Why Solana and Ethereum are set to rally soon – Crypto VC weighs in
2025-07-04 10:13:28
Main Idea
Solana (SOL) and Ethereum (ETH) are poised for potential rallies due to growing interest in stablecoins and tokenized stocks, with Wall Street possibly driving demand for these assets.
Key Points
1. Bitcoin (BTC) has dominated market attention, but Solana (SOL) and Ethereum (ETH) could catch up as stablecoins and tokenization narratives gain traction.
2. Ryan Watkins, co-founder of Syncracy Capital, suggests Wall Street may chase ETH and SOL for exposure to stablecoins and tokenization in the coming quarters.
3. Tokenized stocks, which track underlying stock performance, are now available on Solana and Ethereum, with Robinhood launching them for E.U. users and Solana offering 24/7 trading via xStocks.
4. Solana's xStocks have seen $8.5 million in trading volume and 25k transactions in three days, indicating early interest.
5. Coinbase analysts believe equities could become a significant asset class on public blockchains, potentially fueling growth for SOL and ETH.
Description
Wall Street could FOMO on SOL and ETH as stablecoin and tokenized stocks momentum grows.
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