Polymarket data indicates that there is a 93% chance of a Solana ETF being approved in 2025, sparking discussions about the future trajectory of SOL's price. Rex Shares has filed for several crypto ETFs, including the Solana ETF, further fueling optimism. Analysts predict that the token could reach $400 or more in the coming months. Solana recently achieved a new all-time high of $293, leading to expectations of further bullish movement in the market. Technical analysis shows positive momentum, although the Relative Strength Index suggests the asset is nearing overbought conditions. Long-term projections for Solana price remain positive, with predictions ranging from $413 to $557 by mid-2025. The anticipation of a Solana ETF approval is seen as a significant catalyst that could attract more mainstream investors to the asset.
Content Editor ( cryptonewsz.com )
- 2025-01-22
Solana ETF 2025 Approval Odds Hit 93%, What's Next For SOL Price?
