#Sol

Trade now . . Solana is moving towards 200$

โคโคโค๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ™๐Ÿ™๐Ÿ™๐Ÿ˜๐Ÿ˜๐Ÿ˜๐Ÿ˜๐Ÿ’ฏ๐Ÿ’ฏ๐Ÿ’ฏ

๐™Ž๐™ค๐™ก๐™–๐™ฃ๐™– ๐™Ž๐™ฉ๐™–๐™ ๐™ž๐™ฃ๐™œ ๐™€๐™๐™ ๐™ƒ๐™ž๐™ฉ๐™จ $33๐™ˆ ๐™๐™ง๐™–๐™™๐™ž๐™ฃ๐™œ ๐™‘๐™ค๐™ก๐™ช๐™ข๐™š ๐™ค๐™ฃ ๐˜ฟ๐™–๐™ฎ 1, ๐™Š๐™ช๐™ฉ๐™ฅ๐™š๐™ง๐™›๐™ค๐™ง๐™ข๐™จ ๐™“๐™๐™‹ ๐™–๐™ฃ๐™™ ๐™Ž๐™Š๐™‡ ๐™๐™ช๐™ฉ๐™ช๐™ง๐™š๐™จ ๐™€๐™๐™

REX Shares Solana Staking ETF (SSK) saw an impressive $33 million in first-day trading volume, outperforming both XRP and SOL futures ETFs. SOL price is recovering following the update.

The Rex Shares Solana staking ETF (SSK) clocked a strong $33 million trading volume on the inaugural day, outperforming XRP futures ETF and SOL futures ETF, with assets under management (AUM) hitting $1 million. Bloomberg ETF strategist Eric Balchunas believes that the AUM could multiply ten times soon if SSK continues to drive similar interest ahead. SOL price has responded positively with 4.3% gains following this development, with CME futures volume hitting an all-time high.

The REX-Osprey Solana Staking ETF launch on Wednesday was pretty successful, clocking more than $33 million in trading volumes. Eric Balchunas, the senior ETF strategist at Bloomberg, stated that it is impressive considering that it is much higher than an average ETF launch, while beating the likes of XRP futures ETF and SOL futures ETF.

Following yesterdayโ€™s development, the SOL futures trading volume on the Chicago Mercantile Exchange (CME) surged to its all-time high, above $1.7 million. This shows a strong demand among traders for the altcoin, following the staking ETF launch.

SOL price has also surged 4.3% in the last 24 hours, with daily trading volume reaching $4 billion. As reported, by coingape markets analysts, riding on the positive news Solana price can jump 47% from here to $235. Meanwhile, $159 remains a crucial resistance for SOL.