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Invesco and Galaxy Join Race for Solana ETF as SOL Price Momentum Builds

  • Invesco and Galaxy Digital are the latest to file for a Solana ETF, reflecting increased institutional interest in altcoin-backed funds.
  • Solana's price rebounded from $126 support, currently above $145, with technical indicators suggesting a bullish wave formation.
  • The U.S. crypto bill H.R. 3633 could expedite approval for Solana ETFs as regulatory clarity improves.
  • Technical analysis shows no bearish signs, indicating a potential continuation of the bullish trend towards $162 and $172 targets.

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