Solana ETF Launch Fuels Price Rally: Analysts Expect Growth & Bullish Trend

The launch of the Bitwise Solana Staking ETF has sparked optimism in the cryptocurrency market, driving a significant surge in the price of SOL. This is according to Cointelegraph, with analysts attributing this positive trend to the ETF’s focus on Solana staking and its listing on the New York Stock Exchange. Trading at $203 on Tuesday, SOL marked a 14% increase from its recent low point of $177 just last week.