A Solana Etf is closer to reality, with Bloomberg analysts who give them a shot of 70% to the approval of the century. But the real Shocker today is how we didn’t realize that $ Trump was the best signal for Solana ($ sol).
Following the success of the Bitcoin Ed Ethereum Ethereum, Solana could mark the next evolution in measuring the blockchain with conventional finance, promising a wider adoption and a renewed image.
Sol is a security and the Etf Solana is screwed?
Solana is to a regulatory crossroads. Unlike Bitcoin Ethereum, which the century deals with goods, Solana deals with the risk of being labeled a safety, a move that could derail the approvals of the ETF.
Eric Balchunas of Bloomberg emits the chances of approval at 70%, but a classification movement could slam the brakes on progress. With the new Pro-Crypt leadership of the century that attracts public input on Solana ETF documents, the result could be a precedent for future blockchain activities.
Break
Binance is selling all their participations in Solana pic.twitter.com/jgjy5mrixn
– Crypto Beast (@cryptobeastreal) February 25, 2025
The Etf Solana race is active and Franklin Templeton is opening the road with a proposal with a rare touch: rewards. With $ 1 trillion of activities in activity and custody based on coinbase that provides security, the fund would do it connect investors directly At the price of Solana generating token -based income.
Meanwhile, Grayscale, Vaneck, Betwise and others reflect a growing appetite for Sol products.
It is significantly put aside is Blackrock, the undisputed giant in cryptographic Etfs. With $ 11.6 trillions of dollars in management and dominance in the Etf Bitcoin and Ethereum, the silence of the company on $ Sol has raised the eyebrows. Citing the priorities of customers and liquidity concerns, Blackrock’s next move is the assumption of anyone.
Have meme coins ruined solana?
A topic is growing online that Solana has ruined the cryptocurrency. He gave billions to the jees (only left from the first traders) and the rules were frauded.
Solana has been enchanted in recent years as a “meme chain”. However, an ETF could legitimize its wider skills such as high performance blockchain for finance and trade. On the contrary, it could be too late for Sol.
The Solana meme coins and the bond are only a digital version of BCCI, honestly. One day this will be common knowledge.
– Whitney Webb (@_whitneywebb) January 19, 2025
Solana’s dream of becoming “Nasdaq of Blockchain” was blurred by her attachment to volatile projects. The institutional level ETFs, however, could rewrite that narrative, pushing Solana towards traditional financial acceptance. Bitcoin Etfs have already collected $ 40 billion and Ethereum is not very behind.
The approval of the ETF could further open the sole doors to traditional finance, increasing the adoption of tools such as Solana Pay, its encrypted encrypted payment system based on the QR code.
Where will the Sol Price price come?
Just like Ethhereum’s hegemony L1 has been threatened by only years ago, $ Sol is now on the rear foot until an ETF is approved. Calls as on the, BNB and XRP do not go anywhere.
Solana is still the giant when it comes to L1 domain. However, it remains to be seen if this new chapter will satisfy the similar vision of Solana’s Nasdaq.
Explore: the XRP price jumps 11% after the SEC Tease XRP Etf progress cryptographic unit
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Keyway keyway
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A Solana Etf is closer to reality, with Bloomberg analysts who give them a shot of 70% to the approval of the century.
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Just like Egemonia L1 of Ethereum has been threatened by only years ago, $ Sol is now on the rear foot.
Will the post approved a Solana ETF in March 2025? The Sol price could go up to the stars while Blackrock remains in narrow letters appeared first out of 99bitcoin.