3 Major Developments of Solana (SOL) You Should Know
- Solana’s native token (SOL) has surged to a 7-month high, surpassing $105, driven by significant ecosystem developments, including the successful approval of a proposal to double the annual deflation rate from 15% to 30%.
- The Bitwise Solana Staking ETF (BSOL) became the first ETF tracking SOL to cross the $1 billion mark in assets under management, despite the SOL price still being 60% lower than its all-time high.
- Large Solana whales have withdrawn a substantial amount of SOL from exchanges, indicating strong accumulation activity, while price analysts forecast it could rise to around $150–$300.
Source: CryptoPotato
🌍 Updated by GemCrypto
$SOL
#Solana #Crypto
- Solana’s native token (SOL) has surged to a 7-month high, surpassing $105, driven by significant ecosystem developments, including the successful approval of a proposal to double the annual deflation rate from 15% to 30%.
- The Bitwise Solana Staking ETF (BSOL) became the first ETF tracking SOL to cross the $1 billion mark in assets under management, despite the SOL price still being 60% lower than its all-time high.
- Large Solana whales have withdrawn a substantial amount of SOL from exchanges, indicating strong accumulation activity, while price analysts forecast it could rise to around $150–$300.
Source: CryptoPotato
🌍 Updated by GemCrypto
$SOL
#Solana #Crypto
