Solana (SOL) Price Jumps 6% after VanEck Files for Solana-based Exchange-traded Fund (ETF)

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BitcoinWorld 6d ago

Solana (SOL) Price Jumps 6% after VanEck Files for Solana-based Exchange-traded Fund (ETF) - BitcoinWorld

Quick Summary:

Notably, following the Solana exchange-traded fund (ETF) filing submitted by VanEck, the price of SOL printed its biggest rally in the past 30 days.

A filing does not guarantee that the SEC would approve such a product that is tied to Solana, despite SOL being the fifth largest digital asset by market capitalization.

The price of the SOL token is up around 6% at the time of writing, at $144.16, and the trading volume of the altcoin is up 111.37%, at $3.11 billion with a market capitalization of $66.6 billion.