Solana Price Prediction: As SEC Opens Comments On Grayscale Solana ETF, This SOL Layer-2 ICO Passes $18.6M
The Solana price climbed 1% in the past 24 hours to trade at $192.7 as of 09:21 p.m. EST on trading volume that jumped 5% to $5.3 billion. This comes after the US Securities and Exchange Commission (SEC) formally acknowledged NYSE Arca’s filing for a rule change to list and trade shares of the Grayscale Solana ETF (exchange-traded fund). The move now brings the possibility of a Solana-backed investment vehicle. 🔥 JUST IN : According to Bloomberg ETF analyst James Seyffart, the US SEC has acknowledged the #Solana💰 19b-4 filing submitted by Grayscale. Previously, the SEC refused to process Solana-related filings in multiple attempts. — Crypto TA King (@CryptoTA_King) February 7, 2025 According to a February 6 filing, the SEC has opened a public comment period for the proposed rule change, allowing interested parties to submit feedback. Solana Price Could Rebound The SOL price chart Analysis on the 12-hour chart shows that the asset has recently forme...