The Solana ecosystem has recently shown multiple positive signals, injecting new momentum into its development.

First, the Solana Foundation has reached a strategic cooperation with the government of Kazakhstan to establish a Solana economic zone in the country. This initiative has not only received policy support but has also attracted important ecological projects such as AIX, Jupiter, and Intebix to participate, which is expected to promote the practical application and market expansion of Web3 technology in the Central Asian region.

From a technical perspective, the SOL price has stopped falling and rebounded at the key level of $125, and has now broken through $130. Volume analysis shows that trading volume shrank during the decline, while it has increased moderately during the rebound, indicating that selling pressure is weakening. Meanwhile, Grayscale's SOL trust holdings have increased by 12% recently, suggesting that institutional investors are gradually increasing their allocations.

The market expects that the approval window for SOL spot ETFs will arrive in July and August. Historical experience shows that in the three months prior to the approval of Bitcoin and Ethereum ETFs, the average increase for related ecosystem tokens was 45%. This expectation brings new investment opportunities for the Solana ecosystem.

In the Solana ecosystem, there are several areas worth paying attention to:

1. DEX Field: Jupiter (JUP) has become the main trading platform, with a daily trading volume exceeding $120 million.
2. Inscription Protocol: JTO, as the first inscription token on Solana, has exceeded 50,000 holding addresses.
3. Algorithmic Stablecoins: The total locked value (TVL) of Raydium (RAY) has rebounded to 80 million USD, and liquidity has significantly improved.

For investment strategies, consider gradually building a position in the SOL price range of $125-120, with a stop-loss set at $118. In terms of ecosystem tokens, pay attention to JTO breaking above $0.8 and JUP stabilizing above $0.45 for breakout signals, as there may be about a 30% upside potential in the short term.

However, it is important to note that there is still uncertainty regarding ETF approvals. It is recommended to keep related investments within 15% of total funds to manage risk. With the continuous development of the Solana ecosystem and the increasing market attention, its future trends are worth keeping an eye on.