$SOL Solana News Today: 📰🗞️
The U.S. Securities and Exchange Commission (SEC) has confirmed the acceptance of Invesco Galaxy's application to launch the Solana spot ETF, officially entering the review phase.
Finally, the Solana ETF is making a big splash. The Trump Coin ETF from Canary has recently been registered, and there is a noticeable surge in Memecoin and Alt-coin trading.
Alongside Grayscale's proposal for Pudgy Penguins, institutions are betting on the SEC's ongoing approach, which boosts positive expectations.
I believe this bodes well for Sol, as the price has already surpassed $200, but don't rush into buying. Regulatory uncertainty still looms.
If approved in the future, the altcoin season will accelerate. I advise monitoring Sol's on-chain activity to identify the right entry point.
#solana #SolanaStrong #HotJulyPPI #REVABinanceTGE #DeFiGetsGraded