Solana
Why Solana is up 2.4% today
Analysis
Solana (SOL) rose 2.4% over the past 24 hours after reports that Germany’s ING now allows retail customers to buy Solana-linked products (alongside Bitcoin and Ether) directly from their ING accounts, improving access through a major traditional bank. The easier on-ramp via ING’s platform likely supported near-term demand sentiment for SOL exposure.
Contributing Factors (2)
Germans can now buy bitcoin, ether, solana products directly from their ING accounts
These crypto products receive the same German tax treatment as directly held bitcoin.
ING opens retail access to Bitcoin, Ethereum, Solana ETPs in Germany
Still, ING Deutschland noted that crypto ETPs carry significant risks and stated that crypto has no intrinsic value.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.