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Solana ETF ApprovalCoinGape
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68% Informative
Solana is anticipated to experience a substantial rise in its market value with the potential launch of a spot exchange-traded fund (ETF) that tracks its cryptocurrency, SOL.
VanEck and 21Shares have filed for the first Solana trust in the U.S. to launch an ETF.
GSR suggests that if a Solana ETF gains approval, SOL could achieve an “8.9x” increase in value, pushing its current price from $ 144 to an impressive $ 1,300 .
The market cap has grown to $70 million , placing Solana fifth in market cap rankings.
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