Brothers, breaking news! The big player CoinShares officially submitted an application for a Solana (SOL) spot ETF this morning!
What does it mean? It means you won't have to buy SOL yourself in the future; institutions will bundle it into funds, as easy as buying stocks!
Why is this such a big deal?
This is the second major institution to launch a Solana ETF (the first was VanEck), indicating that large funds are really eyeing SOL!
SOL instantly surged 5%, the market is already buzzing; if the ETF is really approved, a surge is still ahead!
Solana is about to become the third mainstream coin with a spot ETF (the first two are Bitcoin and Ethereum), its status will skyrocket!
What does JinXin think about the future impact on SOL's price?
ETF speculation will drive SOL to continue rising, $200 is not a dream (currently around $155).
If giants like BlackRock and Grayscale also follow suit to apply, it could directly surge to a historical high!
If the US SEC approves, SOL may initiate an 'institutional bull market', and reaching $500 is possible!
JinXin believes that the Solana ecosystem (like JTO, JUP, BONK) will also explode!
What should be done now? JinXin thinks this is a way to go!
Purchase SOL spot in the main account at a low: Before the ETF is finalized, every pullback is an opportunity!
Lightly positioned in the secondary market for Solana ecosystem coins: After the ETF approval, funds will overflow into coins like JTO, JUP, and BONK, prepare in advance!
Specific layout and entry price, follow JinXin's homepage, in the introduction section, a step-by-step guide to get on board.
What do you think?
How much do you think SOL can rise by the end of the year?
Do you believe Solana can surpass Ethereum?
If you find this useful, please like and share, so more brothers can seize this opportunity!
Specific layout and entry price, follow JinXin's homepage, in the introduction section, a step-by-step guide to get on board.
