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ProShares Ultra Solana ETF (the "Fund") seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Bloomberg Solana Index (the "Index"). The Fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. In this manner, the Fund seeks daily returns that correspond to two times (2x) the price of Solana (SOL). In this manner, the Fund seeks daily returns that correspond to two times (2x) the price of Solana (SOL). The Fund does not invest directly in Solana (SOL). SOL, commonly referred to as Solana, is a digital asset. The ownership and operation of Solana (SOL) is determined by participants in an online, peer-to-peer network sometimes referred to as the "Solana network."
ProShares Ultra Solana ETF trades on the ARCA stock market under the symbol SLON.
As of September 18, 2026, SLON stock price climbed to $37.18 with 124,582 million shares trading.
SLON has a beta of 3.80, meaning it tends to be more sensitive to market movements. SLON has a correlation of 0.11 to the broad based SPY ETF.
SLON has a market cap of $29.89 million. This is considered a Sub-Micro Cap stock.
SLON has underperformed the market in the last year with a return of -88.3%, while SPY returned +16.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in SLON shares. However, SLON has outperformed the market in the last 3 month and 2 week periods, returning +114.7% and +8.6%, while SPY returned +3.0% and -1.8%, respectively. This indicates SLON has been having a stronger performance recently.
SLON support price is $28.75 and resistance is $33.40 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SLON shares will trade within this expected range on the day.