Shocking! $SOL welcomes a trillion-level benefit, ETF approval probability as high as 90% 🚀
The strongest market news explodes! The SEC has entered the final stage of approving the Solana (SOL) spot ETF, and industry estimates the approval probability is as high as 90%. Once realized, it is expected that $2-5 billion of incremental funds will rapidly flow in, directly pushing SOL's market value to a new level!
Technical observation:
SOL is currently repeatedly testing the support level at $203, with 1-hour moving averages converging, leading to a tug-of-war between bulls and bears. If it can break through $210 with increased volume, it is expected to surge to $223; if it drops below $203, short-term correction risks should be monitored. The MACD continues to maintain positive growth, with bulls temporarily in the lead.
Frequent positive fundamentals
ETF approval approaching: may become a historic liquidity gateway.
NFT collaboration expansion: The Solana ecosystem has partnered with leading NFT platforms to explore a larger market.
Technical upgrades implemented: optimization of consensus mechanisms, introduction of new smart contract features, and comprehensive enhancement of performance and security.
On-chain data is booming: Binance SOL trading pair has a 24-hour trading volume as high as $1.18 billion, with astonishing capital activity, and market attention continues to rise.
SOL is at a critical turning point, with positive news resonating with technology, possibly welcoming a new round of explosion. Short-term focus on the 203-210 range for defense and offense, while long-term investors should closely monitor the ETF approval process.
