Key facts: Solana Faces Resistance; ETF Registration Filed; Stablecoin Supply Hits $15B
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- Solana (SOLUSD) is trading between $128 and $119, facing resistance in the $130–$144 range, preventing it from reaching the key $145 level.1
- A firm has filed S-1 registration statements with the SEC for Solana exchange-traded funds, marking a significant advancement in the cryptocurrency market.2
- On January 8, Solana's stablecoin supply increased by over $900 million in a single day, reaching a new all-time high total stablecoin supply of over $15 billion on the network.3