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Coin Telegraph

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Image Credit: Coin Telegraph

Why is Solana (SOL) price up today?

  • Solana (SOL) price is up today, driven by the broader cryptocurrency market's recovery.
  • The launch of the first Solana futures ETF by Volatility Shares has bolstered SOL's price.
  • Approximately $18 million in shorts were liquidated, further fueling SOL's upward movement.
  • Analysts believe SOL's price could stage a recovery to $220 given its strong technicals and institutional interest.

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