Why is Solana (SOL) price up today?

Date: 2025-04-11

Solana (SOL) price is outperforming the crypto market on April 11, up 7.45% over the last 24 hours to trade at $121.SOL/USD daily chart. Source: Cointelegraph/TradingViewLet’s take a closer look at the factors behind Solana’s rally today.Renewed SOL ETF approval optimismSolana price appears to be benefitting from a broader market bounce across the entire cryptocurrency market and renewed optimism surrounding a potential Solana ETF approval in the US following Paul Atkins’ appointment as SEC chair. Atkins, known for his crypto-friendly stance, has sparked speculation that altcoin ETFs, including Solana, could face a smoother path to approval. The betting odds for a SOL ETF approval in 2025 now stand at 76% on Polymarket. Over the past three ...

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