If Solana's ETF is approved, Solana's chain ecosystem will definitely take off.
I think we can prepare for $wif $trump $Conan
Family, the heavy bomb is here! The Solana ETF is really about to take off this time! The latest news is that the U.S. SEC suddenly requested all companies applying for the Solana spot ETF to submit revised documents within a week, which has directly compressed the approval time from four months to 3-5 weeks, with results possibly as soon as July 2! Bloomberg analysts have directly stated a 90% probability of approval, which is currently the highest certainty among altcoin ETFs!
Even more explosive is that the SEC has actively requested to include the staking feature in the ETF terms! It's important to note that all previous cryptocurrency ETFs have been banned from staking, but this time they have directly allowed the Solana ETF to hold staking rewards, which is like free money for investors! As soon as the news came out, the price of SOL skyrocketed by 7%, and the market is voting with real money; buying is so crazy that exchanges are getting overwhelmed!
Do you know what this means? Once approved, hundreds of billions of dollars from giants like Grayscale and VanEck will flood into Solana like a torrent. Don't forget that Canada just launched the world's first Solana staking ETF last month, and it was sold out on the first day. If the U.S. follows suit, the market cap of Solana could very likely double from 80 billion to 160 billion! Moreover, Solana's transaction speed and fees already crush Ethereum; this ETF approval is like installing a nuclear-powered engine on a rocket!
The market has already started celebrating in advance. On-chain data shows that whales have been crazily withdrawing $300 million worth of SOL from Binance in the past two days, clearly aiming to buy up before the ETF listing. However, some are worried that the SEC might suddenly change its mind, but looking at how quickly the Ethereum ETF went from submission to approval in just 28 days, Solana's process this time is exactly the same. Even Bloomberg has described the upcoming market as "the summer of altcoin ETFs!"
Finally, a reminder: Solana has now shown a golden cross on the technical front, with the 50-day moving average officially crossing above the 200-day moving average. Historically, every time this signal appears, it has initiated at least three months of a main upward wave. How high do you think Solana can rise this time? Leave your predictions in the comments, share this message with friends who are still watching, and if we get over 10,000 likes, I'll release an analysis of Solana's ecological potential coins tomorrow! 🔥#SOL
Even more explosive is that the SEC has actively requested to include the staking feature in the ETF terms! It's important to note that all previous cryptocurrency ETFs have been banned from staking, but this time they have directly allowed the Solana ETF to hold staking rewards, which is like free money for investors! As soon as the news came out, the price of SOL skyrocketed by 7%, and the market is voting with real money; buying is so crazy that exchanges are getting overwhelmed!
Do you know what this means? Once approved, hundreds of billions of dollars from giants like Grayscale and VanEck will flood into Solana like a torrent. Don't forget that Canada just launched the world's first Solana staking ETF last month, and it was sold out on the first day. If the U.S. follows suit, the market cap of Solana could very likely double from 80 billion to 160 billion! Moreover, Solana's transaction speed and fees already crush Ethereum; this ETF approval is like installing a nuclear-powered engine on a rocket!
The market has already started celebrating in advance. On-chain data shows that whales have been crazily withdrawing $300 million worth of SOL from Binance in the past two days, clearly aiming to buy up before the ETF listing. However, some are worried that the SEC might suddenly change its mind, but looking at how quickly the Ethereum ETF went from submission to approval in just 28 days, Solana's process this time is exactly the same. Even Bloomberg has described the upcoming market as "the summer of altcoin ETFs!"
Finally, a reminder: Solana has now shown a golden cross on the technical front, with the 50-day moving average officially crossing above the 200-day moving average. Historically, every time this signal appears, it has initiated at least three months of a main upward wave. How high do you think Solana can rise this time? Leave your predictions in the comments, share this message with friends who are still watching, and if we get over 10,000 likes, I'll release an analysis of Solana's ecological potential coins tomorrow! 🔥#SOL
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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