▲ Solana (SOL) ©Coin Leaders |
The price of Solana (SOL), the 5th largest cryptocurrency by market capitalization, fell by about 2% over the past 24 hours.
Solana's SOL coin, a strong competitor to Ethereum (ETH), is trading at $137.47 as of 2:35 pm on June 30 (Korean time), down 2.10% from 24 hours ago based on CoinMarketCap.
Solana surpassed $150, thanks to the launch of major Solana blockchain technologies such as ZK Compression, Action, and Blockchain Link (Blink), as well as VanEck's application for Solana spot ETF, but later fell to $140 due to profit-taking selling. The dollar fell below.
Crypto News said, “Solana is on the verge of launching a spot ETF with Bitcoin (BTC) and Ethereum. Analysts believe this move could be a game-changer and potentially boost Solana’s market value.” Regarding the future SOL price scenario, it is predicted that the bear market (bear market) will rise 1.4 times and the bull market (bull market) will rise 8.9 times.
Meanwhile, according to the TreeNews
In this regard, WooBlockchain said through .