The price of Solana (SOL) is stabilizing at around 149$ at the time of writing on Thursday, after finding support around its 50-day exponential moving average (EMA) the day before. On-chain data supports a bullish thesis as the market capitalization of SOL's stablecoin has increased to 13 billion dollars, reflecting a rise in network usage. Additionally, Bloomberg Intelligence reports that the probability of U.S. regulators approving a spot exchange-traded fund (ETF) for Solana in 2025 has increased to 90%. #Solana #ETH🔥🔥🔥🔥🔥🔥
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SOL
146.19
-1.70%