Mainly because of this incident, SOL has risen sharply for several days, almost independently from the BTC and ETH market. Of course, it has also driven the continuous rise of similar currencies such as AVAX. It is said that if the bull market comes, SOL will rise more than nine times. How can it not be exciting!
VanEck: VanEck Solana Trust is the first Solana ETF applied for in the United States
Matthew Sigel, head of digital asset research at VanEck, said that he has applied to the U.S. Securities and Exchange Commission (SEC) for the Solana ETF. This new fund is called VanEck Solana Trust and is the first Solana ETF applied for in the United States. He said: "The function of the native token SOL is similar to other digital commodities such as Bitcoin and Ethereum. It is used to pay transaction fees and computing services on the blockchain. Like ETH on the Ethereum network, SOL can be traded on digital asset platforms or used for peer-to-peer transactions."
