😴 Solana Stays Quiet Despite ETF Buzz — Will Bulls Wake Up Soon?
Solana ($SOL) is slowly climbing again, now trading above $150 after a rough week.
Big news: Galaxy Digital just staked $63M in SOL, and 9 ETF applications are in — including one from CoinShares.
ETF experts say there's a 90% chance a Solana ETF gets approved. That could bring serious momentum back to SOL.
📉 On the flip side, Open Interest is dropping and long traders are getting liquidated — a sign that many are still cautious.
But if SOL breaks past the $167 resistance, it could aim for $191 based on key Fibonacci levels.
Key Takeaways:
🔹 Galaxy Digital boosted SOL holdings to over $100M
🔹 9 firms (Grayscale, Fidelity, VanEck, and more) want a Solana ETF
🔹 A break above $167 might trigger the next rally
Stay sharp — the next move could be big.