SOL Token Faces 3.95% Dip Amid $10M Investment, CCTP V2 Launch, and ETF Speculation

Solana (SOL) is currently trading at $134.88 on Binance, reflecting a 3.95% decline over the past 24 hours from a 24h open of $140.43. The recent price pullback is attributed to broader market volatility despite positive developments, including Circle's CCTP V2 launch on Solana, a $10 million investment from Everything Blockchain in SOL and other assets, and strong speculation around potential approval of Solana spot ETFs by 2025. While these factors have contributed to sustained investor interest and high trading volumes (recently in the $3.5–$5 billion range), the inability to hold above the $140 support amid short-term profit-taking and fluctuating sentiment has led to the current price dip. Overall, Solana maintains a robust market capitalization of $71.63 billion, with technical indicators showing cautious bullishness as the asset consolidates below key resistance levels and the community anticipates further developments.