Solana Price Climbs 9% Fueled by ETF Developments

The Solana price surged by nearly 9% following news of major U.S. asset managers filing for spot ETFs, indicating a growing interest from institutional investors. This development comes without statements from Solana’s leadership. Trading volume spiked as the price rose from $147 to $164.70, demonstrating increased activity. Notably, firms like Fidelity and Grayscale submitted ETF filings to the SEC, reflecting heightened involvement by Wall Street giants.