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Crypto

Solana's Six-Day Rally Continues Amid ETF Approval Speculation

Guavy AI Editorial Team
Instruments
SOL
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Solana has continued its upward momentum for six consecutive days, posting a 4.74% gain to trade at $166.

This climb comes despite declining trading volumes across major exchanges, but analysts believe it could indicate an accumulation phase among institutional and retail investors.

Bloomberg analyst Eric Balchunas forecasts a 90% probability of Solana ETF approval, which is driving market speculation and optimism.

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