📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
Recently, the Solana ecosystem has witnessed a remarkable development. As the first Solana staking ETF in the United States, SSK attracted $13 million in capital inflow within just 24 hours, and the volume soared to $66 million, setting a historical high. This phenomenon not only reflects the strong interest of investors in regulated products but also injects strong momentum into the price movement of SOL.
Market analysts point out that the large-scale influx of funds may push the SOL price towards the target of $250. At the same time, the breakthrough on the technical front also provides strong support for SOL. Recently, SOL started to rise from a key technical support area, with an increase of 33%. It is worth noting that SOL rebounded from the golden Fibonacci retracement zone, a level that has previously triggered strong rebounds, making investors full of expectations for future price movement.
In the short term, if the inflow of funds into the ETF continues to increase, SOL is expected to rise along the technical support. However, market participants should also closely monitor the flow of funds and changes in the technical aspects to seize potential investment opportunities.
Overall, the Solana ecosystem is currently showing a trend of multiple favorable factors stacking up. From the large inflow of ETF funds to breakthroughs in the technical aspects, all these provide favorable conditions for the future development of SOL. In the coming days, the market performance of SOL will be the focus of attention for investors.
Although the market outlook is promising, investors should remain cautious and thoroughly assess the risks. The cryptocurrency market is highly volatile, and it is recommended that investors conduct thorough research and analysis before making decisions.