Solana's ETF Launch Sparks Price Surge, But Onchain Data Raises Concerns
On Monday, SOL, Solana’s native token, jumped 7%. This leap came on the heels of the thrilling news of the first Solana-based exchange-traded fund (ETF) – including staking functionality! That news drove speculation among traders that institutional demand would push SOL’s price above $200—a key level for traders. SOL first...