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Zeeshan-Ahmad
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#SOLETFsOnTheHorizon ๐ SEC Review: The US Securities and Exchange Commission (SEC) is reviewing proposals for a Solana ETF, with VanEck, 21Shares, and Canary Capital submitting applications ๐ค. ๐ซ Potential Approval: With the SEC engaging with issuers, there's a possibility of approval in 2025 ๐. ๐ Solana's Surge: SOL's price has rallied over 7% following the news, with a potential 70% rally to $459 if it breaks above the all-time high resistance of $259.9 ๐.
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#SOL the$SOL road to Solana ETFs may not be smooth, but the potential rewards are too big to ignore. From institutional adoption to market growth, $SOL is positioning itself for a transformative year. However, investors should stay updated on regulatory developments and market shifts to make informed decisions. What do you think? Will 2025 be the year of Solana ETFs? Share your predictions below!
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current structure shows heavy resistance between 739 to 747, with immediate resistance at 709 to 721 region, with the extreme end of the bull leg extending to 969-991 region. Currently, the price of BNB is ranging, with 659 acting as a very weak suport. $BNB
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