#Solana SOL Price News Today 7-1-2026 - SOL Elliott Wave Price Technical Analysis, Price Update. Video by More #Crypto Online.
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Solana (SOL) is trading at approximately $137.88 USD (around €116.04 EUR) as of late afternoon on January 7, 2026. The price is down slightly for the day, with a 24-hour change of around -1.08%.
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Recent Trends and News
-Morgan Stanley ETF Filing: A significant news driver is that Morgan Stanley has filed paperwork for a spot Bitcoin ETF and a spot Solana Trust, the latter of which would allocate a portion to be staked. This marks the firm's first move into popular crypto funds and indicates growing institutional interest in Solana.
-Market Sentiment: Analysts note that while there are short-term fluctuations and some mixed technical signals, broader market sentiment for Solana in 2026 is cautiously bullish.
-Technical Levels: The price has rebounded from key support levels around $117-$124 and is currently testing resistance in the $140-$150 range. A sustained break above this resistance could signal further upward momentum.
-Price Prediction: Experts have a positive outlook for 2026, with some predicting Solana could reach or exceed $200 by the end of the year, driven by ecosystem growth and potential regulatory approvals like a US spot ETF.
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