Solana
Why Solana is up 1.7% today
Analysis
Solana (SOL) rose about 1.7% over the past 24 hours as ETF/ETP-related developments supported sentiment, notably Cointelegraph’s report that 21Shares launched the first Jito staked Solana ETP in Europe, which can broaden regulated access to SOL exposure. BeInCrypto also highlighted factors that could help SOL absorb rising selling pressure, reinforcing a more constructive near-term narrative.
Contributing Factors (3)
Hyperliquid Price Prediction: HYPE Just Blew Past XRP and BNB – Is This the Altcoin That Flips Solana Next?
Having gained by 50% in the past week, here's why the Hyperliquid price prediction remains so bullish. The post Hyperliquid Price Prediction: HYPE Just Blew Past XRP and BNB – Is This the Altcoin That...
21Shares launches first Jito staked Solana ETP in Europe
The product offers exchange-traded exposure to JitoSOL with staking rewards embedded, as liquid staking ETFs remain under review in the United States.
What Factors Could Help Solana Absorb Rising Selling Pressure
Solana (SOL) has dropped below $120 amid continued capital outflows. As investors become increasingly cautious, the key question is what Solana can offer to convince holders to stay. Several recent de...
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.