CME Group switched on its Nasdaq crypto index futures on June 10, handing institutions a fresh regulated way to trade SOL, according to CoinMarketCap. Then GoldmanCME Group switched on its Nasdaq crypto index futures on June 10, handing institutions a fresh regulated way to trade SOL, according to CoinMarketCap. Then Goldman

Solana Price Drops to $71 as Goldman Exits Its SOL ETF While Buyers Rush Into Pepeto Before Its Binance Listing

2026/06/16 16:00
5 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

CME Group switched on its Nasdaq crypto index futures on June 10, handing institutions a fresh regulated way to trade SOL, according to CoinMarketCap. Then Goldman Sachs dumped its entire Solana ETF position, dragging the Solana price down to $64 before a bounce back to $71. One door opens, another slams shut, and SOL gets yanked both ways at once. Meanwhile Pepeto, a meme coin trading hub from a former Binance expert, has locked in more than $10.27 million before an expected Binance listing.

Goldman Sachs Sells Out of SOL as CME Futures Go Live

Goldman cut every share of its Solana ETF exposure in early June, right as the Fear and Greed Index cratered to 12. That exit piled onto Pump.fun dumping over 100,000 SOL worth roughly $8.5 million near $84.50, according to CoinDCX. The Solana price slid from $81 to $64 in days before the SpaceX IPO cleared the overhang and lifted it to $71. Three hits at once, and the bounce only clawed back half. The next move rides on whether new money shows up faster than old money leaves. For now the Solana price is stuck reacting to headlines it cannot control, swinging on every institutional move instead of leading one.

The Tokens Offering a Different Path From the Solana Price This June

Pepeto

Crypto punishes hesitation harder than anything, and every cycle that minted real winners told the same story: the wallets that bought during fear collected what the wallets that waited later paid for. Pepeto is built for this exact moment because the former Binance expert behind it finished every product before the presale even opened, so holders trade and bridge from day one instead of staring at a roadmap with dates that keep slipping. That is why the energy around this presale keeps rising, because while SOL fights to hold support, Pepeto buyers are stacking a position that already does something.

Solana price Pepeto Binance Listing

That finished product is exactly why more than $10.27 million has poured into the presale while the Solana price kept sliding. A cross chain bridge moves assets between networks at zero cost, so capital never gets trapped on the wrong chain, and a risk scorer reads every contract before a dollar enters. The numbers hit fast and hard. A price of $0.0000001876. A SolidProof audit on the contract. A 420 trillion supply built for scale. A 170% APY staking engine that pulls coins out of circulation and grows every wallet by the day. That is not a wish list. Every one of those tools is live before a single exchange has even opened trading.

That is why Pepeto keeps filling while SOL fights for support. The expected Binance listing turns every presale entry into a live position the second trading opens, and the seat that is cheap today disappears the moment that candle prints. The Solana price needs a macro recovery. Pepeto needs one listing. The capital flowing in already knows which is closer. Every day SOL waits on the macro, another slice of the presale quietly sells out, and the cheapest seat it offers slips further away.

Solana Price Prediction

SOL trades near $71 after bouncing off $64 support, still roughly 76 percent below its all time high of $293.31. Changelly pencils in a $66.82 floor and a $79.23 ceiling for June 2026, with the wider 2026 view stretching to $100.04 at the top. A golden cross formed in late May as the 50 day moving average crossed the 200 day, though a soft RSI still drags on the short term. Even a run from $71 to $100 is roughly 40 percent over months, and only if the macro turns. That is the slow lane.

Conclusion

SOL needed Goldman, CME futures, and a SpaceX IPO just to crawl from $64 back to $71 while the market stayed locked in fear. Pepeto needs one expected Binance listing and a trading hub that already works, which is why more than $10.27 million landed in the presale while the Solana price kept falling. Every cycle ends the same way. The wallets that moved during fear cashed the recovery, and the wallets that waited only read about it. The listing is the line between the positions that get filled and the ones that never will. That line is open right now, and it closes for good once the candle prints.

Lock in your Pepeto presale entry at pepetocoin.com before the expected Binance listing.

Solana price Pepeto Binance Listing

FAQs

Why did the Solana price drop in June?

Because Goldman Sachs exited its SOL ETF and Pump.fun dumped over 100,000 SOL during extreme fear.

What makes the Pepeto presale different from SOL?

The Pepeto presale offers a working trading hub at $0.0000001876 before an expected Binance listing.

Can SOL reach $100 in 2026?

Yes, Changelly targets a high near $100, but that climb takes months from $71.

Market Opportunity
Solana Logo
Solana Price(SOL)
$73.97
$73.97$73.97
-1.70%
USD
Solana (SOL) Live Price Chart

World Cup Combo: Aim for 200x

World Cup Combo: Aim for 200xWorld Cup Combo: Aim for 200x

Combine up to 20 World Cup matches in one order

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Synopsys (SNPS) Stock Climbs on Murata Simulation Model Partnership

Synopsys (SNPS) Stock Climbs on Murata Simulation Model Partnership

Synopsys (SNPS) stock rises as Murata Manufacturing expands access to HFSS and Icepak simulation models for faster electromagnetic and thermal analysis. The post
Share
Blockonomi2026/06/16 19:46
Hyperscale Data (GPUS) Stock Retreats After 77% Rally on Massive AI Data Center Agreement

Hyperscale Data (GPUS) Stock Retreats After 77% Rally on Massive AI Data Center Agreement

Hyperscale Data (GPUS) stock retreats 7% after Monday's 77% surge. Company negotiating 20MW AI deal in Michigan valued over $1B, planning Bitcoin exit. The post
Share
Blockonomi2026/06/16 20:35
Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

The post Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC appeared on BitcoinEthereumNews.com. Franklin Templeton CEO Jenny Johnson has weighed in on whether the Federal Reserve should make a 25 basis points (bps) Fed rate cut or 50 bps cut. This comes ahead of the Fed decision today at today’s FOMC meeting, with the market pricing in a 25 bps cut. Bitcoin and the broader crypto market are currently trading flat ahead of the rate cut decision. Franklin Templeton CEO Weighs In On Potential FOMC Decision In a CNBC interview, Jenny Johnson said that she expects the Fed to make a 25 bps cut today instead of a 50 bps cut. She acknowledged the jobs data, which suggested that the labor market is weakening. However, she noted that this data is backward-looking, indicating that it doesn’t show the current state of the economy. She alluded to the wage growth, which she remarked is an indication of a robust labor market. She added that retail sales are up and that consumers are still spending, despite inflation being sticky at 3%, which makes a case for why the FOMC should opt against a 50-basis-point Fed rate cut. In line with this, the Franklin Templeton CEO said that she would go with a 25 bps rate cut if she were Jerome Powell. She remarked that the Fed still has the October and December FOMC meetings to make further cuts if the incoming data warrants it. Johnson also asserted that the data show a robust economy. However, she noted that there can’t be an argument for no Fed rate cut since Powell already signaled at Jackson Hole that they were likely to lower interest rates at this meeting due to concerns over a weakening labor market. Notably, her comment comes as experts argue for both sides on why the Fed should make a 25 bps cut or…
Share
BitcoinEthereumNews2025/09/18 00:36

Score Your Share of 50K USDT

Score Your Share of 50K USDTScore Your Share of 50K USDT

Complete DEX+ tasks to unlock the Champion Wheel