Solana nears $300 amid ETF buzz as analysts spotlight MAGACOIN FINANCE for its strong 100x ROI potential.
Solana (SOL) is back trading green above $230, up nearly 9% in the last week. On-chain metrics and bullish derivative data are showing strength of conviction while investors eye the all-time high near $296 and ultimately $300. Institutional optimism surrounding the delayed Solana ETF approval has added to the excitement in the markets.
Amid this movement, MAGACOIN FINANCE has joined analyst watchlists as one of the most promising assets in the market. With its community-driven approach and increasing traction, it holds significant upside potential, making it an attractive alternative for investors looking to diversify beyond major large-cap cryptocurrencies such as Solana.
On-Chain Growth Strengthens Solana’s Price Outlook
According to data from DeFiLlama, Solana’s stablecoin market capitalization recently hit a record of $15.11 billion. The indicator has been steadily increasing since mid-September, suggesting that liquidity is deepening and the network’s utilization is increasing. Solana’s Total Value Locked (TVL) also increased from $10.78 billion on September 28th to $12.69 billion this week, approaching its record high of $13.02 billion.
Rising TVL implies an increasing number of users are depositing or utilizing assets in SOL-based protocols, which is a favorable sign for future price strength. Derivatives data further reinforces this bullish view. CoinGlass reveals Solana’s OI-Weighted Funding Rate turned positive at 0.0052%, indicating that bullish sentiment among traders now exceeds the number of shorts. In the past, such shifts have been followed by strong upward movements for SOL.
The RSI is 57, above our neutral 50, which indicates increasing momentum. Similarly, the MACD displays a bullish crossover, and the bars in the histogram have increased, indicating continuity of the uptrend. Analysts are forecasting that SOL would move towards retesting the $300 region should it be backed by daily support near $230.
Source:X
ETF Momentum Lifts Institutional Sentiment
Investors and institutions have already submitted several Solana ETF proposals, with Bloomberg noting approval is “nearly certain.” Analysts believe SOL could test $300 upon approval, and others are predicting a potential push to $500 before 2026, should conditions remain favorable.
Crypto investor Lark Davis, founder of Wealth Mastery, stated that the spot SOL ETF’s final SEC decision is just days away, and called it a “big week for Solana.” Major players like Grayscale, VanEck, 21Shares, Canary, and Bitwise are competing for approval. In a remarkable development, a number of issuers have adjusted their filings to add staking, where funds can be rewarded for owning tokens for an extended period.
Despite the US government shutdown, Solana ETPs recorded record inflows. CoinShares reported a weekly inflow of $706 million, pushing total assets under management past $5.1 billion. This amount more than doubles the previous record of $311 million in July, representing strong institutional conviction and continued investor interest.
Analysts Highlight MAGACOIN FINANCE for 100x ROI Potential
As Solana’s institutional demand surges, analysts are increasingly focusing on MAGACOIN FINANCE, a project thriving on community-driven economics. Its success shows how collective retail participation can rival traditional capital flows in shaping market growth. MAGACOIN FINANCE’S engaged investor base has amplified its visibility through social activity and organic traction across several platforms.
Experts note that achieving 100x gains usually requires three elements: strong liquidity inflows, consistent trading volume, and a dominant market narrative. Few tokens sustain all three, yet MAGACOIN FINANCE has shown early alignment with these conditions. Its growth pattern mirrors how early narrative-based coins reached exponential valuations through retail momentum and community persistence.
While Solana benefits from regulated pathways like ETFs, MAGACOIN FINANCE represents a retail-powered movement capable of delivering high-impact returns during periods of elevated speculation and investor engagement.
Final Take
Analysts agree that Solana remains well-positioned to reclaim $300 and possibly extend higher if ETF approval arrives. Its improving on-chain data and institutional participation reinforce a long-term bullish case.
Meanwhile, MAGACOIN FINANCE continues to capture attention for its raw community strength and fast-rising momentum. For investors tracking high-upside opportunities, Solana offers structured stability, while MAGACOIN FINANCE stands out as a bold growth story redefining how collective investor energy drives market success.
To learn more about MAGACOIN FINANCE, visit:
Website: https://magacoinfinance.com
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Twitter/X: https://x.com/magacoinfinance
Telegram: https://t.me/magacoinfinance
