Recently, there have been signs of a rebound in the cryptocurrency market, with prices of major digital currencies such as Bitcoin and Ethereum seeing an uptick.
At the same time, a series of significant positive news is brewing, which may bring a new wave of growth to the crypto market.
Firstly, it is worth noting that the likelihood of the Solana spot ETF being approved is increasing. On the prediction platform Polymarket, the probability of the SOL spot ETF approval has soared to 86%, a figure that has attracted widespread attention from the market.
It is reported that January 25 may become a key time node for this event. The strong performance of SOL's price may be related to this news, as many investors have begun to position themselves in advance, anticipating the official approval of the SOL spot ETF.
Meanwhile, the U.S. Securities and Exchange Commission's approval standards for new spot ETFs are also under close scrutiny. The SEC mainly focuses on the degree of decentralization of the project and whether there is a possibility of market manipulation.
With the new SEC chairman taking office on January 20, the progress of the SOL spot ETF and the Ethereum staking ETF will also become the focus of market attention.
In addition, Trump is set to return as President of the United States on January 20, 2025, and his return is seen as a major positive for the crypto market.
Trump has always maintained a friendly attitude toward cryptocurrencies, and it is expected that he will introduce more policies to support blockchain and digital assets after taking office. This will provide a more favorable policy environment for the crypto industry and promote its steady development.
Aside from political factors, FTX's debt repayment plan will also inject new vitality into the crypto market. Starting January 6, FTX will launch a debt repayment plan totaling up to $16 billion, expected to be completed within 60 days.
The influx of this massive capital will greatly boost market liquidity, improve market sentiment, and may lead to a price rebound.
Regarding Ethereum, the official launch of the staking feature and the Prague upgrade are also highly anticipated.
It is reported that the Ethereum staking feature will open applications in January, with a significant amount of capital already positioned in advance. This feature is expected to attract more users to participate, further enhancing Ethereum's ecological value.
As an important technical upgrade for Ethereum, the results of the Prague upgrade will also be revealed in January. Although there is a possibility of delays, the market remains confident in Ethereum's long-term growth.
