Last night, the news about the so-called spot ETF approved by SOL really boosted the SOL sector, but it turned out to be a false alarm.
This type of staking spot ETF is not the SEC-approved spot ETF, and in the end, the market makers used this wave to offload their positions. Today, SOL not only opened lower, but it also fell even lower than last night's starting point, leaving the retail investors who chased after it in trouble again 😂