The news that BlackRock will apply for $SOL ETF in July has far-reaching significance for the altcoin market, especially for projects related to SOL. If you missed the opportunity with $WIF and $BOME, now is your second chance. After an in-depth study of the SOL ecosystem, Shiguang found 10 altcoins that are about to explode. We recently speculated that $SOL, $XRP, and $DOGE could be the next batch of cryptocurrencies to get ETFs. Among them, $SOL seems more likely to be approved first. It is reported that BlackRock has launched the application process for the SOL ETF in July. The news of the Bitcoin ETF pushed BTC to a new high before the halving. The Ethereum ETF is expected to go live in early July, which will also drive a sharp rise in ETH. If Solana encounters the same situation, we may see a surge in the price of SOL and altcoins in its ecosystem. But who will benefit the most from it?

$TNSR

Price: 0.6566 USD

Market value: $82 million

Tensor provides advanced NFT trading capabilities, including real-time data and AMM pools.

Currently, more than 60% of NFT activity on SOL takes place on Tensor.

Tensor aims to make NFT trading as fun and efficient as cryptocurrency trading

$RAY

Price: $1.47
Market value: $387 million

Raydium is the largest automated market maker (AMM) and liquidity provider on Solana.

All SOL memecoins first establish their own liquidity pools on Raydium.

$IO

Price: $3.88
Market value: $368 million

Although the token has just been launched, they have already become the leading Decentralized Infrastructure Network (DePIN) project on Solana.

$IO aims to aggregate GPUs from various sources, including projects like Filecoin and Render, to ensure fair use of computing power.

$NEON

Price: $0.6592
Market value: $37 million

Neon provides a fully Ethereum-compatible environment that enables developers to deploy Ethereum dApps on Solana. This allows them to take full advantage of SOL’s high speed and low cost.

 $FRONT

Price: $1.02
Market value: $89 million

FRONT is a non-custodial wallet that allows users to store, stake, exchange, and bridge cryptocurrencies and NFTs. Supports over 4,000 currencies, 69 blockchains, and DeFi integration. DeFi support across multiple blockchains is a huge advantage of $FRONT.

 $SLERF

Price: $0.2403
Market value: $120 million

SLERF had a rocky start, with the development team accidentally burning through $10 million. However, a strong community helped the project regain its momentum - community support is crucial in the memecoin space, and SLERF has been successful thanks to its strong community. The team has also recently launched a series of NFTs.

 $WEN

Price: $0.0001
Market value: $80 million

Wen is a SOL memecoin with a partial NFT integration. Holders can have partial ownership of the poem "Love Letter to Brother Wen" written by the founder of @JupiterExchange. Getting support from Jupiter may help the development of WEN.

$WIF

Price: $2.05
Market value: $2 billion

$WIF is the flagship memecoin in the SOL ecosystem. As trading volume increases, it is expected to become one of the earliest memecoins to break out.

$PONKE

Price: $0.3342
Market value: $166 million

PONKE is a monkey-themed memecoin that represents a depraved gambler with anger issues. It has over 48,000 holders, has been listed on multiple centralized exchanges, and has one of the strongest memecoin communities.

$MOTHER

Price: $0.08484
Market value: $84 million

MOTHER, one of the few celebrity memecoins that has not been completely hyped and dumped, is a memecoin created by rapper Iggy Azalea. The coin has been listed on centralized exchanges and will be used to purchase mobile phones and monthly mobile phone plans, which will come from the rapper's company.

All content in this post reflects my personal opinions and does not constitute financial advice.