A key highlight in the crypto market this week is the growing anticipation that a spot ETF (exchange-traded fund) for Solana (SOL) could be approved soon. The speculation has reignited investor interest in Solana, with analysts noting that a potential ETF approval could expand the asset’s institutional investor base and significantly boost trading volumes. SOL has shown strong technical performance in recent weeks, standing out among major cryptocurrencies outside Bitcoin and Ethereum. Analysts also point to the ongoing growth of Solana’s DeFi and NFT ecosystems as key factors driving renewed enthusiasm.
Solana (SOL) Gains Momentum Amid Spot ETF Expectations: Institutional Interest Rising
