【2025/5/1 Cryptocurrency SOL ETF High Probability of Approval? Ripple Shot Down by Circle, BTC Viewed as a Safe-Haven Asset】

Solana ETF has a 90% chance of being approved in 2025!

✅ SOL is likely to become the third mainstream spot ETF after Bitcoin and Ethereum.

🏆 ETFs are seen as a legitimate entry point for funds into the crypto market. If SOL ETF becomes a reality, traditional institutional funds are expected to flow in massively.

🏆 For those optimistic about ETF themes, you can start monitoring SOL and other assets in ETF applications.

The US Q1 GDP annual growth surprisingly stands at -0.3%, indicating a cooling economy.

✅ This is the worst figure since mid-2022, indicating downward pressure on the US economy, and it may even enter a technical recession.

🏆 Economic slowdown → Markets will expect interest rate cuts → Funds may return to risk assets (cryptocurrencies).

The US April ADP employment increase was below expectations, with only 62,000 jobs added.

✅ This marks the smallest increase in nearly a year, indicating that the job market is also starting to cool.

✅ Poor employment → Decreased inflation pressure → The Federal Reserve has more room to cut interest rates.

🏆 This is a bullish signal for cryptocurrencies and the stock market, as the cost of funds will decrease.

Galaxy plans to list on NASDAQ on May 16, venturing into the traditional market.

✅ This makes it easier for traditional investors to access the crypto industry.

✅ Investor confidence will be boosted, and more funds may enter the crypto space through Galaxy.

🏆 Observe Galaxy-related holdings.

BlackRock executives: Bitcoin may become a "low-risk asset."

✅ Bitcoin has decoupled from US stocks and has shown stable performance under political risks.

✅ Its future positioning may be closer to "gold."

🏆 Bitcoin is more suitable for long-term asset allocation.

Ripple's offer to acquire stablecoin giant Circle was shot down.

✅ They offered $4-5 billion, but Circle felt it was too low and rejected it outright.

🏆 In the short term, this has little impact on XRP, but in the medium term, it will affect its positioning in the stablecoin market.

BNB Chain's overall data is exceptionally bright, with TVL and revenue both significantly increased.

✅ First-quarter revenue reached $70.8 million, with substantial growth in trading volume and users, introducing new technologies and developer incentives.

✅ This shows that the entire BNB ecosystem is warming up again, especially chains that can maintain growth during a bear market are worth paying attention to.

🏆 Monitor whether BNB's price rebounds due to increased network activity.