SOLT is trading at $61.12, up 2.55%, in a move consistent with a rebound in Solana.

  • SOLT is a leveraged ETF targeting 2x Solana’s daily performance.
  • Recent reporting linked SOLT’s after-hours gains to a Solana rebound. Solana’s Alpenglow network upgrade is scheduled for October 21, but reporting does not establish it as the direct cause of SOLT’s current move.
  • The broader market is mixed; no SOLT-specific company announcement was found.