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What’s Driving the Surge in Interest for SOL, ARB, and SEI Today?


by Parth Dubey
for CoinEdition
Solana, Arbitrum, and Sei are leading the market with significant daily gains.
  • Solana rallied on ETF approval hopes and strong institutional backing.
  • Arbitrum jumped amid Robinhood partnership speculation and tokenized stock launches.
  • Sei broke out of a long-term downtrend, boosted by regulatory praise and growing DeFi activity.

The crypto market is in green once again as Bitcoin soared past $108K. Three tokens – Solana (SOL), Arbitrum (ARB), and Sei (SEI) – have emerged as the clear frontrunners in today’s rally, printing substantial gains in the past 24 hours.

Solana (SOL): ETF Momentum

Solana surged past the $151 mark today, gaining nearly 2% in the past 24 hours as Nate Geraci, president of The ETF Store, pointed to the SEC’s impending decision on the Grayscale Digital Large Cap ETF (GDLC).The decision could come as early as this week. 

The GDLC includes SOL among its holdings, along with Bitcoin, Ethereum, XRP, and Cardano. A green light for GD…

The post What’s Driving the Surge in Interest for SOL, ARB, and SEI Today? appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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What’s Driving the Surge in Interest for SOL, ARB, and SEI Today?


by Parth Dubey
for CoinEdition
Solana, Arbitrum, and Sei are leading the market with significant daily gains.
  • Solana rallied on ETF approval hopes and strong institutional backing.
  • Arbitrum jumped amid Robinhood partnership speculation and tokenized stock launches.
  • Sei broke out of a long-term downtrend, boosted by regulatory praise and growing DeFi activity.

The crypto market is in green once again as Bitcoin soared past $108K. Three tokens – Solana (SOL), Arbitrum (ARB), and Sei (SEI) – have emerged as the clear frontrunners in today’s rally, printing substantial gains in the past 24 hours.

Solana (SOL): ETF Momentum

Solana surged past the $151 mark today, gaining nearly 2% in the past 24 hours as Nate Geraci, president of The ETF Store, pointed to the SEC’s impending decision on the Grayscale Digital Large Cap ETF (GDLC).The decision could come as early as this week. 

The GDLC includes SOL among its holdings, along with Bitcoin, Ethereum, XRP, and Cardano. A green light for GD…

The post What’s Driving the Surge in Interest for SOL, ARB, and SEI Today? appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Solana Outperforms Bitcoin; Possibly Poised to Follow Ether's Recent 200% Rally, Says Analyst

Solana Outperforms Bitcoin; Possibly Poised to Follow Ether's Recent 200% Rally, Says Analyst

SOL is the "most obvious long right now," fueled by up to $2.6 billion demand from cr...
BTC, XRP, SUI, TON, KAS, FTM Price Analysis: Has the Bottom Been Found?

BTC, XRP, SUI, TON, KAS, FTM Price Analysis: Has the Bottom Been Found?

A much-needed bounce is running across crypto. Daily momentum gauges have reset, buye...