ETF Delays Could Push SOL Down to $150 Before Recovery Resumes
The post ETF Delays Could Push SOL Down to $150 Before Recovery Resumes appeared com. Crypto News Solana’s strong performance through October faces a potential cooldown as delays over ETF approval weigh on investor sentiment. Market optimism over the prospect of a Solana-based exchange-traded fund supported recent gains, but growing uncertainty over regulatory timelines sees traders reassess short-term expectations. Analysts believe that while it is one of the most promising Layer-1 blockchains, Solana may experience some pullback which can be healthy for its growth in the long run. Another fast-rising DeFi project, Remittix(RTX), or RTX, has drawn attention to actual real-world utility in payments. Solana Price Faces Resistance Amid ETF Delays Currently, Solana is selling at $185. 07, up 4. 72% in the last 24 hours. It boasts a market capitalization of $102. 79 billion and its trading volume of $6. 86 billion has lost over 28%. The excitement surrounding the proposed SOL ETF boosted market sentiment earlier this month, but ongoing delays in SEC review have cooled enthusiasm. Analysts warn that without new ETF developments, Solana could see a temporary retracement toward the $150 level, a zone seen as strong historical support before another recovery phase. The Rise of Real-Utility Projects stands out as one of the low-cap crypto gems connecting traditional finance with blockchain due to direct crypto-to-bank transfers across more than 30 countries. Remittix has now opened its Wallet Beta Testing Program to allow more iOS users to test it. Every week, the top 10 buyers will be granted the chance to access the beta with the intention of. Continue reading ETF Delays Could Push SOL Down to $150 Before Recovery Resumes
