Solana ETF: A New Chapter for Altcoins
Solana (SOL), known for its speed and scalability, is gaining prominence with the launch of ETFs in the US and Brazil. The Grayscale ETF, approved by the SEC, includes Solana alongside giants like Bitcoin and Ethereum. Additionally, the Rex-Osprey ETF, the first with on-chain staking, offers yield to investors and marks an important regulatory advancement.
Solana's priority among altcoins:
- High scalability: Capable of processing thousands of transactions per second.
- Native staking via ETF: Innovation that attracts institutional investors.
- Growing adoption: Solana already represents about 3% of the Grayscale ETF.$ETH