Solana ETFs Spark Optimism as Institutional Interest Fuels Potential Rally

The launch of Solana exchange-traded funds (ETFs) has ignited significant market optimism, with investors and institutions alike showing strong interest in the cryptocurrency. Two key developments have particularly boosted the outlook: Osprey Funds filed an S-1 with the SEC for a Solana ETF, while Hong Kong approved a similar fund. This surge in interest is expected to propel Solana’s price towards $250, according to analysts.