BitUnix analyst: Canada launches Solana spot ETF, SOL focuses on $122 support and $149 pressure

BlockBeats news, on April 16th, Canadian asset management company launched four Solana (SOL) spot ETFs on the Toronto Stock Exchange (TSX), marking the birth of North America's first Solana exchange traded product (ETP) to offer staking functionality. These ETFs not only track the USD price of SOL, but also allow investors to obtain an annualized return of 6% to 8% through staking, providing a new option for investors seeking passive income. BitUnix analysts suggest: The launch of Solana spot ETF may have a positive impact on SOL's market performance. At present, the price of SOL has fallen by about 33.21% in the past 2025. It is recommended to closely monitor the market acceptance and capital inflow of ETFs. In addition, attention should be paid to whether the SOL price can stabilize above $122 and observe whether there are signs of breaking through $149.74. Before investing, it is recommended to conduct sufficient risk control and consider one's own investment goals and risk tolerance.