🚀Solana (SOL) could potentially see a 9x price surge if spot Solana ETFs get the green light in the US, says crypto market maker GSR Markets. Imagine, from $149 to over $1,320 per SOL! 💸

In a world where Solana is part of the "crypto big three," GSR's "blue sky scenario" could push Solana's market cap to a whopping $614 billion. 🤯

But let's not get ahead of ourselves. GSR's "bear" and "baseline" scenarios predict a more modest 1.4x and 3.4x price increase, respectively. Still, not too shabby, right? 🤷‍♂️

However, the road to Solana ETF approval might be a bumpy one. The SEC and its Chair, Gary Gensler, have labeled SOL as a security, potentially making the approval process a bit more challenging.

But hey, who doesn't love a good challenge? After all, VanEck and 3iQ are already in the race, filing for a spot Solana ETF in the US and Canada.

So, what's your take on this? Will Solana be the next big thing in the crypto ETF world? Or is it just a pipe dream? Let's chat in the comments below! #DeFi #Web3 #Technology