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Solana Price Eyes Breakout to $300 As Bitwise Solana Staking ETP Goes Live

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Summary
Nutrition label

68% Informative

Solana price is up 1.74% trading at $ 217 as Bitwise launches the Solana staking ETP in Europe with the ticker BSOL.

Bitwise already holds a presence in the European Solana ETP market with its ESOL product having $24 million in assets under management.

ESOL has faced investor criticism due to its lack of staking rewards, a feature that has been increasingly profitable for Solana investors.

The development comes within a month of Bitwise filing for a Solana ETF in the US .

VR Score

53

Informative language

45

Neutral language

9

Article tone

formal

Language

English

Language complexity

44

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not offensive

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Time-value

short-lived

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