Recently, Larry Fink announced the firm's plans to index the private market and openly hinted at the SOL ETF application.
BlackRock has a 99.9% success rate for ETFs, and its Solana ETF application means that it will be approved.
GSR also did research on SOL ETFs and found SOL price impacts under various inflow scenarios.
Bear scenario: 1.4x pump
Baseline scenario: 3.4x pump
Bull scenario: 8.9x pump
This means that in a bull-case scenario, SOL could hit $1500 in 2025.
But this'll not only impact SOL.
SOL ecosystem tokens will pump even harder and could go 10x-20x.
Here is the list of Solana gems that'll go parabolic.
▪️ $JTO
JITO is a liquid staking protocol on Solana, utilizing a stake pool model.
➢ Price: $2.23
➢ Market Cap: $283 Million
▪️ $MEW
MEW is a cat in a dogs world out to save the world from other dog coins
➢ Price: $0.0040
➢ Market Cap: $367.8 Million
▪️ $KMNO
Kamino Finance is a DeFi protocol that integrates lending, liquidity provision, and leverage
➢ Price: $0.037
➢ Market Cap: $37.9 Million
▪️ $WIF
dogwifhat is a dog-inspired memecoin based on the Solana blockchain.
➢ Price: $1.85
➢ Market Cap: $1.92 Billion
▪️ $PRCL
Parcl is a decentralized real estate trading platform that allow users to speculate on price movements of real estate markets
➢ Price: $0.21
➢ Market Cap: $26.5 Million
▪️ $JUP
@Jupiter 🪐 is a Solana-based DEX aggregator, and optimizes for the best available swaps between any supported token pair
➢ Price: $0.77
➢ Market Cap: $1.07 Billion
▪️ $PYTH
@Pyth Network is an oracle project designed to bridge the gap between Web2 and Web3 by providing real-time, high-fidelity market data.
➢ Price: $0.309
➢ Market Cap: $1.16 Billion
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