Criptor

An RSS reader for cryptocurrency news

Solana Price Eyes Rally To $320 As SOL ETF Inflows Rise

Solana Price Eyes Rally To $320 As SOL ETF Inflows RiseCoin Gape1 min read
Solana Price Eyes Rally To $320 As SOL ETF Inflows Rise
Crypto analyst Inmortal recently suggested that the Solana price is primed for a rally as institutional interest continues to build. This positive analysis is happening as Solana ETF applications from major financial institutions, including Grayscale, VanEck, 21Shares, Canary, and Franklin Templeton, progress toward potential approval. SOL ETF anticipation drives institutional interest The prospect of spot Solana ETFs is generating substantial institutional interest, and prediction markets are showing a jump in confidence in regulatory approval. According to Polymarket data, the odds of the U.S. Securities and Exchange Commission approving spot SOL ETFs have risen to 82%. The Solana price can go up quite a bit if this happens earlier or later. Some significant financial institutions have applied for Solana ETFs. Some such institutions include Grayscale, VanEck, 21Shares, Canary, and Franklin Templeton. Such demand from leading asset managers indicates robust institutional demand for regulated investment products of Solana. Users can already witness... Read More at Coingape.com

The post Solana Price Eyes Rally To $320 As SOL ETF Inflows Rise appeared first on CoinGape.

KEYWORDS
grayscalefinancialshares canaryfinancial institutionssolanacanary franklinsol etfsolsolana etfsetfsolana pricegrayscale vaneckcoin gapecriptoretfscrypto analystfranklin templetoninstitutionalrallypricevaneck sharesinstitutions