Bitcoin, Ethereum, Solana Effect! Exciting Forecast for the Cryptocurrency Market!

Burniske, former crypto head of ARK Invest, shared several important developments from his account on the social media platform X, indicating that the cryptocurrency market is on the verge of a major rally.

As a partner of the venture capital firm Placeholder, Burniske stated that the launch of Ethereum-based exchange-traded funds (ETFs), Donald Trump's speech at the upcoming Bitcoin event, and the current state of the BTC, ETH, SOL charts signal a major rise for the cryptocurrency market. “Given the launch of Spot Ethereum ETFs, Trump speaking at The Bitcoin Conference, and the current state of the $BTC , ,$ETH ,$SOL charts, it is difficult not to see a serious rise next week,” the cryptocurrency investor said.

According to the latest news from Reuters, preliminary approval of spot #Ethereum ETFs has been received in the USA and these ETFs are planned to be launched and opened for trading on July 23. Moreover, The Bitcoin Conference, where Trump will speak, will be held on July 25-27.

On the other hand, Burniske added that he is closely following the Move ecosystem developed by technology exchange Meta and Layer-1 Blockchain networks such as Sui (#SUI ) and Aptos (#APT ) derived from this ecosystem. He emphasized that these developments offer important clues for the future of the crypto market.

Burniske also predicts that the total market value of cryptocurrencies will eventually reach $10 trillion. He stated that currently 23 percent of this target has been completed and the market value has reached approximately 2.2 trillion dollars.