Solana ETF is coming? Which Tokens are expected to have a big pump?

Original author: @leshka_eth Original translation: Rhythm Workers, BlockBeats

Editor’s note: At the beginning of this year, the approval of BTC ETF caused a huge response in the encryption market, followed by the approval of ETH Ether ETF, which greatly boosted confidence in Cryptocurrency ETFs. In this context, the rumors of Solana ETF today appear more credible and eye-catching. If Solana ETF is indeed approved, it may have a profound impact on the entire Solana ecosystem. This article analyzes in detail the most promising Solana ecosystem Tokens in the current market and provides corresponding investment strategies to help investors seize opportunities in this possible market turning point.

There are rumors today that Blackrock submitted a $SOL ETF application in July.

There is an old saying, “buy when there is a rumor, sell when there is news”. If this rumor is true, then at least AltCoin on Solana can easily rise tenfold. I have compiled the top ten most promising $SOL AltCoins, which will rise 10 to 50 times.

CNBC explores Spot ETF and points out that the approval of ETH ETF is just the beginning.

CNBC proposed $SOL as the next potential candidate.

This indicates that the media has a positive attitude towards $SOL ETF, implying a high possibility of its approval.

BlackRock, the world’s largest venture capital firm, managing over $9 trillion in assets, has shown interest in Solana ETF.

This move puts it on par with industry competitors VanEck and 21Shares, both of which have submitted Solana ETF proposals.

The following are the top opportunities on Solana:

Speculation surrounding ETH ETF caused ETH to initially pump and surge 25% after approval. If SOL gets ETF approval, it could pump 50% to 100% and potentially catalyze altcoin pump 30 to 100 times.

1.$JUP

Jupiter is a top Liquidity aggregator on the Solana blockchain, providing a wide range of Tokens and the best trading paths for all Token pairs.

Price: $0.81 Market Cap: $11 billion

2.$JTO

Jito is a Solana on-chain liquidity staking token provided by Jito, offering stake opportunities with MEV rewards.

Price: $2.31 Market Cap: $285 million

3.$IO

ionet is a solana blockchain-based network where users share their unused GPU capacity with AI companies in need of computational power.

Price: $3.33 Market Cap: 3.13 billion dollars

4.$W

The wormhole is a communication bridge that connects Solana and top-tier Decentralized Finance networks, enabling seamless transfer of tokenized assets across blockchains.

Price: $0.33 Market Cap: $6.13 billion

5.$TNSR

By innovatively utilizing blockchain technology, Tensor Market has quickly become the second largest Non-fungible Token market on Solana.

Price: $0.65
Market Cap: $75 million

6.$PRCL

Parcl v3 is a Perptual Futures exchange for synthetic assets in the real estate market, allowing cross-market cross-margin perpetual trading.

Price: $0.22
Market Cap: $26.9 million

7. $DRIFT

DriftProtocol is an Open SourceDecentralization trading platform based on the Solana blockchain, providing transparent non-custodial encryption transactions.

Price: $0.43
Market Cap: 78 million US dollars

8. $RAY

RaydiumProtocol is a Decentralized Finance protocol based on the Solana blockchain, enhancing the Liquidity of the entire ecosystem.

Price: $1.64 Market Cap: 431 million US dollars

9. $NEON

Neon EVM promotes seamless development and deployment of dApps from EVM chains to Solana.

Price: $0.47 Market Cap: 4200 million dollars

10.$SLND

Solend is a decentralized lending protocol on Solana, providing services for assets such as Meteora SOL mSOL LP, Wrapped SOL, USD Coin, and USDT.

Price: $0.4
Market Cap: $18 million

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