Solana Shows Its Mettle As SOL Barrels Past $70 – Details

Solana Shows Its Mettle As SOL Barrels Past $70 – Details
SOL investors are enjoying this year’s festive season as Solana enters the $70 mark today, backed by extremely bullish market conditions. According to CoinGecko, the token is up 12% in the weekly timeframe, with the biggest jump in the monthly at 30%.  Investment manager VanEck also speculates that Solana will join the ETF race, following recent news that the US Securities and Exchange Commission will approve a spot Bitcoin exchange-traded fund, further bringing exposure to traditional investors.  Related Reading: OKX DEX Loses Over $400,000 To Hackers – What Happens To Customer Funds? A Not-So Far Off Possibility VanEck recently released a list of 15 predictions for the crypto world for 2024. In summary, the post favors a bullish 2024 for crypto, especially in the realms of Web3 gaming and DeFi. According to the prediction, both Web3 and DeFi will start 2024 on a strong note; with Web3 gaming getting a breakout and DeFi finally reconciling with the Know-Your-Customer issues it’s known for.  However, the most eye-catching of these is the speculation that SOL will be part of the spot ETF race in 2024.  “Solana will ..

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