📈SOL on Fire: Main Highlights
- SOL is Up 86%
Solana (SOL) jumped 86% from its lowest point this year, recently reaching $185—a multi-month high.
- Big ETF Inflows
The new SOL + Staking ETF (SSK) is almost at $100 million in assets, with steady inflows and the bonus of staking rewards (~7.5% yield).
- Strong Institutional and Wall Street Interest
Big funds and investors are pouring money into Solana, expecting more growth as ETF approval odds climb.
- Meme Coin Mania
Solana’s low fees are fueling a meme coin boom, with meme coin market caps now at $15 billion—bringing lots of retail hype.
- Technicals are Bullish
SOL’s price is breaking key resistance, with bullish signals from all major technical indicators. The next target is $200.
- ETF SSK is Unique
It’s one of the first ETFs in the US to offer both SOL price exposure and staking rewards. Others don’t yet offer staking.
In short:
Solana’s huge rally is being powered by growing ETF interest, staking rewards, and meme coin hype, with all signs pointing to more upside ahead.