Solana Rebounds as Morgan Stanley Spot ETF Bid Fuels Institutional Interest

Solana (SOL) rebounded to the low-$70 range on Friday, drawing renewed attention as expectations for a U.S.-listed spot ETF intersected with signs of accelerating onchain activity and broader ecosystem expansion.

As of Friday 1:00 p.m. KST (Friday 12:00 a.m. ET), SOL was trading at $71.47, up 4.34% on the day, with a market capitalization of roughly $41.4 billion—keeping it in the No. 7 position among major cryptocurrencies. Spot trading volume over the past 24 hours came in around $1.6 billion, down 32.6% from the prior day, but SOL remained higher by 5.31% over the past week, extending a…  Read more

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