Solana ETF Pushes the SOL Price Back $160, Analyst Says a God Candle is Brewing for Altcoins
The announcement of Solana ETF by VanEck and 21Shares has seen the SOL price hike again to $160, demonstrating that institutional investors are now focusing on this innovative blockchain network.
Crypto analysts believe this will ignite a bull run for the altcoins market, especially for upcoming projects such as RCO Finance (RCOF), but to what extent?
Mainstream adoption of Solana has played a key role in the SOL surge, with leading asset managers VanEck and 21Shares seeking approval for a Solana ETF. People are expecting to see these products listed on the Cboe Exchange, as this will attract more institutions and increase demand for Solana (SOL).
