AI predicts SOL price if Solana ETF is approved
Though BTC has received the most attention with its march toward $100,000, other coins and tokens have also been moving, and Solana (SOL) has even managed to reach a new all-time high (ATH) in market capitalization earlier in the week. SOL 30-day price chart. Source: Finbold Additionally, between the broad institutional adoption and the exit of the man widely seen as the opponent of digital assets, there has been much talk of a spot SOL exchange-traded fund (ETF), and much discussion about what such a development would mean for the token. In fact, as of November 21, VanEck, 21Shares, and Canary Funds have all filed for a Solana ETF, and Bitwise is expected to submit its documents to the SEC on Friday. Additionally, the work needed for the approval is ‘progressing,’ as are the discussions between issuers and the regulator, per an X post made by Fox’s Eleanor Terrett. Picks for you ...