Will SOL ETF Launch Rumour Pump Solana Toward $200 Mark?

Will SOL ETF Launch Rumour Pump Solana Toward $200 Mark?
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Solana (SOL) price has retested the 20 day EMA mark and might see a pullback ahead.
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The technicals of Solana crypto looks bullish and the coin is poised for an upcoming bull run.
The Solana (SOL) crypto has depicted a double bottom formation and flipped from the trendline support mark of $120.
For weeks, the Solana crypto traded in an uptrend and floated in the bullish wave. Recently, the social sentiment turned bullish and favours the upcoming bull run.
Few hours ago, rumors were rife that the upcoming launch of the SOL ETF which might lead to a sharp rally ahead.
In a recent tweet by the co-founder of SkyBridge Capital @Anthony Scaramucci, he said that we are going to get a SOL ETF ready soon.
We are going to get a $SOL ETF get ready.
— Anthony Scaramucci (@Scaramucci) May 24, 2024
Source: X
Meanwhile, at press time Solana (SOL) price was in red at $166.25 with an intraday drop of 4.10%, reflecting profit booking in the last trading

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