$SOL The Solana ($SOL) cryptocurrency is witnessing a strong upward wave, despite the U.S. Securities and Exchange Commission (SEC) announcing a delay in its decision regarding the Solana exchange-traded fund (ETF). This positive performance is attributed to the continued confidence of investors, especially after the agency announced a new regulatory framework that could expedite the approval of instant cryptocurrency index funds. According to analysts, Solana's technical indicators show potential bullish signals, with expectations that it will be among the first cryptocurrencies to receive the green light for launching an instant ETF. This comes amid widespread market anticipation of the agency's upcoming decisions, which could bring about a significant shift in the investment landscape for digital currencies.$SOL