Solana (SOL) has experienced a rebound in the cryptocurrency market and is currently leading the altcoin rally. Despite concerns of being overbought, SOL's Relative Strength Index (RSI) is at 56, indicating that the coin is neither overbought nor oversold. The market sentiment remains bullish, and there are predictions that SOL may get its exchange-traded fund (ETF) approved this year. Several asset managers have already filed for a Solana ETF, including VanEck, Grayscale, 21Shares, Bitwise, and Canary Capital.
- Content Editor ( u.today )
- 2025-01-04
Solana (SOL) Leading Altcoin Rally, but There's Catch