Solana’s blockchain network recorded unprecedented activity levels with 14.6 million daily active addresses on July 8, setting an all-time high amid growing speculation about a potential spot exchange-traded fund (ETF). The surge in user engagement occurred despite SOL’s slight price… Read More »Solana Network Activity Hits Record High Amid ETF Speculation Despite Minor Price Dip
Solana is increasingly viewed as a frontrunner for a spot Exchange-Traded Fund (ETF) launch, fueled by significant institutional interest, robust DeFi metrics, and tangible regulatory progress. Industry analysts now estimate a high probability of approval following concrete steps by market… Read More »Solana Gains Strong ETF Prospects Driven by String Regulatory Moves and Surging DeFi Activity
CoinShares has taken a significant step towards launching a Solana exchange-traded fund (ETF) in the United States by registering a new entity in Delaware. The registration leverages Delaware’s business-friendly regulatory environment, positioning CoinShares to pursue a regulated Solana ETF product… Read More »CoinShares Registers Delaware Entity for Potential Solana ETF
Solana (SOL) demonstrates significant growth potential fueled by accelerating onchain activity, heightened institutional engagement, and favorable prospects for spot ETF approval. Technical analysis indicates a possible bullish trajectory toward $335. Futures open interest for Solana surged 12% within 24 hours… Read More »Solana (SOL) Exhibits Upside Potential with Rising ETF Approval Odds and Onchain Activity Surges