The Solana update v1. 18.15 can improve network activity, help solve congestion issues and increase investor confidence in Solana technology. Thus, this update is a positive technical step, and regulatory and political factors will play a more decisive role in the approval of Solana ETFs.
The recent approval of the Spot Ether #ETF has raised high hopes for #Solana ETF approval. However, the approval of the Solana ETF depends on other aspects of regulation and the outcome of the U. S. presidential election in 2024, which could determine further developments in #cryptocurrency regulation and the approval of the Solana ETF.
Former President Donald Trump, who is campaigning for re-election, has expressed support for #cryptocurrencies and has been labeled a "crypto-president. " If Trump wins, getting approval for the Solana ETF will be easier.
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