After a bearish month’s loss, analysts suggest that Solanasol cryptocurrency could be set to rebound in the fourth quarter of 2025. Sol maintains several profits on its monthly and annual charts, attracting 3.9% and 43.8% respectively. However, Sol faces a risk of under $200. Can Q4 mark changes?
Canary Capital’s filing is one of the first formal pushes to bring SOL into a regulated investment field. This filing specifically highlights the mechanisms that distinguish products from traditional spot products. At the same time, Grayscale recently launched the Coindesk Crypto 5 ETF, which includes Solana alongside Bitcoin, Ethereum, XRP and Cardano. It is very likely that the SEC will approve at least one Solana (Sol) ETF within this year. If not 2025, financial watchdog could glow green with spotsol ETFs in early 2026.
Solana (Sol) receives some support at a price level of $210. The price of an asset may be integrated around the current level if liquidation slows. For Sol’s prices, additional volatility is a hassle. However, Sol ETF filing may provide a promise. Additionally, Crypto analysts have cited Solana’s structured movements through Wyckoff’s accumulation stage over the past year. In context, the four phases of the Wyckoff cycle of ciphers are accumulation, markup, distribution, and markdown.
The accumulation phase began in March 2024, with Sol Price in the range of around $204 before falling to $125 by July. The markup phase was extended from July 2024 and raised to $293 before a sharp revision by April 2025. The distribution phase continued in April 2025, rising from $95 to $187 in May, and again pulled back in June to test support of nearly $126.
Now in the Markdown phase, Sol was able to start picking up strength. The assets reached $254 this month, followed by a short revision to the current level around $201. However, following this markdown, there is a high possibility that a surge in monsters is possible, sending Sol over $400 and nearly $500, a 157% spike from the current price. According to Concodex, Solana (SOL) won’t fall below $200 anytime soon. The platform predicts that SOL will immerse in around $208 before it recovers. Cincodex analysts expect assets to reach $235.77 on December 3rd of the fourth quarter 2025.