SOL Price
Solana’s price has rebounded by 3.4% to $167.24 following a selloff triggered by a recent ETF launch, indicating a recovery phase. The cryptocurrency experienced significant volatility as the market reacted to the ETF news. However, institutional investment flows have begun to provide a stabilizing effect amidst the ongoing uncertainty in the broader cryptocurrency market. This recovery suggests that despite the initial selloff, there is renewed interest and confidence in Solana’s value. The overall market remains cautious, but the recent price movement reflects a potential shift toward stability for Solana.
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