Solana Price Drops 18% as SEC Scrutiny Hits Staking ETFs

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Story Highlights* Solana price dropped 3% in the intraday session, facing resistance at the 50-Day EMA.

  • Total open interest (OI) for SOL declined from $3.20 billion to $2.87 billion.
  • Despite uncertainty, Polymarket odds for a Solana ETF approval exceed 80%.
SOL0.63%
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