Best Crypto to Buy as Solana Shows Technical Strength amid ETF Buzz
The post Best Crypto to Buy as Solana Shows Technical Strength amid ETF Buzz appeared on BitcoinEthereumNews.com.
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Solana is ready to pump thanks to strong technical indicators and ecosystem support. The biggest piece of positive news comes from a popular chart analyst, Ali Martinez. He took to X (where he has over 136K followers) to share the monthly $SOL chart, which is forming a bullish cup and handle pattern. The ‘cup’ started forming around November 2022, with the handle coming into existence during the tariff-induced panic sell-off. What’s even more encouraging is that this pattern has taken a long time to form – almost 2.5 years. This makes it a stronger bullish indication. It’s also worth noting that $SOL has risen around 38% since the second week of April, showing good upward momentum. Read on to find out more reasons why investors are bullish on $SOL. We’ll also point you towards the best crypto to buy to benefit from the upcoming bull run. Solana Tokenized Stocks and ETF Push There has also been an increasing push towards stock tokenization on the Solana blockchain. The Solana Policy Institute has submitted a proposal called ‘Project Open’ to the SEC, which seeks approval to issue tradable tokens for stocks. Larry Fink, BlackRock CEO, has backed the idea of stock tokenization and believes it can revolutionize the financial markets. This would make transactions faster, and billions that are often stuck in settlement delays can be pumped back into the markets almost instantly, generating more wealth over time. Every stock, every bond, every fund—every asset—can be tokenized. If…
Filed under: News - @ May 4, 2025 3:27 pm