Solana reclaims 50-day EMA as tokenization expands and Hong Kong ETF launches
- —SOL trades at $107.86, above its 50-day EMA of $107.49
- —Pando Solana ETF lists on HKEX as Hong Kong's second spot SOL ETF
- —Spot SOL ETFs posted $699,830 in outflows, a sixth straight day
- —RSI near 42 and MACD below zero point to consolidation, not a breakout
Why it matters: Tokenization and new ETF products strengthen Solana's institutional footprint, but persistent fund outflows are capping its recovery.
Source: FXStreet Crypto