SOL Token Dips 2% Despite 76% ETF Approval Odds and $4.8B Trading Volume Surge

Solana (SOL) experienced a 2.06% price decline over the last 24 hours, with the current price at $148.13 (Binance), opening at $151.25. This pullback follows recent bullish sentiment driven by a surge in Solana ETF approval odds to 76% and increased institutional interest, including ETF proposals from major asset managers and significant reserve acquisitions by listed companies. Despite these positive developments, the price correction reflects broader market volatility and profit-taking after recent rebounds, as well as technical resistance near recent highs. Trading volume remains robust at approximately $4.8 billion, and Solana maintains a strong market position with an estimated market cap near $69.2 billion, underscoring ongoing high activity and investor attention.