Hong Kong has approved the first spot ETF on Solana (SOL) — trading starts on October 27!
Now institutions will be able to invest in $SOL without directly purchasing tokens.
💡 Why this is important
💰 ETF = influx of large capital
⚡️ Solana is becoming 'official' in the eyes of global funds
🌐 This is a step towards integrating crypto into traditional finance
What awaits SOL
Immediately after the news, the price rose to $185, and analysts expect a test of the $200 level.
If it breaks through — the way is open to $230–$300.
But if the market cools down — a pullback to $175–$160 is possible.
🧠 What does this mean for traders
✅ Increased liquidity and stability
✅ Possible AI products and new features from projects on Solana
⚠️ Be careful with phishing and 'rug pull' projects — hype always attracts scammers
🎯 Summary
ETF on $SOL — not just news, it's an official recognition of the project's level.
Crypto is becoming part of 'big money' — and Solana is now in the front ranks.