Solana Price Jumps 6% amid ETF delay and meme-coin mania
Solana (SOL) climbed 6.2% over 24 hours to $181.54, outpacing the broader crypto market’s 12.7% uptick this week. The push leaves SOL up 23.4% on the week, and 37.14% over the past month, according to CoinMarketCap.
The surge comes on the heel of the U.S. Securities and Exchange Commission’s (SEC) delay of its decision on Grayscale’s proposed Solana ETF, signaling renewed bullish momentum in the wake of improving on‑chain fundamentals, ecosystem growth, and growing investor appetite.
Don’t Miss:
- Trade crypto futures on Plus500 with up to $200 in bonuses — no wallets, just price speculation and free paper trading to practice different strategies.
- New to trading crypto? Get up to $400 in rewards for successfully completing short educational courses and placing your first qualifying trade on Coinbase.
According to BeInCrypto, the SEC’s filing emphasized that the deferral “does not indicate any conclusions” and invited public comment on the proposed rule change—muting immediate price fallout as analysts expect approval later this year.
Meanwhile, big players are quietly stacking up their SOL stashes. Nasdaq‑listed DeFi …
About The Author
