Sep 28, 2025
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Solana Price Holds Above $200 amid $1B WBTC Inflows and ETF News
Solana's (SOL) price remained above $200 despite a drop in trading volume. Key factors include:
- A $1 billion inflow of Wrapped Bitcoin (WBTC) on Solana, marking five months of consecutive growth.
- The inclusion of Solana in Cyber Hornet's ETF filing, which plans to integrate S&P 500 equities with crypto futures.
Cyber Hornet Trust's proposed ETF will allocate 25% to Solana futures, offering traditional investors regulated exposure to Solana. The ETF will trade on Nasdaq if approved.
Solana's price forecast shows mixed signals:
- Resistance at $216.98; a breakout could drive the price to $239.24.
- Support at $194.72; failure to maintain this level may lead to further declines.
- The RSI suggests potential for an upward rally if buying continues.
Best Wallet (BEST), a multi-chain storage solution, has gained attention with its presale reaching $16.1 million. It provides institutional-grade security for non-custodial wallets, targeting a market estimated to be worth over $11 billion.
