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Standard Chartered Eyes SEC Approval for More Crypto ETFs: Will SOL 10x Next? The SOL/USD pair is strong, climbing between $170 and $170.26 intraday, predicting a positive Solana price. For other crypto ETFs, including Solana, Standard Chartered is seeking SEC clearance, sparking speculation and hope. Following the SEC's approval of Ethereum spot ETFs, Standard Chartered Bank's Head of Forex and Digital Assets Research, Geoffrey Kendrick, forecasts Solana and XRP cryptocurrency ETFs by 2025. Positive US Bitcoin ETF Inflows Boost Investor Confidence US spot Bitcoin ETFs have witnessed 10 consecutive days of positive inflows, totaling $251.94 million as of May 24, after the SEC allowed spot Ethereum (ETH) ETFs. BlackRock's iShares Bitcoin Trust (IBIT) with $182 million and Fidelity Wise Origin Bitcoin Fund (FBTC) with $44 million are leading this spike. No new investments were announced by Grayscale Bitcoin Trust ETF (GBTC). Spot Ethereum ETFs are exciting, but SEC S-1 permission is needed to start them. Analysts estimate this procedure to take weeks, which might affect market sentiment. After the SEC approved Ethereum ETFs, US spot Bitcoin ETFs had favorable inflows, indicating investor confidence in the cryptocurrency sector. Solana Price Forecast Solana (SOL) presently trades at $165, up over 1%. The green line on the chart represents the pivot point at $160.54, which determines trend direction. The immediate resistance levels are $170.37, $176.66, and $183.26. Downside support is $156.75, $151.08, and $144.08. The RSI is 41.51, showing neutral momentum. The 50-day EMA is $168.59, indicating a downtrend. Solana's position above the pivot point signals an uptrend. The immediate barrier is $170.37, and a break over it might send it towards $176.66 and $183.26. However, if the price goes below $156.75, it might fall to $151.08 and $144.08. These crucial levels should be monitored by investors to predict market moves. The prospective Sealana presale offers investors a fresh chance as Solana rises. #ETHETFsApproved #Solana #sol $SOL #altcoins

Standard Chartered Eyes SEC Approval for More Crypto ETFs: Will SOL 10x Next?

The SOL/USD pair is strong, climbing between $170 and $170.26 intraday, predicting a positive Solana price. For other crypto ETFs, including Solana, Standard Chartered is seeking SEC clearance, sparking speculation and hope.


Following the SEC's approval of Ethereum spot ETFs, Standard Chartered Bank's Head of Forex and Digital Assets Research, Geoffrey Kendrick, forecasts Solana and XRP cryptocurrency ETFs by 2025.


Positive US Bitcoin ETF Inflows Boost Investor Confidence
US spot Bitcoin ETFs have witnessed 10 consecutive days of positive inflows, totaling $251.94 million as of May 24, after the SEC allowed spot Ethereum (ETH) ETFs.

BlackRock's iShares Bitcoin Trust (IBIT) with $182 million and Fidelity Wise Origin Bitcoin Fund (FBTC) with $44 million are leading this spike. No new investments were announced by Grayscale Bitcoin Trust ETF (GBTC).

Spot Ethereum ETFs are exciting, but SEC S-1 permission is needed to start them. Analysts estimate this procedure to take weeks, which might affect market sentiment.

After the SEC approved Ethereum ETFs, US spot Bitcoin ETFs had favorable inflows, indicating investor confidence in the cryptocurrency sector.

Solana Price Forecast

Solana (SOL) presently trades at $165, up over 1%. The green line on the chart represents the pivot point at $160.54, which determines trend direction. The immediate resistance levels are $170.37, $176.66, and $183.26.

Downside support is $156.75, $151.08, and $144.08. The RSI is 41.51, showing neutral momentum. The 50-day EMA is $168.59, indicating a downtrend.

Solana's position above the pivot point signals an uptrend. The immediate barrier is $170.37, and a break over it might send it towards $176.66 and $183.26.

However, if the price goes below $156.75, it might fall to $151.08 and $144.08. These crucial levels should be monitored by investors to predict market moves.

The prospective Sealana presale offers investors a fresh chance as Solana rises.

#ETHETFsApproved #Solana #sol $SOL #altcoins

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