Solana Price Prediction: Franklin Templeton Launches OnChain US Government Fund On Solana As This SOL Layer-2 ICO Goes Parabolic
The Solana price jumped 1% in the last 24 hours to trade at $197.81 as of 10:46 p.m. EST as investors slowly start to buy into the altcoin. This uptick in the SOL price comes after Franklin Templeton, a US-based financial services company with $1.6 trillion worth of assets under management, announced on Feb. 12 that it launched its OnChain US Government Money Fund on the Solana blockchain. Breaking news: $1.5T AUM firm Franklin Templeton’s tokenized money market fund (FOBXX) is now available on Solana! This is finance evolving in real-time 🧵 pic.twitter.com/Yuv3otnuOk — Solana (@solana) February 12, 2025 Solana Price Rebounds From Support 4-hour chart for SOL/USD (Source: GeckoTerminal) The Solana price rebounded from the $188.73 support in the last 12 hours and is now rising towards the closest resistance at $204.51, according to GeckoTerminal data . Should SOL break above the $204.51 barrier within the next 12 hours, it could have the technical foundatio...