Can Solana (SOL) experience a big pump by the end of June? Three major catalysts ignite the rebound market, and the key resistance level is exposed.

According to Gate, despite SOL's cumulative fall of 10% in June (currently at $141.32, with a 24-hour decline of 1.3%), the surge in Spot ETF applications, DEX trading volume crushing Ethereum, and the U.S. government's adoption of three major factors may drive Solana to a strong rebound before the end of June.

1. Spot SOL ETF ignites institutional entry expectations

The leading U.S. asset management company Invesco Galaxy has recently submitted an application for a SOL Spot ETF, forming an institutional landing matrix with VanEck, BitWise, and 21Shares. The market is extremely optimistic about the approval expectations:

• ✅ Polymarket prediction platform shows a probability of 91% before the end of the year.
• ✅ 46% of traders bet on approval in July

2. DEX volume crushes Ethereum! Ecological demand surges

DeFiLlama On-chain data reveals key trends:

1. Solana DEX 30-day volume: $64 billion
2. Beyond Ethereum: Exceeding $3 billion (Ethereum at the same time $61 billion)
3. Full Chain Ranking: Steadily ranked second 🔥 Core Conclusion: Even if the popularity of MEME coins fades, real ecological demand still supports the value base of SOL

3. The U.S. Government Adopts the Public Chain Revolution

The official announcement from the state of Wyoming, USA:

• 🚀 Choose the Solana and Aptos dual-chain architecture to issue the state stablecoin WYST.
• 💡 The first blockchain fiat currency project backed by national sovereign credit.

Policy Significance: Government-level adoption eliminates regulatory uncertainty, providing a strong boost for institutional funds.

4. Technical Analysis: Three Key Resistance Levels Determine the Surge Potential

Current price $140 needs to break through the following levels:

Bullish Target Trajectory

$152 → $159 → $187 → $200

5. Risk Warning: RSI Indicator Issues Divergence Signal

⚠️ Relative Strength Index (RSI) currently reported at 43:

• In a neutral bearish range, buying momentum is insufficient.
• If the three major benefits cannot drive the volume to break through, it may test the $130 support in the short term.

Disclaimer: This article does not constitute investment advice. Cryptocurrency is highly volatile, please make decisions cautiously.