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The SEC has directed Solana ETF applicants to resubmit filings by July 31, potentially accelerating approval ahead of the October 10 deadline. Market sentiment shows 99% confidence in approval by year-end.
Strategy filed a $4.2 billion share sale to further expand its Bitcoin treasury following record Q2 profits. The firm now holds 594,325 BTC worth $64.4 billion.
Solana may be gearing up for a bull run, having risen from around $125 to its current price above the $151 support level.