SOL, as the governance token of the Solana platform, is mainly used for collateral. And transaction fees have become the support of its price. The emergence of SOL is not to become an Ethereum killer, but to help Ethereum expand its ecosystem and make DeFi more important
Circulation: 462 million, circulation market value: $66.53 billion, now sol is at position 144
It is reported that
Blackrock submitted an $SOL ETF application in July.
CNBC discussed spot ETFs and pointed out that the approval of the ETH ETF is just the beginning.
CNBC proposed $SOL as the next potential candidate.
This shows that the media has a positive attitude towards sol, suggesting that it is very likely to be approved.
If approved, it will be the next Ethereum, which may rise by 50% to 100%, and may catalyze altcoins to rise by 30 times to 100 times.
