SOL Dips 3.35% to $150.81 Amid Profit-Taking, But Bullish Momentum Persists After ETF News

Solana (SOL) experienced a 3.35% price decline over the past 24 hours, falling from a 24h open of $156.03 to $150.81 on Binance. This pullback follows a recent period of bullish momentum driven by positive developments such as CoinShares filing for a spot Solana ETF, Revolut adding SOL support, and increased institutional product offerings from 21Shares. Despite strong ecosystem growth, high trading volumes, and notable whale activity, the short-term price correction appears to be a reaction to profit-taking after SOL’s rebound from sub-$144 levels earlier in the week, combined with broader market volatility. Current market data shows SOL trading at $150.81 with a 24-hour volume exceeding $4.5 billion, maintaining its position as the sixth-largest cryptocurrency by market capitalization. Technical indicators remain bullish overall, with sustained buyer interest observed in the $152–$155 range.