Solana trades at $146, marking a brief spike of 2.67% over the last 24 hours.
VanEck remains optimistic about its Solana ETF plans despite a regulatory filing setback.
Solana (SOL), the fifth-largest altcoin by market cap, has extended its minimal gains. After a 2.67% spike in the last 24 hours, SOL hit the $148 mark. Despite struggling to $150, the altcoin signals a brief bullish rally for the day surpassing its previous resistance levels.
The token opened the trading day at the $143 level and eventually led to break the resistance at $145. During this timeframe, SOL climbed a high of $148.65. Amid this, SOL’s daily trading volume has increased by over 12%, standing at approximately $2.17 billion. At the time of writing, SOL was trading at $146.63, according to CMC data.
There is increasing anticipation regarding the entry of Solana spot exchange-traded fund (ETF) into the financial market. Asset manager VanEck’s effort to launch a SOL ETF is in progress, despite th
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