rloaiza
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Bullish
#REX-OSPREYSolanaETF
The native token of Solana, SOL, rose 7% yesterday following the confirmation that the first Solana ETF with staking capabilities would be launched on Wednesday. This news led traders to speculate whether it could boost institutional demand and push the price of SOL above $200. The launch of the Solana ETF generated a brief surge, but the fundamentals and institutional demand remain weak amid the competition.
The native token of Solana, SOL, rose 7% yesterday following the confirmation that the first Solana ETF with staking capabilities would be launched on Wednesday. This news led traders to speculate whether it could boost institutional demand and push the price of SOL above $200. The launch of the Solana ETF generated a brief surge, but the fundamentals and institutional demand remain weak amid the competition.
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