- DTCC Listing and CFTC-Regulated Futures Boost Institutional Interest in Solana
- Whale Transactions and Unstaking Events May Drive Short-Term Solana Volatility
- Solana’s RSI Suggests Oversold Conditions, Hinting at a Potential Price Rebound
Solana (SOL) has gained significant attention following the listing of Volatility Shares’ Solana futures ETFs on the Depository Trust & Clearing Corporation (DTCC). While this listing does not imply regulatory approval, it signals growing institutional interest in Solana-based investment products.
This development comes as Coinbase Derivatives introduces CFTC-regulated Solana futures contracts, potentially paving the way for a spot Solana ETF. With increasing institutional participation and fluctuating market activity, analysts are projecting a potential price increase for Solana in March 2025.
The Depository Trust & Clearing Corporation (DTCC) has listed the first Solana futures ETFs, issued by Volatility Shares: SOLZ (Volatility Shares Solana ETF) and SOLT (Volatility Shares 2X Solana ETF). Futures ETFs are a pre-step to spot ETFs.https://t.co/7ds1pW1OHX
— Wu Blockchain (@WuBlockchain) February 27, 2025
Institutional Interest and Market Impact
The DTCC’s addition of Solana ETFs highlights the growing acceptance of Solana-based investment vehicles. Volatility Shares, a firm specializing in ETFs linked to market volatility, initially filed for three Solana futures ETFs.
Two of these have now been listed on the DTCC, and an inverse Solana ETF remains under regulatory review. Institutional investors now have structured access to Solana futures, which could drive greater adoption and influence the asset’s price trajectory.
Moreover, the recent launch of CFTC-regulated Solana futures by Coinbase Derivatives enhances the credibility of Solana’s futures market. This follows speculation about Solana futures trading on the Chicago Mercantile Exchange (CME), though CME officials clarified that no final decisions have been made. Nevertheless, the introduction of these contracts provides a regulated avenue for traders, potentially strengthening market liquidity and price stability.
Recent Market Activity and Price Trends
Solana’s price currently stands at $141.38, reflecting a modest daily increase. However, significant whale activity has been observed, with FalconX depositing over 780,000 SOL into major exchanges like Binance and Coinbase according to Lookonchain data.
FalconX deposited 340,000 $SOL($46.8M) into #Coinbase, #Binance, #OKX, and #Bybit ~30 mins ago.https://t.co/UcWpQCNSU4 pic.twitter.com/DS86fSzYGO
— Lookonchain (@lookonchain) February 27, 2025
Additionally, a large unstaking event involving 1.36 million SOL raises speculation about potential price movements. Such transactions often signal either increased selling pressure or strategic portfolio reallocation by institutional investors.
Technical indicators suggest a mixed outlook. The Relative Strength Index (RSI) is at 29.30, indicating oversold conditions and a possible price rebound. The Moving Average Convergence Divergence (MACD) shows bearish momentum but hints at a potential reversal as selling pressure slows.
March 2025 Price Prediction
Coincodex analysts anticipate Solana’s price could experience a 4.92% increase in March 2025, reaching a potential high of $160.98. The projected low stands at $139.90, with an average price of $147.98.
If Solana maintains support at $141.00, it may test resistance levels at $143.00 and $145.00. A breach above $145.00 could open the path to further gains, while a decline below $138.00 might lead to retesting lower support at $130.00.
