ETF debuts.
Remittix Emerges as a Complementary Market Trend
Like Solana’s institutional story, the PayFi project Remittix (RTX) is also becoming popular with investors who want to use blockchain in the real world. The project has made more than $27.6 million, sold 680 million tokens, and passed a CertiK audit, which makes it more trustworthy.
Remittix’s live beta wallet lets you send money across 30 countries instantly and has a 15% USDT referral scheme that pays users right away. Analysts consider this as a sign that the market is moving away from speculation and toward actual use. This trend might help Solana’s network-based growth.
Solana Eyes $210–$220 Breakout as ETF Demand and Fundamentals Strengthen
As we go into the fourth quarter, Solana’s bullish setup is still in place, thanks to demand from ETFs, strong on-chain fundamentals, and a tighter technical structure. If SOL breaks over $195 in a clear way, experts think it will quickly advance into the $210–$220 zone. If momentum picks up, it might even reach new annual highs.
It is still unclear if Solana can overtake Ethereum as the most popular network, but its fast ecosystem expansion and participation in global ETFs make it one of the best competitors for 2025. Investors are keeping a close eye on Solana since its next spike might set the tone for the next crypto cycle.
