Blockchair's logo

Solana Price Could Benefit From Grayscale’s Indirect SOL ETF Filing Beincrypto 02 Apr 2025

Solana Price Could Benefit From Grayscale’s Indirect SOL ETF Filing 📈

Solana (SOL) has shown resilience recently, maintaining stability amid market fluctuations. Although experiencing a stagnant market position, Solana has opportunities for growth.

The altcoin's inclusion in Grayscale’s potential Digital Large Cap ETF could provide a significant boost, increasing investor interest and potentially raising prices if approved by the SEC.

Key technical indicators like NUPL suggest a potential market bottom, potentially signaling price recovery. Solana’s technical landscape supports stability, enhancing chances for price appreciation.

However, the broader market’s momentum will play a crucial role in determining Solana's trajectory, which might either rally or face resistance.

Source: beincrypto.com ↗