Solana (SOL) May 13 Prediction: ETF Hopes Point Towards $200 Test

FTX and a major whale unstake over $50M in SOL, but continue holding large reserves. Meme coin boom doubles Solana ecosystem value, driving speculative interest. ETF anticipation and bullish technicals point to $190–$200 as the next key levels. Solana (SOL) showed impressive market strength, trading around the $177 mark on May 12, its highest price level since early March, fueled by a confluence of whale movement, broader market optimism, and bullish technical indicators. This strong price performance, fueled by substantial whale movements, broad market optimism, a meme coin explosion, and upcoming spot ETF decisions, now sets the stage for its price path on May 13. Whale Activity, Holdings Steer SOL’s Short-Term Outlook On-chain data reveals notable moves from large Solana holders, a factor likely influencing May 13 sentiment based on recent trading. FTX/Alameda’s staking address recently unstaked 187,625 SOL valued at $32.24 million, yet still retains a massive 5.2 million SOL ($913.5 million) in staking. 8 hours ago, the #FTX / #Alameda staking address unstaked 187,625 $SOL worth $32.24M. The wallet still has 5,203,577 $SOL , worth $913.54M,… The post Solana (SOL) May 13 Prediction: ETF Hopes Point Towards $200 Test appeared first on Coin Edition .

Source: Coin Edition