$SOL

🚨The news on Solana🚨

It is also necessary to add that some news is circulating that could impact the price of Solana.

The first is that the SEC is reviewing as many as seven requests for the issuance of spot ETFs on SOL.

The fact is that by the end of the year, the agency will most likely make a decision, and the thing that seems most likely is that it will end up approving them.

It should be remembered that last year the launch on the stock exchange of ETF su ETH spot did not cause the price of Ethereum to rise, which instead fell due to the sales of Grayscale’s fund. This specific dynamic should not happen for Solana, but it is not at all certain that the launch on the stock exchange of crypto ETFs can help the price of the underlying to rise.

Bitcoin has strongly benefited from the launch of spot ETFs on the US exchanges, but it is a case that should be considered separately.

However, there is another potentially very positive news for Solana.

A couple of days ago, the co-founder and CEO of the famous exchange Bybit, Ben Zhou, announced the launch of Byreal, an on-chain incubated DEX based on Solana.

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