This browser is not actively supported anymore. For the best passle experience, we strongly recommend you upgrade your browser.
| less than a minute read

Crypto market bets on solana ETF

The arrival of Bitcoin and Ether ETFs on US markets this year raises the question of which cryptocurrency is next. Solana, known for its speed and low costs, is a top contender. The SEC’s upcoming decision on a Solana ETF could significantly impact the crypto industry.

Summing up the excitement was traditional US fund manager Franklin Templeton — not a brand many people readily associate with crypto — which described solana as one of the “exciting and major developments that we believe will drive the crypto space forward”. That is quite the endorsement for a token whose $82bn market capitalisation makes it — stablecoins excluded — the third-largest cryptocurrency, though it still represents only 3 per cent of the overall value of the crypto marke

Tags

crypto