“The Solana (SOL) token rose 17% between July 7 and July 9, returning to the $140 level. Trading activity for SOL increased following the filing of ETF applications for Solana from VanEck and 21Shares with the US Securities and Exchange Commission. This is confirmed by statements from the Chicago options exchange on July 8, 2024. The approval and launch of ETFs on Solana in the US is expected to increase the price of SOL by 9 times. Solana network activity and scaling solutions contribute to its performance. Network transaction volume increased by 7.27% and total volume locked. funds (TVL) increased by 4.5% over the last 24 hours 📈"