🚀 Solana defies delays and ignites the market!
Despite the SEC Committee postponing its decision on Solana ETFs until October 16, $SOL has demonstrated its strength by rising to $193.33, amid record institutional flows and increasing confidence from major investors.
🔹 REX Shares fund recorded its highest daily trading since launch: $66 million
🔹 Daily flows of $13 million reflect market appetite
🔹 Institutions like Grayscale, Fidelity, and ProShares are racing to launch Solana funds
🔹 Technical analysis shows upward momentum with nearby resistance at $198, and the potential to reach $214
📊 Investors are not waiting for SEC approval... but are betting on Solana's future now!
With anticipation for the October decision, Solana may be on the verge of entering the elite club alongside Bitcoin and Ethereum in the world of ETFs.
