Bitunix analyst: Canada launches Solana spot ETF, SOL focuses on $122 support and $149 pressure

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MarsBit
04-16
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Mars Finance News, on April 16, a Canadian asset management company launched four Solana (SOL) spot ETFs on the Toronto Stock Exchange (TSX), marking the birth of the first North American exchange-traded product (ETP) offering staking functionality for Solana. These ETFs not only track the US dollar price of SOL but also allow investors to earn an annual yield of 6% to 8% through staking, providing a new option for investors seeking passive income. Bitunix analyst suggests: The launch of Solana spot ETFs may have a positive impact on SOL's market performance. Currently, SOL's price has dropped by approximately 33.21% in the past 2025 years, and it is recommended to closely monitor the market acceptance and capital inflows of the ETF. Additionally, attention should be paid to whether SOL's price can stabilize above $122 and observe signs of breaking through $149.74. Before investing, it is advised to conduct thorough risk control and consider one's investment objectives and risk tolerance.

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