Solana (SOL) has seen a price increase of over three percent and is trading close to $240. The rise in price comes after Grayscale Investments filed with the SEC to convert its Grayscale Solana Trust into a spot ETF. Other asset managers, including VanEck and Bitwise Asset Management, have also filed for spot Solana ETFs. Solana has completed a correction and may reverse and move upwards again. The next resistance levels for Solana are $246, $260, and potentially $313. In terms of support, initial levels to watch are between $232 and $233, with further support at $222 and $205. Solana's price movement tends to follow Bitcoin and Ethereum, so monitoring their movements is important for predicting Solana's next moves. Analysts predict that Solana could reach levels of $300 or $400 in the future.
- Content Editor ( coinpedia.org )
- 2024-12-04
Solana Price Prediction For December 4