Solana has had a bad week; the token underwent a significant price fall. But when buying pressure increased, Solana began to show signs of recovery, as seen by the price gain over the previous day. The most recent changes in the Solana ecosystem indicate that the coin could experience significant gains in the near future. To make Helium faster and more affordable, the crypto connection project Helium switched to the Solana blockchain on Tuesday. Additionally, Grayscale Investments disclosed that the Grayscale Solana Trust had begun trading on the OTC Markets under the ticker GSOL.
Retail investors can obtain exposure to the token without actually owning it thanks to the Solana Trust, which tracks the price of Solana. As of this writing, the trust has $2.9 million invested in Solana, bringing the total number of investment products for digital currency offered by Grayscale that are traded on OTC Markets to 16. Solana is currently trading with a positive signal above its 50-day SMA, raising the possibility that the coin may begin a long-term bull run.
