‘Solana ETF approval in 2025’ confirms Nate Geraci – SOL reacts
Nate Geraci, the president of the ETF Store, has made a bold prediction regarding Solana ETF approval. According to his statement, he expects spot Solana ETFs to be approved in 2025.
This prediction has sent shockwaves through the cryptocurrency market, particularly affecting the Solana community. The news has triggered a significant reaction from SOL investors and traders alike.
The prediction comes at a time when the cryptocurrency is currently undergoing a price correction. In the past, Bitcoin’s performance following ETF approval has led to a similar rally in other cryptocurrencies. With Nate Geraci’s confirmation of spot Solana ETFs being approved in 2025, experts anticipate a similar pattern for SOL.
A symmetrical triangle price action pattern on the four-hour chart suggests that a breakout above $196 could propel the asset by 18% to 20%, reaching the $233 mark in the near future.
Source: ambcrypto.com