Solana

<ul><li>Solana&#39;s ETF approval could boost market value by 1.4 times in a bear market and 8.9 times in a bull market.</li><li>Solana is poised to join Bitcoin and Ethereum in securing a spot ETF, potentially making a substantial market impact.</li><li>Crypto Tony indicates Solana&#39;s price remains above the 200-day EMA, signaling a long-term bullish trend despite recent volatility.</li></ul>GSR recently <a href="https://www.gsr.io/reports/is-solana-eft-next/" rel="noopener noreferrer nofollow">released</a> its ETF possibility score, ranking ETH, <a href="https://cryptotale.org/vaneck-etf-filing-sparks-solanas-biggest-rally-in-over-a-month/" rel="noopener noreferrer nofollow">SOL</a>, NEAR, AVAX, APT, ADA, XRP, and ATOM based on decentralization and demand scores. If the SOL ETF passes, its market value could rise significantly. Specifically, in a bear market, it could increase by 1.4 times, while in a bull market, it could surge by 8.9 times.Solana has cemented its position as part of crypto’s Big Three, joining Bitcoin and Ethereum. Both Bitcoin and Ethereum have or are on the verge of having spot ETFs. Consequently, it is likely just a matter of time before Solana secures one too. The impact on SOL might be the largest yet.<a href="https://x.com/CryptoTony__/status/1806607971381883177" rel="noopener noreferrer nofollow">Crypto Tony</a>, a popular analyst, recently shared an update on Solana&#39;s price action. The price is holding firm from the $122 support zone. Flipping the supply zone at $163 would confirm the lows. Solana/US Dollar Tether (SOL/USDT) has seen significant volatility over several months. Despite a recent 2.54% drop, it remains above the 200-day EMA, indicating a long-term bullish trend.<a href="https://cryptotale.org/solana-etf-could-skyrocket-market-value-amid-changing-regulatory-landscape/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Solana ETF Could Skyrocket Market Value Amid Changing Regulatory Landscape

CryptoTale

2024년 6월 29일에 게재된 다른 기사

Cryptocurrency Market Faces Challenges as Prices Drop

Analyst Predicts Ethereum and Bitcoin Price Movements

MoonBag Coin Outshines Near Protocol and Theta in Successful Presale Raising $3 Million

Investors Rush to MoonBag, The Best Crypto Presale in June 2024, Over Render and Near Protocol

What Is Hindering XRP’s Rise?

Ethereum’s road to $7.5K – Analysts predict a 120% rally because…

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!