An application for a Solana ($SOL) ETF has been submitted to BlackRock, a move that shows interest in the Solana ETF from the world's largest venture capital firm.
If these rumors are confirmed, Solana’s altcoin could experience significant gains, reportedly reaching 10x or more.
The approval of the ETF may be an important opportunity for Solana’s future development, similar to the approval of the Ethereum ETF, which increased its price by 25%. Some companies such as VanEck and 21Shares have already submitted proposals for the Solana ETF, and the addition of BlackRock will further increase the likelihood of its approval.
Here are a few altcoins with promising prospects on Solana:
JUP
Price: $0.81 Market Cap: $1.1 billion Jupiter is the primary liquidity aggregator on the Solana blockchain, providing optimal trading paths for all token pairs.
JTO
Price: $2.31 Market Cap: $285 million Jito offers liquid staking tokens on the Solana blockchain with MEV rewards.
IO
Price: $3.33 Market value: $313 million ionet is a Solana-based network that allows users to share unused GPU capacity with AI companies in need of computing power.
TNSR
Price: $0.65 Market Cap: $75 million The Tensor Market is the second largest NFT market on Solana, through innovative use of blockchain technology.
PRCL
Price: $0.22 Market value: $26.9 million Parcl v3 is a perpetual contract exchange for real estate synthetic assets, supporting cross-market perpetual trading.
DRIFT
Price: $0.43 Market Cap: $78 million DriftProtocol is an open source decentralized trading platform on Solana that provides transparent crypto trading.
RAY
Price: $1.64 Market Cap: $431 million RaydiumProtocol is a DeFi protocol on Solana that enhances the liquidity of the ecosystem.
NEON
Price: $0.47 Market Cap: $42M Neon EVM facilitates dApp development and deployment from the EVM chain to Solana.
These altcoins play an important role in Solana’s ecosystem, and if the Solana ETF is approved, they are expected to benefit from it, potentially experiencing significant market gains. #ASI代币合并计划 #Mt.Gox将启动偿还计划 #币安合约锦标赛 #美国6月非农数据高于预期 #TON
(Junyang’s early review strategy analysis of Bitcoin and Ethereum from Monday to Saturday, long-term irregular recommendation of high-quality individual coins and live broadcast analysis)
