SOL price rallies to $161 after ETF news, but is the rally sustainable?
Solana’s ETF launch sparks a brief rally, but fundamentals and institutional demand remain weak amid competition.
Key takeaways:
The Solana ETF launch with staking drew initial excitement, but institutional demand remains muted.
Ongoing SOL unlocks, DApp sell-offs, and low network activity weigh against a sustained price rally.