#SOLETFsOnTheHorizon The success of the recently launched spot Ethereum ETFs, plus strong performance this week for SOL, the native cryptocurrency of the Solana blockchain, has the cryptocurrency world buzzing about the potential for a Solana spot ETF.
SOL has been volatile in 2024 but jumped 30% Wednesday amid renewed enthusiasm around the cryptocurrency and Solana platform.
Whether or not speculation about a spot Solana ETF becomes reality, the timing is good to learn how the cryptocurrency works and how the blockchain platform is challenging traditional players with its high speed and low transaction costs.