Baluns are crucial in MRI RF coils, essential for minimizing common‐mode currents, maintaining signal‐to‐noise ratio, and ensuring patient safety. This paper introduces the innovative float solenoid balun, based on the renowned solenoid cable trap, and conducts a comparative analysis with the widely used float bazooka balun. Leveraging robust inductive coupling between the cable shield and float resonator, the float solenoid balun offers compact dimensions and post‐installation adjustability. Through electromagnetic simulations and bench testing across static fields (1.5, 3, and 7 T), the float solenoid balun demonstrates superior common‐mode rejection ratios compared to the float bazooka balun. Notably, its float design facilitates easy post‐installation adjustment and eliminates the need for soldering on the cable shield, enhancing usability and reducing risks. Furthermore, the solenoid balun's compact footprint addresses the increasing demand for smaller baluns in modern MRI scanners with denser coil arrays. The float solenoid balun offers a promising solution by conserving valuable space within the RF coil, simplifying practical hardware implementation and cable routing, and accommodating more elements in RF arrays, with great potential for enhancing MRI performance.