Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

Solana Eyes Breakout as Cathie Wood's ARK Invest Boosts ETF Exposure

Guavy AI Editorial Team
Instruments
SOL
Share

Solana's price is testing resistance at $76 after Cathie Wood's ARK Invest increased its exposure to the 3iQ Solana Staking ETF.

The firm added 7,115 shares on August 17, but demand for Solana exchange-traded funds has weakened since then with no new inflows since August 12.

However, Solana's price rose about 0.98% to $76 as trading volume increased 25% to roughly $1.38 billion.

CoinGape market analyst Muthoni Mary identified a cup-and-handle pattern on the daily chart with $83 as a potential breakout target if Solana closes above $76.

More on Crypto

Crypto 1m ago

Russia Imposes 25% Crypto Cap on Market Professionals' Accounts

Crypto 1m ago

EU Sanctions Force NoOnes to Shut Down Peer-to-Peer Trading Platform

Crypto 2m ago

FASB Proposes Clearer Crypto Guidance for Financial Reports

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy