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Simon Chandler

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Simon Chandler

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Simon Chandler is a Brighton-based writer and journalist with over ten years of experience writing about crypto, technology, politics and culture. He has written for Cryptonews.com since late 2017,…

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Last updated: 

June 17, 2025

The Solana price (SOL) has slipped 3% to $151.69 today, as the crypto market reacts to rising geopolitical tensions amid the escalating Iran-Israel conflict.

While SOL is now down 4% in a week and 11.5% over the past month, institutional appetite for crypto appears to be returning, with $1.9 billion in inflows last week alone — a potential sign of what’s to come.

And with growing speculation around a Solana ETF approval later this year, the long-term Solana price prediction still points to major upside once the dust settles.

Solana Price Prediction: As Wall Street Rotates Into Alts, SOL Could Lead the Next Mega Rally

According to the latest CoinShares Digital Asset Fund Flows report, cryptocurrency funds attracted just over $1.9 billion in net inflows across the week to June 16th.

The vast bulk – $1.3 billion – was for BTC-based funds, with altcoins accounting for the remainder.

Yet with only $1.26 million in inflows, Solana was actually fourth among the alts last week, behind Ethereum ($583 million), XRP ($11.8 million) and Sui ($3.5 million).

Having said that, it still accounts for more in total AUM than any altcoin other than Ethereum, at $1.39 billion (XRP is third with $1.25 billion).

This testifies to its ongoing popularity, and if we look at its chart today we see that it may be nearing a breakout.

Of particular note is its 30-day average (orange), which recently fell below the 200-day (blue), meaning that the coin is close to a bottom.

Its RSI (purple) tells a similar story, having begun rising from a low recorded earlier in the month.

Now is therefore a good time to buy Solana, given that it remains in an oversold position and looks ready to pop.

And fundamentally, Solana is one of the strongest alts in the market, with its network second overall in terms of TVL.

It’s also looking forward to a couple of updates (Alpenglow and Firedancer) later in the year that will only boost its scalability and stability, helping it grow even further.

This will help it continue to attract institutional money, with the possibility of SOL ETFs likely to boost inflows even further.

Given these factors, and given the stable level of institutional interest in SOL, the Solana price is on course to reach $200 again by the middle of July, and $500 by the end of the year.

Solaxy Ready for One of the Biggest Token Launches of the Year: Next 100x Coin?

One of the reasons why Solana is such a bullish token is that it continues to boast a vibrant ecosystem of Solana-based tokens, including meme coins and more serious alts.

Possibly the most interesting addition to its ecosystem is Solaxy (SOLX), a layer-two network that has recently closed its presale, raising an incredible $53.8 million.

Its SOLX token will launch in just under seven days, yet investors still have one last chance to buy it below its list price, with the coin still available via the Solaxy website at $0.001766.

Solaxy has been so successful in raising funds because of its promising fundamentals, with the project about to launch a layer-two network for Solana.

It will provide Solana users with low transaction fees and fast confirmation times, helping them to avoid the delays and dropped transactions that can still impact its parent layer.

On top of this, it will be rolling out its own token launchpad and DEX, with the L2 aiming to become an important hub for trading.

As its native token, SOLX will pay for transaction fees, while holders will also be able to stake it.

As noted above, it will launch in just over six days, with latecomers able to buy some now by going to the Solaxy website.

XRP Price Still On Track For Mega Candle

Crypto analyst Egrag Crypto has been very vocal on X (formerly Twitter) about the bullishness of XRP. The analyst has become known for calling the XRP price increase for months before the impressive 2024 rally. Even as that rally has cooled off and the altcoin is now struggling at support, the crypto analyst has not deviated. Rather, he continues to call out that the cryptocurrency is still quite bullish, which he expects to hit double-digits at some point.

In a recent post, the crypto analyst explained that the XRP price is still on track to move upward. In what he calls the ‘blue ocean’, Egrag Crypto points out that investors are now “swimming with sharks”. In this case, XRP is being gobbled up at a rapid pace, which could set it on a path to see rapid recoveries.

With the positive sentiment rising, the crypto analyst sees the XRP price exploding soon. He explains that a mega green candle is on the way, and this could drive the price finally above double-digits. In this blue ocean, Egrag Crypto sets three price targets. The first is $9.5, and then moving further into $17. Last but not least is the $27 target, something that the crypto analyst has continuously predicted for over a year now.

Currently, the XRP price is still trading just above the $2 support, so this means that it has a long way to go before it hits the analyst’s targets. The expectation of XRP ETFs being launched has also been put forward by many in the community as a potential factor that could trigger a rise in the XRP price.

