SOL price rallies to $161 after ETF news, but is the rally sustainable? – MAXBIT

Solana’s ETF launch sparks a brief rally, but fundamentals and institutional demand remain weak amid competition.

Key takeaways:

The Solana ETF launch with staking drew initial excitement, but institutional demand remains muted.

Ongoing SOL unlocks, DApp sell-offs, and low network activity weigh against a sustained price rally.

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