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Cryptocurrencies Price Prediction: Solana, Bitcoin & SUI – European Wrap 19 June

Solana Price Forecast: SOL extends correction despite ETF inflows, RWA adoption

Solana (SOL) price edges below $70 at press time on Friday, extending its losses for the fourth straight day this week. The institutional demand for Solana is building, with steady inflows so far this week and Morgan Stanley’s amended S-1 filing for a Solana-focused Exchange-Traded Fund (ETF). Retail user interest is also building, with a base of over 285,000 holders in the Solana ecosystem, fueled by the tokenized SpaceX IPO.

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Bitcoin remains under pressure despite short-term recovery

Bitcoin is coming down very nicely in 2026. We can see a pretty strong and extended decline over the last month or so, especially since price also broke through the corrective channel support near 71k, which confirmed that the recovery from the February lows unfolded as a counter trend movement and in three waves. We can see that price already retested the lows of the year before the current rebound appeared, which now still looks like it can be a wave four rally as part of an ongoing and incomplete impulsive decline. We see broken channel support now, so this weakness can send prices even lower into wave five, closer to 55k, maybe even 50k, which could be a very important support level for Bitcoin this year.

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Sui Price Forecast: SUI risks a deeper bearish leg despite on-chain resilience

Sui (SUI) price continues to lose its ground for the fourth straight day, inching closer to $0.7000 at press time on Friday. On-chain data reveals network resilience with Total Value Locked (TVL) stabilizing around 600 million SUI, while the derivatives traders lean bearish as Open Interest rises amid falling volume and funding rates.

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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