ETF: Solana Summer is Still Possible (Patreon)

Bloomberg Intelligence say the SEC may approve SOL ETF next month, and there’s a possibility of early action on not only SOL SPOT ETF but also staking ETFs. This follows filings by seven issuers for spot Solana ETFs, spurred by Rex-Osprey's regulatory and legal efforts to launch Solana and Ether staking products.

If approved, a spot Solana ETF could boost its price appreciation and market interest—hence the "Solana Summer" idea, akin to the 2021 "DeFi Summer" when decentralized finance exploded.

Price looks like it is heading straight to $180 Level 4 and then after $230... on the news... Level 5.