The institutional interest in Solana (SOL) has been increasing, leading to a positive reflection in its price. Philippe Bekhazi, CEO of XBTO, predicts that Solana could reach $700 due to ETF expectations and a Trump-driven rally. This forecast aligns with Standard Chartered analysts' prediction that Solana could approach $700 by the end of 2025. The spot Solana ETF is believed to have a higher chance of approval under the Trump administration. Despite reaching $262 during the day, Solana is currently trading at $255.



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