Solana (SOL) adds 2% to its value on Wednesday, riding on the optimism among market participants after the first day of Spot Ethereum ETF trading.
Solana whale transferred nearly 124,000 SOL tokens to Binance on Monday. The $22 million transfer could contribute to selling pressure on Solana , raising concerns among traders. Franklin Templeton runs its node on the Solana network and hints at SOL ETF in a cryptic tweet on X. SOL extends gains by 2% on Wednesday and hovers near $180. Solana adds 2% to its value on Wednesday, riding on the optimism among market participants after the first day of Spot Ethereum ETF trading.
Therefore, a tweet mentioning SOL and the existence of other assets that warrant an ETF product supports talks of a Solana ETF on X. Besides Bitcoin and Ethereum, there are other exciting and major developments that we believe will drive the crypto space forward.
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