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🚀🎉 🔔Major Solana Ecosystem Updates A notable update in the Solana ecosystem is the expected launch of an Exchange-Traded Fund (ETF) product. The approval of a potential SOL ETF would give institutional investors the opportunity to invest in the digital asset, and many expect this to drive Solana’s price into bullish momentum. Bloomberg ETF analyst Eric Balchunas noted that approval of a SOL ETF depends on the results of the 2024 U.S. presidential election. In a previous FCEN post , the analyst endorsed it for 2025 if Donald Trump wins. Another major update in the Solana ecosystem is a token unlock scheduled for this month. As CNF previously mentioned , Solana is preparing to unlock 524.03 million tokens worth $81.56 million, which, once released, could increase the fear of selloff.
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