Solana's SOL Jumps 17% Amid Optimism for Potential ETF Listings
Solana's SOL saw a 17% increase in price within 24 hours due to expectations of a Solana ETF, with potential listings from VanEck and 21Shares following Cboe's SEC filings in July. This optimism is fueled by predictions of a more crypto-friendly regulatory environment under a potential Trump administration, with some speculating that SOL could surpass ETH in market cap and reach $1000. The surge in SOL's price also led to an increase in its market cap, making it the fourth-largest token by market cap. The renewed odds of an ETF approval for SOL were attributed to Donald Trump's lead over Kamala Harris in the US election.
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