Solana experienced a remarkable 16% rally, nearing $160, driven by speculation surrounding the approval of the first-ever Solana Staking ETF. Investors are optimistic about the potential for institutional adoption that this approval could enable. The excitement around Solana suggests a possible supply squeeze as demand increases from both individual and institutional investors. This ETF could broaden the appeal of Solana and allow more participants in the crypto space to invest in this promising digital asset. As the news develops and approval seems imminent, the market watches closely. Keep an eye on price movements in the coming days as they may indicate where Solana is heading next. The crypto landscape is still volatile, but the potential for Solana’s rise is gaining traction among traders and analysts alike.