Hold on to your hats, folks! Solana’s price is holding steady above $190, like a cat on a hot tin roof, while institutions and regulators around the globe are giving it a big ol’ bear hug. 😲
Hong Kong just approved its very first Solana ETF. This is the first crypto asset ETF to launch after Bitcoin and Ethereum-talk about setting the bar high! Managed by ChinaAMC, it will track Solana’s price performance, and it’s launching next Monday. Just in time for a Monday morning coffee and a new way to lose money. ☕📉
Now, don’t get too excited just yet. While all these institutional signals are shouting, “We’re serious, we promise!” the Solana price is still hanging around the $190 mark, like a stubborn sticker on your favorite T-shirt. The problem? Technicals aren’t looking great. Solana’s still trading below the 200 Exponential Moving Average, and despite multiple attempts to climb back above it, the market’s like, “No thanks, buddy.” Oof! 😬
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2025-10-24 22:54