Solana Extends Rally As ETF Bets Climb And Market Sentiment Turns
Solana (CRYPTO: SOL) is pushing higher to start the week, extending a rebound from early April as momentum builds behind renewed ETF optimism and easing macro pressures.
Price Action
At the time of writing, Solana is trading at $132.11, up 3.76% over the last 24 hours, according to CoinMarketCap. The token is up 27% over the past week and has erased most of its recent monthly losses, now down just 2.33% over the past 30 days.
Solana ETF Bets Hit 81% Amid Market Shift
The rally follows a wave of renewed speculation around a Solana ETF, fueled by Paul Atkins’ appointment as SEC chair. Atkins, a former SEC commissioner known for being crypto-friendly, has sparked hopes of regulatory tailwinds for altcoin-based exchange-traded products.
On Polymarket, traders are assigning an 81% probability …
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