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Since Trump 's re-election, Bitcoin and other altcoins have surged on expectations of less strict cryptocurrency regulations during his administration.
Several new ETF filings, among which are XRP and Solana , are expected during November .
Many investors hope his favorable attitude toward cryptocurrencies will translate to laxer policies, perhaps encouraging more spot altcoin ETFs.
Solana 's recent surge above the $ 220 level has been considered the excitement point for many in the market.
Some experts even suggest that Solana could surge to as high as $300 by the close of the year .
While regulators are moving toward a more concrete regulatory environment, Solana is setting up for broader use cases and more sustained growth.
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