A research report published Thursday by cryptocurrency market maker GSR suggests potential endorsement of the Solana spot ETF, especially in the U.S. due to the upcoming inauguration of President Donald Trump.
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According to the report, #Solana (SOL) could be the next #ETF to receive approval after #ЛюбимыйТокен and #ЛюбимыйТокен , which could lead to a significant increase in the cryptocurrency's price.
Drawing parallels to bitcoin's price movement following the approval of its own spot ETF, the report presents three scenarios for Solana's potential price growth: a base case scenario assuming a 1.4x price increase, a 3.4x increase, or the scenario.
GSR, which holds a long position in Solana, notes a marked change in the political climate around #cryptocurrencies in recent months. Cryptocurrencies are quickly gaining attention as a potential wedge in the upcoming election between incumbent Democratic President Joe Biden and his presumptive Republican rival, former President Donald Trump.
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