Solana (SOL) May 13 Prediction: ETF Hopes Point Towards $200 Test

• FTX and a major whale unstake over $50M in SOL, but continue holding large reserves.
• Meme coin boom doubles Solana ecosystem value, driving speculative interest.
• ETF anticipation and bullish technicals point to $190–$200 as the next key levels.

Solana (SOL) showed impressive market strength, trading around the $177 mark on May 12, its highest price level since early March, fueled by a confluence of whale movement, broader market optimism, and bullish technical indicators. 

This strong price performance, fueled by substantial whale movements, broad market optimism, a meme coin explosion, and upcoming spot ETF decisions, now sets the stage for its price path on May 13.

Whale Activity, Holdings Steer SOL’s Short-Term Outlook

On-chain data reveals notable moves from large Solana holders, a factor likely influencing May 13 sentiment based on recent trading. 

FTX/Alameda’s staking address recently unstaked 187,625 SOL valued at $32.24 million, yet still retains a massive 5.2 million SOL ($913.5 million) in staking.

8 hours ago, the #FTX/#Alameda staking address unstaked 187,625 $SOL worth $32.24M.

The wallet still has 5,203,577 $SOL, worth $913.54M,…

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