SOL Climbs 7–9% as Institutional Bets & ETF Talk Heat Up

Check out the link provided to make consistent profits in Binance futures trading. Access free Bitcoin trading signals and use the Cornix trading bot for automated trades: https://telegram.me/progrouptraders

Solana is up today as increasing optimism around ETF approval and high demand in the derivatives market paint a bullish outlook for SOL price.

Spot Solana ETF approval odds jump to 91% on Polymarket.

SOL futures open interest is up 22% in a month, signaling strong institutional interest.

A SOL price bull flag is in play on the daily chart, targeting $315.

Solana’s native token, SOL, displayed strength on June 16, climbing 9.5% to trade at $157 from a low of $144 on June 15. Its daily trading volume has jumped by 100% over the last 24 hours to $4.5 billion, reinforcing the intensity of the demand-side activity.

Solana ETF approval odds jump above 90%
Speculation around a potential spot Solana exchange-traded fund (ETF) for SOL in the United States remains the most significant catalyst behind SOL’s rally today. Bloomberg analysts said that the US Securities and Exchange Commission could “act early” on Solana and staking ETF filings, placing the approval odds at 90%. 

Meanwhile, approval odds on Polymarket have jumped to 91% on June 16 from 77.5% less than 10 days ago.


So many great words from our members

Our team consists of top-notch professionals with a deep understanding of market behavior and trends. We have a skilled team of full-time crypto traders who excel in market analysis and trading.

Follow the link provided to explore our statistics, signal accuracy, and testimonials from satisfied members.

Comments

Post a Comment

Popular posts from this blog

Record 47.36M ETH Staked in ETH2 Beacon Contract

Image
Visit this link to consistently profit in Binance futures trading, receive free bitcoin trading signals, and access the Cornix trading Bot for optimal automated trades: https://telegram.me/cryptosignalalert Download our free app to receive signals on your mobile device: https://play.google.com/store/apps/details?id=com.freecryptosignals.app Ethereum’s ETH2 Beacon Deposit Contract currently holds over a third of the network’s supply.  Ethereum 2.0 staking has seen significant growth, and a major milestone has been reached. As such, the deposit contract for staking Ethereum on the Beacon Chain reached an all-time high of 47.36 million ETH this week. Interestingly, this accounts for 33.9% of the entire Ethereum supply. 32% Profit on #1000BONK/USDT for our Members on Binance Futures, Bybit, Okex, Bitmex - All profit targets hit We continuously analyze the Binance Futures market to identify the most lucrative trading opportunities. Our team of experts diligently examines the markets eve...
Read more

Eric Trump Boosts ETH Price, Yet It Remains Behind Peers

Image
Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades –  https://telegram.me/cryptosignalalert Download our free app and receive signals on your mobile –  https://play.google.com/store/apps/details?id=com.freecryptosignals.app Ethereum prices got a boost from the US President’s son, but they’re still woefully behind the broader crypto market recovery today.  Ethereum prices have gained around 11% on the day to reach $2,900 during early trading in Asia on Feb. 4 before it retraced slightly. It is on the path to recovery from a crash to $2,260 on Monday following President Donald Trump’s imposition of trade tariffs on Canada, Mexico, and China. Some of those tariffs have since been suspended, resulting in a crypto market recovery. ETH prices were also boosted by Eric Trump, who said, “In my opinion, it’s a great time to add ETH” on X. However, most of the respondents m...
Read more

Musk’s DOGE Agency Unveils Website with Dogecoin Logo

Image
Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades –  https://telegram.me/cryptosignalalert Dogecoin rallied after Elon Musk’s Department of Government Efficiency launched its official US government website displaying the dog-themed cryptocurrency’s logo. Dogecoin rallied more than 11% following the latest developments around Elon Musk’s agency for US governmental efficiency. The Department of Government Efficiency (DOGE), led by Musk and aimed at cutting government spending and streamlining regulations, launched its official website on Jan. 21. Dogecoin has gained significant momentum from the developments surrounding Musk’s non-governmental agency. Retail investors view the agency as a potential catalyst for Dogecoin’s price since the agency shares the same logo and acronym with the cryptocurrency. 191% Profit on #AVAAI/USDT  Our team comprises the finest professiona...
Read more