Solana ETF is coming soon? Which tokens are expected to surge?

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

Editors Note: At the beginning of this year, the approval of the Bitcoin ETF triggered a huge response in the crypto market, followed by the approval of the Ethereum ETF, which greatly boosted the markets confidence in cryptocurrency ETFs. Against this backdrop, todays rumors of the Solana ETF also appear more credible and eye-catching. If the Solana ETF is really approved, it may have a profound impact on the entire Solana ecosystem. This article analyzes in detail the Solana ecosystem tokens with the most potential in the current market, and provides corresponding investment strategies to help investors seize opportunities at this possible market turning point.

Rumor has it today: Blackrock filed for a $SOL ETF in July.

There is an old saying, Buy the rumor, sell the news. If this rumor is true, then Solanas altcoins can easily increase by at least 10 times. I have compiled the top 10 most promising $SOL altcoins that will increase by 10 to 50 times.

CNBC discussed spot ETFs and noted that the approval of the ETH ETF is just the beginning.

CNBC proposed $SOL as a potential next candidate.

This shows that the media has a positive attitude towards the $SOL ETF, suggesting that the probability of its approval is high.

BlackRock — the world’s largest venture capital firm with over $9 trillion in assets under management — has shown interest in the Solana ETF.

The move puts it alongside industry rivals VanEck and 21Shares, both of which have filed Solana ETF proposals.

Here are the top opportunities on Solana:

Speculation surrounding the ETH ETF caused ETH to initially rally, surging 25% after approval. If SOL receives ETF approval, it could rise 50% to 100% and could catalyze altcoins to rise 30x to 100x.

1. $JUP

Jupiter is the top liquidity aggregator on the Solana blockchain, offering a wide range of tokens and the best trading paths for all token pairs.

Price: $0.81
Market value: $1.1 billion

2. $JTO

Jito is a liquid staking token on the Solana blockchain provided by Jito, providing staking opportunities with MEV rewards.

Price: $2.31
Market value: $285 million

3. $IO

ionet is a solana blockchain-based network where users share unused GPU capacity with AI companies that need computing power.

Price: $3.33
Market value: $313 million

4. $W

Wormhole can connect Solana with the communication bridge of top DeFi networks, realizing seamless transfer of tokenized assets across blockchains.

Price: $0.33
Market value: $613 million

5. $TNSR

Through innovative use of blockchain technology, the Tensor Marketplace has quickly become the second largest NFT marketplace on Solana.

Price: $0.65
Market value: $75 million

6. $PRCL

Parcl v3 is a perpetual contract exchange for real estate synthetic assets, allowing cross-margin perpetual trading across markets.

Price: $0.22
Market value: $26.9 million

7. $DRIFT

DriftProtocol is an open source decentralized trading platform based on the Solana blockchain, providing transparent non-custodial crypto transactions.

Price: $0.43
Market value: $78 million

8. $RAY

RaydiumProtocol is a DeFi protocol based on the Solana blockchain that enhances the liquidity of the entire ecosystem.

Price: $1.64
Market value: $431 million

9. $NEON

Neon EVM facilitates seamless development and deployment of dApps from the EVM chain to Solana.

Price: $0.47
Market value: $42 million

10. $SLND

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

Price: $0.4
Market value: $18 million

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