The post Solana Price Breaks $209 – Can ETF Optimism Push SOL to $233? appeared first on Coinpedia Fintech News
Solana price now has extended its winning streak. It is currently trading at $209.77 after gaining 3.48% in the last 24 hours. The token’s market cap climbed to $113.49 billion, while 24-hour trading volume surged 35.96% to $9.08 billion. This uptick comes as positivity builds over potential U.S. approval of spot Solana ETFs, with issuers like VanEck and Franklin Templeton updating filings to include staking features. Analysts now estimate a 95% chance of approval by October 2025, which could unlock significant institutional demand.
In another positive event, Solana validators have approved the Alpenglow upgrade with 99% support. This update will reduce the transaction finality from the current 12.8 seconds to just 150 milliseconds. Thereby, placing Solana’s speed on par with Google searches, and reinforcing its case as a high-performance blockchain.
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