Fidelity Amends S-1 for Solana ETF: Is SOL Price Set to Rally?

Solana price remains resilient above the $190 mark, showing signs of bullish momentum despite recent market volatility. The general crypto market experienced a bearish trend in the past 48 hours, which was mostly fueled by investor apprehension. This is after the Federal Reserve of the United States lowered the rates by 25 basis points. Chair Jerome Powell’s comments on persistent inflation and policy uncertainty triggered reduced risk appetite.