Solana Price Eyes $177! Will SOL Break Out or Crash Below $113?

Will Grayscale’s ETF and PayPal’s Adoption Fuel an SOL Beyond $177?

As U. S. regulatory bodies start to respond with digital innovation, Solana (SOL) is at the top of many institutional and retail mindlines now. Grayscale just registered with the U. S. Securities and Exchange Commission (SEC) to launch a Solana Trust ETF listed on the New York Stock Exchange (NYSE) under the ticker GSOL. is going to be a defining moment for the altcoin.

Along with that, PayPal’s move into Solana and Chainlink demonstrates greater confidence in the Web3 and DeFi ecosystem.

With this news outwards, investors are wondering whether the coin is ready for a parabolic breakout or if macro fears block its resumption. We’ll look at the latest fundamentals and technical outlook to see what Solana’s price will achieve next.

Grayscale’s SOL ETF and PayPal Listing: Institutional Confidence Soars

In its April 4 S-1 filing, Grayscale’s intent to list its Solana Trust ETF mirrors its long-standing success with other single-asset crypto funds like GBTC and ETHE. A Solana ETF on NYSE could usher in institutional flows, offering regulated access to spot SOL — a first of its kind for U.S. investors.

Now, to add ice to the flaming brig, PayPal has officially integrated Solana and Chainlink into its crypto portfolio, allowing millions of PayPal users to buy, sell, and hold these assets directly. The move not only promotes the adoption of it but also proves the altcoin's credibility among the big financial players.

Real-World Asset (RWA) Growth on Solana

As per DefiLlama, the tokenization of real-world assets (RWAs) is the trend that defines the Solana blockchain. Based on on-chain statistics, the token has more than $6.65 billion in TVL and more than $8 billion in newly created stablecoins — a testament to increasing demand for low-cost, high-speed DeFi applications.

These numbers represent a larger institutional shift towards scalable, Ethereum-alternative ecosystems. As the world's financial markets contend with macroeconomic uncertainty and U.S.-China trade tensions, blockchain-based assets such as SOL are becoming digital hedges.

Technical Analysis: $113 Holds the Key to the Next SOL Price Move

Technically, SOL has established a good support zone at $113, creating a double-bottom reversal pattern on the daily chart. The increasing divergence on the Relative Strength Index (RSI) also further supports bearish momentum.

If Bitcoin (BTC) bounces back and surges above $85,000, Solana will likely replicate the upside, soaring past $177 in the short term. But if SOL drops below $113 daily, the market may see a bear wave sweep the price below $100 in weeks to come.

Source-TradingView

Market Sentiment: Bullish Tailwinds from Macro and Regulatory Trends

The overall crypto market sentiment continues to be cautiously optimistic as America moves into the new era of regulatory certainty during President Donald Trump's second term. Institutional quality products such as ETFs and tokenization systems are accelerating the adoption process.

Additionally, SOL's 24-hour traded volume increased by 16.46 to $4.36 billion, reflecting more speculative and long-term interest. With altcoins performing better than traditional assets, the altcoin continues to be one of the leading contenders for diversification in 2025 portfolios.

SOL Price Prediction: April–May 2025 Forecast

• Bullish Scenario: A breakout above $113 with ETF flows and PayPal adoption support could propel the coin to $177–$195 in the near term.

• Bearish Scenario: If unable to hold $113, it could correct, and the price could move back into the $98–$105 range.

• Mid-Term Outlook: With momentum sustained and macro conditions improving, the altcoin may test $220–$250 by mid-2025.

Is SOL the Next Institutional Blue Chip?

The token ecosystem continues to mature with real-world use cases, institutional endorsements, and strong community support. The combination of regulatory breakthroughs and technical strength makes the crypto asset worth watching closely.

With Grayscale's ETF and PayPal's integration as catalysts, the token will soon be at par with Bitcoin and Ethereum as a fundamental holding in institutional portfolios.