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Leveraged Funds Skyrocket as Solana Surges 25%

Guavy AI Editorial Team
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The past week saw significant gains in leveraged and inverse ETFs, with several funds topping the charts. The SOLT ETF, which provides 2x daily price movements of Solana, led the pack with over 25% gains.

Solana's price surge was driven by strong institutional inflows, a major governance vote, and rising network activity.

The NOWL ETF, providing 2x leveraged exposure to ServiceNow Inc. stock, ranked second on the list with ~25% weekly gains.

This followed strong earnings from Salesforce that eased investor fears about artificial intelligence replacing legacy software businesses.

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