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 ↗
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