Solana (SOL): 2025 ETF Could Spark Another SOL Rally
Solana entered a price discovery phase earlier this month after surpassing its previous ATH of $242. Since Solana’s DEX volume also surpassed $100 billion for the first time, analysts believe that Solana’s price could reach the $400-$500 range during the current rally. These positive predictions are fueled by investor expectations that a Solana ETF will be approved in early 2025, which would increase Solana’s adoption in the market.
Solana is currently trading at $231.68 after an intraday drop of 4.65%. Since this drop was caused by some short position holders selling, analysts believe that Solana buying activity will see another wave before the end of Q4.
