SOL: The most dazzling star among altcoins (Strategy Clipping)
SOL has received good news. The Chicago Board Options Exchange, one of the world's largest exchanges and a custodian of multiple Bitcoin and Ethereum spot ETFs, has officially submitted the Solana ETF application of Vanda and 21 Shares to the China Securities Regulatory Commission
Previously, the trillion-dollar giant Vanda was fighting alone, but now 21 Shares has joined and applied for Sol's ETF. This institution is not small. It cooperates with Ark Fund and was the first to launch Bitcoin ETF with BlackRock at the beginning of this year. So since Vanda started, more and more institutions have joined the application for Solala ETF, and each time it is a boost to Sol's price.
The third point is that when the ETF application is submitted, its deadline will be clear, usually 240 days, that is, until February next year, which is exactly the middle of the bull market, so it is still very exciting.
More importantly, his data is really impressive. The 24-hour transaction volume has repeatedly exceeded Ethereum, and the 7-day total transaction volume is also 50-50 with Ethereum, firmly sitting in the top spot.
Solana (SOL) is attracting attention as a fast and scalable blockchain platform. Solana is known for its low transaction fees and fast processing times, and is designed to efficiently support decentralized applications and crypto projects. As more and more developers and projects choose Solana, the value of the token has been steadily climbing. Due to its innovative technology and growing ecosystem, investors believe that SOL is a strong player in the current market cycle. This makes SOL an attractive option for those looking for potential in the altcoin field.
