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Solana hits a new ATH with $300 in sight, while presales like Best Wallet and Pepe Unchained promise unique features and potential 100x gains.
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Solana is on fire today – an 8.8% pump has catapulted to a new all-time high (ATH).
Is $300 next, or should investors chase other altcoins for the biggest gains?
ETF probes spark Solana rally
The Solana breakout was fueled by rising interest in Solana ETFs.
Previously, the crypto spot ETF landscape was thought to be capped at Bitcoin and Ethereum.
However, Trump’s presidential victory – combined with Gary Gensler’s resignation announcement yesterday – has opened the doors for ETF issuers to launch more altcoin ETFs.
Less than 24 hours ago, news broke that VanEck and 21Shares had filed for Solana spot ETFs. This is the centerpiece driver in SOL’s recent rally.
SOL ATH with strong monthly candle
Solana is on track for its strongest monthly candle ever.
Until now, the biggest monthly gain was $71 in August 2021. This month, Solana is trading $91 higher than its open, with under nine days until the close.
Author: Guest Post
