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
https://www.ft.com/content/d37543d9-fe2f-43f5-986a-df37ea7f99d8