The potential approval of a Spot Solana ETF has investors speculating about Solana (SOL) reaching $300. Despite a recent 15% decline from its all-time high (ATH) of $294, the price remains stable above $240. This stability has led to hopes of a breakout if the ETF approval momentum continues to build.
Investors are closely monitoring Solana's consolidation phases, looking for signs that the price will surpass the $300 mark. The excitement around a possible ETF approval could drive this upward momentum, but market observers remain cautious while awaiting further developments.