The former richest Chinese man's "release from prison" may be delayed... Solana's three major positives have exploded!
First of all, Solana's three major positives are quietly unfolding like a thunderbolt!
The first positive is that Sol's ETF has made a huge breakthrough, because the SEC has canceled the definition of it as a security in the latest document. This amazing move is regarded by the industry as paving the way for its ETF early next year!
And the root of all this is the suffocating pressure of the US election! Not only did the SEC unexpectedly approve the Ethereum ETF before, but even Trump made a shocking statement, claiming that he would decisively fire Gensler after his election. Tell me, can the SEC not panic like an ant on a hot pot?
The release time of Binance founder and former richest Chinese man Zhao Changpeng (CZ) may be ruthlessly postponed, and the tentative date is currently scheduled for September 29. By then, BNB and even the entire cryptocurrency community may be involved in a super-heat storm, turning the world upside down! So it is obvious that the major positive factors in the cryptocurrency community, including interest rate cuts, elections, and FTX repayments, are all concentrated around October as if agreed. Therefore, the current situation is more about suffering in the long tug-of-war.
Mentougou started the crazy selling mode again after a week, because it had vowed to complete the repayment before October, so it may be sold crazily every one or two weeks recently. At present, there are still more than 2 billion waiting to be issued. This is undoubtedly a heavy bomb hanging over the cryptocurrency community!