🟢 SOLT is trading 7.79% up in pre-market after Solana extended its weekly rally

SOLT is trading 7.79% up in pre-market at $47.30 after Solana extended its weekly rally, supported by expectations surrounding the U.S. Treasury’s decision to double long-term bond buybacks and stronger institutional demand for SOL.

• As a 2x Solana ETF, SOLT seeks twice Solana’s daily performance, increasing sensitivity to the underlying token’s gains.
• No new SOLT-specific corporate announcement or earnings catalyst was identified.