ETH's spot ETF has been approved, and the pressure is on SOL. SOL's spot ETF is also going to be approved. The approval of Ethereum's spot ETF is indeed an important milestone in the cryptocurrency market, which is of great significance to ETH, the second largest cryptocurrency. At the same time, some people believe that if the Ethereum spot ETF is approved, SOL (Solana), as the next potential target to pass the spot ETF, may receive more attention from the market. Daniel Yan, co-founder of Matrixport, mentioned in his article that if the Ethereum spot ETF is really approved in the next two days, the mainstream investment target for most people may be to buy ETH, but this may mean that SOL is the next one.

In addition, some analysts pointed out that if the Ethereum spot ETF is approved, it may pave the way for spot ETFs of other cryptocurrencies, including SOL. Although there is no direct evidence that SOL's spot ETF has been or will be approved, the market's expectations and discussions about such financial products may increase, which will have an impact on SOL's price and market position. $ETH $SOL