Solana Price Surges Past $220 Amid ETF Optimism - Can the Rally Hold?

Solana has skyrocketed past $220, driven by growing optimism surrounding the approval of a Solana ETF. The market is buzzing as analysts now place the odds of a Solana ETF approval at 100%. With Grayscale’s ETF on track for an October 10th launch, there’s increasing anticipation that Solana could reach new highs.

🔑 Key Highlights:

Price Surge: SOL hits $225.39, up 7.6% in 24 hours, with a 6.86% increase over the past week.

ETF Optimism: Grayscale’s Solana ETF could inject new capital into the market.

Bullish Indicators: RSI and MACD suggest more room for growth.

Target Zones: $230 resistance, with potential to reach $240–$245.

Solana’s price momentum is supported by growing institutional interest and the promise of fresh capital from the upcoming ETF launch. Can it maintain its rally? Investors will be watching closely!