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Crypto

BlackRock Launches Tokenized Fund Shares on Solana

Guavy AI Editorial Team
Instruments
SOL
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BlackRock, the financial giant, has taken another step into the world of blockchain by filing tokenized fund shares on Solana. This move is seen as a significant expansion of BlackRock's institutional reach into the crypto space.

The SOL price currently stands at $74.12, with the EMA50 providing support at $73.8 and a bullish MACD golden cross indicating trend strength.

According to market analysis, SOL trades within Bollinger Bands, with an upper resistance of $74.37 and a 50-EMA support ahead of further continuation.

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