Is Solana Rally on the Horizon with US ETF Boost?

Quick Summary:

Solana (SOL) price, one of 2024’s top-performing cryptocurrencies, has surged over 100%, showcasing bullish momentum on long-term charts.

Market experts believe the approval, likely under President-elect Donald Trump’s incoming administration, will catalyze retail participation.

The anticipated approval of a Solana-focused Exchange-Traded Fund (ETF) in the United States could significantly boost the demand for altcoin.

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Article Details

Category: Crypto

Markets: IndiaUnited States

Topics: Solana Price Prediction Solana Price Solana Price Forecast Solana Price Analysis Price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-09 @ 17:44:38 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 391 words

Reading Time: 3 minutes read

Sentences: 35 lines

Sentence Length: 12 words per sentence (average)

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Copyright Owner: © CoinGape

News ID: 25009172

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Main Topics: Crypto

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