CNBC dropped a hint at the possibility of a Solana (SOL) ETF following the approval of an Ethereum ETF. This news has ignited interest in Solana-based altcoins, with many analysts predicting major growth potential for projects within the Solana ecosystem.

Top 10 Solana-based coins to watch

Cryptocurrency analyst Chain Mind has compiled a list of 10 Solana-based altcoins that show promising growth prospects in light of the potential SOL ETF approval.

  • Star Atlas (ATLAS): A blockchain-based gaming metaverse with a market cap of $44M and a price of $0.002.

  • Parcl (PRCL): A perpetuals exchange for real estate synthetics with a market cap of $27M and a price of $0.22.

  • Aleph (ALEPH): A storage and function execution network with a market cap of $61M and a price of $0.24.

  • Tensor (TNSR): A platform offering blockchain data and NFT tools with a market cap of $78M and a price of $0.63.

  • Ninety-Eight (C98): An ecosystem supporting blockchain companies with a market cap of $140M and a price of $0.18.

  • Zebec (ZBCN): An infrastructure for real-world value flows with a market cap of $63M and a price of $0.001.

  • Frax Finance (FXS): A stablecoin protocol with a market cap of $270M and a price of $3.3.

  • Jito (JTO): Solana’s liquid staking token offering staking and MEV rewards with a market cap of $295M and a price of $2.4.

  • Curve Finance (CRV): An exchange for efficient trading of stablecoins and volatile assets with a market cap of $416M and a price of $0.33.

  • Helium (HNT): A wireless network for IoT and cellular devices with a market cap of $556M and a price of $3.4.

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Chain Mind suggests that these Solana-based altcoins could potentially see 50-100x growth following the approval of a SOL ETF. The analyst bases this prediction on the observed performance of Ethereum following its ETF approval, which saw a 30% increase. Chain Mind speculates that Solana could experience even more growth of 60-100% post-ETF approval.

Also read: Why Is the Crypto Market Down Today?

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The post Solana ETF Anticipation Sparks Interest in SOL-Based Altcoins: Here Are 10 Cryptocurrencies to Watch appeared first on CaptainAltcoin.