The Fed is about to cut interest rates! Whales are scrambling to hoard coins!
1. In the past, the application for Solana ETF was mostly led by the financial giant Vanda, but now, the addition of 21 Shares has undoubtedly added more color to this feast. 21 Shares, behind this name is the in-depth cooperation with industry giants such as Ark Fund. At the beginning of the year, it joined hands with BlackRock to launch the Bitcoin ETF, and its influence cannot be underestimated. This cooperation marks the further expansion of the Solana ETF application camp. Every time an institution joins, it is a strong endorsement of Solana's value.
2. With the formal submission of the ETF application, a clear time window is also opened. Generally speaking, this approval process takes about 240 days, that is, until the early spring of next year. At that time, it is the key node of the bull-bear conversion in the crypto market. If Solana's ETF can be successfully approved, it will undoubtedly inject a strong spring breeze into the market and push its price to a new high.
3. Solana's own performance is also remarkable. Its 24-hour trading volume frequently surpasses Ethereum, and its seven-day total trading volume is evenly matched with the latter, firmly sitting at the top of the cryptocurrency trading volume list. This is not just a string of cold numbers, but also the market's deep recognition of Solana's potential and value.
We have reason to believe that Solana's potential is far from being fully tapped. In the future bull market, its price is expected to break through many obstacles and point to the glorious heights of 700 or even 1,000 US dollars. As for another highlight in the Solana ecosystem, WIF, as the leader of the on-chain dog, although it deserves proper attention, remember not to bet heavily. After all, a decentralized strategy is the only way to resist the wind and waves and move forward steadily.
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Let's talk about Pepe again. Its unique rise and fall cycle and clear bottom signal provide us with valuable operational guidance. Every time it pulls back to the 50%-60% range, it is often a great time to enter the market. After several weeks of consolidation, Pepecoin is expected to usher in explosive growth again, and the next wave of growth is expected to reach a new high of $0.025 to $0.03. Especially when the Ethereum ETF is about to be issued, it is particularly important to seize this opportunity. #美国6月CPI大幅降温 #美国大选如何影响加密产业? #美联储何时降息?