Solana Price Prediction: SOL Wins Top-Five S&P Pantera Spot as Price Targets $85

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Solana was added to the top five of the S&P Pantera Digital Asset Index on protocol revenue alongside ETH and BNB, signaling institutional adoption, while SOL spot ETFs recorded a $1.27M outflow on July 22 but still hold $1.14B in cumulative inflows across eight products and the Senate released a CLARITY Act draft on July 22 keeping regulatory clarity on the near-term calendar. SOL trades at $77.04 on July 23, down 1.17%, consolidating between the 0.382 and 0.5 Fibonacci levels with the descending trendline intact, indicating stalled momentum despite positive adoption and funding signals for crypto and DeFi markets.
- Solana secured a top-five position in the S&P Pantera Digital Asset Index, selected on protocol revenue alongside ETH and BNB
- SOL spot ETFs logged a $1.27M daily outflow on July 22 despite cumulative inflows holding at $1.14B across all eight products
- Senate Republicans released a full CLARITY Act draft on July 22, with Democrats pushing back on ethics provisions before offering bipartisan support
Solana trades at $77.04 on July 23, down 1.17%, consolidating between the 0.382 and 0.5 Fibonacci levels after its July recovery stalled below the descending trendline. The S&P Pantera index inclusion confirms Solana’s protocol revenue credentials at the institutional level, while the CLARITY Act’s latest draft keeps regulatory clarity on the near-term calendar.
SOL Is Holding The 0.382 Fibonacci But The Descending Trendline Has Not Broken

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