$SOL $SOL The price of Solana (SOL) has been consolidating below the peak of a bullish formation on the weekly chart, indicating that momentum is increasing towards the upward direction. $SOL : $255.58 SOL 256.3 +3.16% Analysts see the critical support level at $258.41 as the minimum of the consolidation range. If support breaks below this level, a retest of $217.70 can be seen, which is a secondary support level that maintains the long-term bullish bias.
#SOLETFsOnTheHorizon Exciting times ahead for Solana and Litecoin! CoinShares and Grayscale have filed for new ETF registrations, while the SEC's first review deadline for Solana ET applications is set for January 25, 2025. With major players like VanEck and Bitwise in the mix, could this be the next big move for crypto ETFs? Will Solana ETFs gain approval and bring new institutional inflows? Share your thoughts below! #SOLETFsOnTheHorizon