A research report published Thursday by cryptocurrency market maker GSR suggests potential endorsement of the Solana spot ETF, especially in the U.S. due to the upcoming inauguration of President Donald Trump.
According to the report, #Solana (SOL) could be the next #ETF to receive approval after #ЛюбимыйТокен and #ЛюбимыйТокен , which could lead to a significant increase in the cryptocurrency's price.
Drawing parallels to bitcoin's price movement following the approval of its own spot ETF, the report presents three scenarios for Solana's potential price growth: a base case scenario assuming a 1.4x price increase, a 3.4x increase, or the scenario.
GSR, which holds a long position in Solana, notes a marked change in the political climate around #cryptocurrencies in recent months. Cryptocurrencies are quickly gaining attention as a potential wedge in the upcoming election between incumbent Democratic President Joe Biden and his presumptive Republican rival, former President Donald Trump.
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