Solana (SOL) is on fire right now. The token has been grinding upward while everyone obsessed over Bitcoin and Ethereum – rising 5% in the past day and hitting a $105 billion market cap.
Talk of a spot SOL ETF is growing louder, and traders who’ve been waiting on the sidelines are starting to gain exposure. But can all this buzz take SOL to $300 for the first time?
Meanwhile, Solana-linked projects like Snorter (SNORT) – which has raised $2.2 million in presale – are positioning themselves to capitalize if SOL goes on another bull run.
SOL Rallies Toward $200 as ETF Hype Builds
SOL is trading at $199, representing a 24% gain in the past seven days. Holders haven’t seen prices like this since mid-February, and the trading volumes help explain why.
More than $14 billion worth of SOL changed hands in the past 24 hours. That’s 83% higher than the day before.
A key catalyst is the growing discussion about a spot SOL ETF, and the odds are looking solid. Polymarket is showing a 99% probability of approval this year, while Bloomberg analysts are at 95%.
Plus, the SEC has told issuers to refile their S-1 forms by July 31. When regulators start pushing deadlines forward, it usually means they’re trying to clear the backlog.
Although the hard deadline for Grayscale’s application isn’t until October, many analysts think we could see a decision much sooner.
That kind of compressed timeline creates the exact FOMO that pushes price higher before the news even drops.
Can SOL Reach $300 Soon? Here’s Why It Might
If a spot ETF does get approved, SOL reaching $300 becomes a real possibility. That would represent a 50% jump from today’s price and would set a new all-time high.
Popular trader Titan of Crypto gave his thoughts on X (Twitter): “Next target: Bearish FVG around $220. Above that? It’s a quick ride to $300+ imo.”
The math supports this when examining historical precedent. Bitcoin’s BITO ETF launch in 2021 sent BTC from around $40,000 to nearly $70,000 in just a few months.
#Solana Breaking Out 🚀$SOL just cleared a key resistance.
🔴 Next target: Bearish FVG around $220.
🔵 Above that? It’s a quick ride to $300+ imo. pic.twitter.com/C5qnzlK22k— Titan of Crypto (@Washigorira) July 21, 2025
But Solana’s setup could be even more explosive because it’s starting from a much lower level of institutional ownership.
Also, the difference between a spot ETF and the staking ETFs that have already been approved is that spot ETFs validate SOL as a core holding – not just a yield play.
That matters when you’re discussing pension funds and family offices seeking exposure to the Solana blockchain.
So, while $300 might seem like an ambitious target right now, ETF-driven institutional flows could make it a reality.
Snorter Capitalizes on Solana’s Momentum as New Trading Bot Project Raises $2.2M
While everyone’s focused on SOL itself, there’s a new project called Snorter that could explode alongside it. Snorter has already raised millions in presale – and trader demand is only getting stronger.
The team is building a trading bot that lives inside Telegram and executes swaps on Solana DEXs in under a second.
Snorter Bot’s main feature is automated token sniping – you feed it a Raydium pool ID, and it’ll hit the buy button the moment liquidity goes live.
Also, the bot has built-in anti-scam protection that caught honeypot tokens 85% of the time during beta testing.
Its tokenomics are clever, too. Hold the native SNORT token and trading fees drop from 1.5% to 0.85%.
There’s also a 184% annual yield on staking, and token holders get to vote on which chains to add next.
Currently, SNORT is only available in presale, but early investors can secure tokens for just $0.0989 each – a discount on the expected DEX listing price.
Crypto analysts, such as The Crypto Mark, expect this price to rise far higher. In a recent video, he even called Snorter the “best crypto trading bot” to launch this year.
If SOL rockets toward $300 on ETF approval, Solana’s user base is going to explode. And all those new traders are going to need exactly the kinds of tools that Snorter provides.
That makes SNORT one to keep an eye on as its presale continues to reach milestones.
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