Solana prices are likely to experience a significant rise following the Federal Open Market Committee (FOMC)'s decision to keep interest rates unchanged. This move could result in volatility, pushing the asset's value towards the $150 mark.
FOMC Decision and Its Impact on Solana Prices
The FOMC has announced that interest rates will remain unchanged. This decision is expected to be a catalyst for significant changes in the crypto market, potentially causing Solana prices to swing significantly. Some analysts believe the asset's value could reach $150.
New Solana Futures-Based ETFs
In addition to the FOMC decision, two ETFs tied to Solana futures are set to debut today. Volatility Shares LLC is launching the Volatility Shares Solana ETF (SOLZ), which tracks Solana futures, and the Volatility Shares 2X Solana ETF (SOLT), offering enhanced exposure. These ETFs present new trading avenues with management fees of 0.95% for SOLZ and 1.85% for SOLT.
Trump's Crypto Speech
Solana's price may surge as US President Donald Trump is set to speak at the Digital Asset Summit in New York City. His statements on crypto policies and regulation could spark bullish momentum, especially if he signals support for cryptocurrency or provides regulatory clarity.
With market positivity and support from the FOMC decision, Solana's prices remain a venture to watch in the coming months.
