SOL (Solana) rose 3.02% in the last 24 hours, reaching a high of 144.47 dollars.

Gate News Bot news, on November 27, according to CoinMarketCap, as of the time of writing, SOL (Solana) is currently priced at $143.84, with a rise of 3.02% in the last 24 hours, reaching a high of $144.47 and a low of $122.27. The 24-hour volume has reached $5.38 billion. The current market capitalization is approximately $80.459 billion, an increase of $2.358 billion compared to yesterday. SOL currently ranks 6th in global Crypto Assets market capitalization.

Important news about SOL recently:

1️⃣ Solana ETF continues to attract inflows Solana spot ETFs have achieved net inflows for 20 consecutive trading days, attracting a total of $568 million. The total net assets of six Solana ETF funds reached $844 million, accounting for approximately 1.09% of SOL's market capitalization. The continuous inflow of funds highlights institutional investors' long-term optimism towards Solana, providing strong support for SOL's price.

2️⃣ Franklin Templeton Launches Low-Fee Solana ETF Franklin Templeton submitted the final application documents for the Solana spot ETF to the SEC, with a fee rate of 0.19%, which is currently the lowest among Solana ETFs. The company will also waive fees for the first $5 billion in assets under management. This low-cost strategy is expected to attract more investors, further promoting the development of the Solana ETF market.

3️⃣ Wormhole Labs launches Sunrise to optimize the Solana ecosystem Wormhole Labs launched Sunrise, a data and liquidity gateway focused on the Solana ecosystem. Sunrise provides a standardized path for external assets to flow into Solana, addressing the issue of liquidity fragmentation when new tokens cross chains. This initiative will promote interoperability and liquidity within the Solana ecosystem, helping to attract more projects and users.

From a technical perspective, the SOL price continues to push forward after breaking the $140 mark, and is likely to challenge the $150 resistance level in the short term. However, on-chain data shows that about 79.6% of circulating SOL is in a loss position, which may trigger profit-taking pressure at higher price levels. Investors need to pay attention to recent institutional fund flows and ecosystem development to assess SOL's medium to long-term trends.

This message is not intended as investment advice; investors should be aware of market volatility risks.