Solana Price Prediction: SOL Falls as Pepeto Presale Crosses $10.2M

Solana's price fell below $68.23 this week after Goldman Sachs fully sold its SOL ETF holdings, signaling continued institutional retreat. Concurrently, CME Group launched crypto index futures that include SOL, giving regulated traders a new way to gain SOL exposure. Pepeto's presale drew more than $10.2 million, as wallets chase a project led by a former Binance expert ahead of a rumored listing. Token unlocks totaling about 624,666 SOL hit the market around June 7, with another 200,000 SOL planned for mid‑month.

The price now sits near key support around $68, raising the risk of a slide toward $58 if buyers fail to defend the line. Pepeto has shipped a cross‑chain bridge and a risk scorer, attracting attention for usable tools. CME's futures and Solana's Alpenglow upgrade indicate institutions are drawn to regulated access and real product development. Pepeto's presale, offering 170% staking on 420 trillion tokens, underscores demand for projects with tangible utility even as markets fall.