Solana (SOL) Skyrockets 9% as Crypto Sentiment Turns Positive
Solana (SOL), the sixth-largest cryptocurrency by market capitalization, has increased by nearly 9% in the last 24 hours.
Solana’s price appears to benefit from the recovery across the cryptocurrency market and renewed optimism over a prospective Solana ETF approval in the U.S. following Paul Atkins’ confirmation as SEC chair. On Polymarket, the betting odds for a SOL ETF approval in 2025 are currently 76%. Over the last three months, the chance of approval has shifted 11% in favor of the bulls, from roughly 65% on Jan. 4.
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