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The potential of Solana for spot ETF approval.
The cryptocurrency market is currently focused on the expected approval of a spot ETF for Ethereum by the U.S. Securities and Exchange Commission (SEC). Against this backdrop, Daniel Yan, co-founder of Matrixport, speculated that Solana ( $SOL ) could be the next cryptocurrency in line for spot ETF approval.
Spot #Ethereum ETF decision fuels speculation: Solana considered as the next beneficiary
With the inevitable SEC decision on the creation of a spot ETF on Ethereum, speculation about the next cryptocurrency to follow suit is intensifying. Daniel Yan believes that #Solana is a strong contender, potentially poised to benefit from the momentum created by Ethereum's success. He draws parallels with the approval of the #Bitcoin ETF, which significantly boosted market value and interest in Ethereum. After the launch of the spot #BTC #ETF in the U.S., the ETH/BTC pair grew by 12% in a week, and Yan speculates that Solana could emulate this model.
The cryptocurrency market is currently focused on the expected approval of a spot ETF for Ethereum by the U.S. Securities and Exchange Commission (SEC). Against this backdrop, Daniel Yan, co-founder of Matrixport, speculated that Solana ( $SOL ) could be the next cryptocurrency in line for spot ETF approval.
Spot #Ethereum ETF decision fuels speculation: Solana considered as the next beneficiary
With the inevitable SEC decision on the creation of a spot ETF on Ethereum, speculation about the next cryptocurrency to follow suit is intensifying. Daniel Yan believes that #Solana is a strong contender, potentially poised to benefit from the momentum created by Ethereum's success. He draws parallels with the approval of the #Bitcoin ETF, which significantly boosted market value and interest in Ethereum. After the launch of the spot #BTC #ETF in the U.S., the ETH/BTC pair grew by 12% in a week, and Yan speculates that Solana could emulate this model.
Coins that will do easy 20x-50x in this bull run and why think so?
1.$DYM $7.1
Dymension is a beautiful project with strong community . Its ecosystem is built on a sustainable chain with ease of use and economic sustainability. With it's main aim on security and sustainability I am very sure it will be a blast.
It is has a total Market cap:$1B+
Total supply :1B
Trading volume:$77m
Currently n0 74 in global crypto rank even though it was recently listed .
2.$LINK $18.1
The Chainlink Network is driven by a large open-source community of data providers, node operators, smart contract developers, researchers, security auditors and more. The company focuses on ensuring that decentralized participation is guaranteed for all node operators and users looking to contribute to the network.
Market cap :$10B
Total supply :1B
Trading volume :$424m
currently n0 24 in global crypto ranking . please go for it.
3.$SEI $0.85
Sei is the first sector-specific Layer 1 blockchain, specialized for trading to give exchanges an unfair advantage.
It want to bridge the wide gap between cex exchanges and dex exchanges.
Market cap :$2B
Total supply :10B
Trading volume :$276m
currently n0 46 in global crypto ranking .
There are many other great projects that will add in my next article. Follow me so you don't miss them.
#Reposted
#Onyimaxx
#TrendingTopic
#TrendingTopic
#LINK.
1.$DYM $7.1
Dymension is a beautiful project with strong community . Its ecosystem is built on a sustainable chain with ease of use and economic sustainability. With it's main aim on security and sustainability I am very sure it will be a blast.
It is has a total Market cap:$1B+
Total supply :1B
Trading volume:$77m
Currently n0 74 in global crypto rank even though it was recently listed .
2.$LINK $18.1
The Chainlink Network is driven by a large open-source community of data providers, node operators, smart contract developers, researchers, security auditors and more. The company focuses on ensuring that decentralized participation is guaranteed for all node operators and users looking to contribute to the network.
Market cap :$10B
Total supply :1B
Trading volume :$424m
currently n0 24 in global crypto ranking . please go for it.
3.$SEI $0.85
Sei is the first sector-specific Layer 1 blockchain, specialized for trading to give exchanges an unfair advantage.
It want to bridge the wide gap between cex exchanges and dex exchanges.
Market cap :$2B
Total supply :10B
Trading volume :$276m
currently n0 46 in global crypto ranking .
There are many other great projects that will add in my next article. Follow me so you don't miss them.
#Reposted
#Onyimaxx
#TrendingTopic
#TrendingTopic
#LINK.
