Solana Soars Over $200 with the Launch of Revolutionary Staking ETF
Solana (SOL/USD) has surged past the $200 mark, reflecting a 3% increase in the last 24 hours and an impressive 25.3% surge over the past week. This significant price movement comes on the heels of the launch of the Solana Staking ETF (SSK) by REX-Osprey, making it the first US-listed ETF providing direct exposure to Solana and its on-chain staking rewards.
Investors are advised to closely monitor market conditions, potential profit-taking opportunities, and the crucial support level at $185 to gauge Solana’s future price trajectory.