Previously, there had been rumors that the ProShares XRP ETFs would launch on April 30. However, Bloomberg’s ETF expert James Seyffart has said that there are no plans to launch on this date, and there is no specified date yet. Nevertheless, the fund is expected to launch its XRP ETFs in the short to medium term, and this is expected to be a catalyst for an XRP price increase.

The CEO of the largest asset manager on Earth says that despite the current market volatility and uncertainty, the “mega trends” driving the financial world are still intact.

In a new discussion on CNBC, BlackRock CEO Larry Fink says that the big trends like artificial intelligence (AI), data centers and other cutting edge technology plays are still valid.

However, Fink says that some of those plays may be delayed or changed slightly due to President Trump’s tariffs and the likelihood of a recession.

“I do believe that the mega trends are still with us, whether it’s AI, data centers, infrastructure, the whole reorientation of our economy. So I think the mega force trends are not going to change by what has happened. But maybe the execution of some of these trends may be delayed or may be pushed out longer, but I still remain to be optimistic over the long run. Yes, we have to recalibrate, [and] I do believe we’re probably starting, or if not, in a recession. 

Yes, I think the market is still underestimating how high inflation can get, as you factor in all the tariffs, you factor in all these other issues, it’s going to be quite additive. I read in a report that if you just take the tariffs in the cost of home building, the average new home could be up as much as 26%. We already have a housing affordability problem… 

This is not a pandemic, this is not a financial crisis, this is something that we’ve created… The United States in post-World War II was a global stabilizer. We are 1744541696 the global destabilizer.”

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Update (Sep 1, 2024): Several educators have asked to be able to order after the school year has started. To accommodate their request, Kitely decided to extended the offer until September 15. Only 10 more people will be able to take advantage of this deal, and there will be no more extensions after this.

For a limited time, Kitely‘s “Mega Worlds” region packages are on sale again, for $90 a month, the company announced today.

A “Mega World” is a variable size region the size of 64 standard region that can hold up to 150,000 prims. That works out to about $1.40 per standard region per month.

They also get their own dedicated servers.

The downside? They’re only available for the first 25 customers who order.

The deal comes shortly after Kitely’s recent performance upgrades that sped up world startup times. And, in May, Kitely rolled out an upgrade that doubled region performance.

Normally, the Mega Worlds cost $120 a month, and the last time the Mega Worlds were on sale was four years ago.

Most OpenSim grids and hosting providers cram a lot of variable-sized regions into each server and run multiple variable-sized regions on each OpenSim instance in order to keep their operational costs manageable and their prices affordable, said Kitely CEO Ilan Tocher.

“This can be problematic because if your region shares server resources with many other regions then it may run slowly due to what happens in those other regions,” he told Hypergrid Business.

Kitely uses a different strategy and instead of placing a lot of variable-sized regions — which it calls “worlds” — on each server it automatically starts worlds when they are entered and shuts them down when they become empty.

This enables Kitely to run each world on its own OpenSim instance and place no more than four such worlds on each server. By doing this Kitely provides each actively used world a lot more server resources than what other OpenSim grids provide, thus giving its customers a better inworld experience while keeping its prices competitive.

What is unique about Mega Worlds is that Mega Worlds don’t share their server. A Mega World is guaranteed to always get a full server of its own when its active, so it can fully use all of the server’s resources without being impacted by other people’s worlds. This means that Mega Worlds can run bigger worlds, with more scripts and more visitors, than other worlds.

You can read more about Kitely Mega Worlds and its limited-time promotion here.

For examples of publicly-accessible Mega Worlds, check out Coopersville, Signature Safety LLC, and the International Spaceflight Museum.

Coopersville hypergrid address: grid.kitely.com:8002:Coopersville

Signature Safety LLC hypergrid address: grid.kitely.com:8002:Signature Safety LLC

International Spaceflight Museum hypergrid address: grid.kitely.com:8002:ISMuseum

Kitely, which opened to the public in March 2011, is one of the longest-running and most innovative OpenSim grids. With its unique on-demand region system and the popular Kitely Market, the grid is a significant player in the virtual world ecosystem.

Hypergrid Business editor and publisher Maria Korolov is a science fiction novelist. During the day, Maria Korolov is an award-winning freelance technology journalist who covers artificial intelligence, cybersecurity and enterprise virtual reality. See her Amazon author page here and follow her on Twitter, Facebook, or LinkedIn, and check out her latest videos on the Maria Korolov YouTube channel. Email her at maria@hypergridbusiness.com. Her first virtual world novella, Krim Times, made the Amazon best-seller list in its category. Her second novella, The Lost King of Krim, is out now. She is also the publisher of MetaStellar, a new online magazine of speculative fiction.

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