VanEck applied to form the VanEck Solana Trust. A notice of this appeared on the US SEC website.

The price of#SOLon the news showed an increase of almost 7%, breaking through the volume level of 146.08%. And an upward trend since the end of January 2024. Goes to the EMA test of the 50 day TF, from where we wait for the reaction of sellers.

Institutions' visit to SOL is in progress 👏.#VanEckare taking an important step along this path.