• Solana price today trades near $185, defending $181 channel support as ETF optimism builds.
• SEC approval of 21Shares’ Solana Spot ETF fuels institutional demand expectations despite shutdown delays.
• Netflows show selling pressure easing, with analysts eyeing a breakout above $207 toward the $246–$300 range.

Solana price today trades near $185, rebounding from $181 support as buyers defend the rising channel that has guided the uptrend since March. The daily chart shows price holding above the long-term trendline even as the 20-day EMA at $203 continues to cap near-term rallies.

Analysts say the recent SEC approval of the 21Shares Solana Spot ETF could spark the next major leg higher if momentum strengthens above the $207 resistance. With the broader crypto market stabilizing, Solana is again positioned at a key technical and regulatory inflection point.

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