Key Notes

Analyst Lark Davis noted that the SOL price technical chart eyes a 1.618 Fibonacci extension pointing to a $425 target.

Bitwise amended its Solana ETF (BSOL) filing to include staking with a record-low 0.20% fee.

Bloomberg’s Eric Balchunas highlights the low-fee strategy as a strong signal for potential institutional inflows.

SOL SOL $224.8 24h volatility: 1.9% Market cap: $122.86 B Vol. 24h: $7.42 B , the native cryptocurrency of the Solana blockchain, is seeing strong buying action as it gained 4% in the last 24 hours and eyes a breakout past $230. Market experts believe that SOL price could be gearing up for a massive 100% rally ahead, with the launch of the spot Solana ETF nearing. Asset manager Bitwise recently filed an update to its SOL ETF

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