Current events indicate that BlackRock, the biggest asset management company globally, is getting ready to take an important move within the Solana ecosystem. This could be advantageous to Solana and other ecosystem tokens in general.
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BlackRock’s Solana ETF
According to crypto researcher 0xNobler, BlackRock CEO Larry Fink hinted at a forthcoming Solana ETF filing during an investor call on July 1. This announcement comes after similar applications from VanEck and 21Shares, demonstrating a rising institutional interest in Solana-based financial products.
The potential approval of a spot Solana ETF could have far-reaching consequences for SOL and the larger Solana ecosystem.
The analyst suggests that BlackRock’s move could trigger a “Solana Summer.” It also has the potential for major price surge across the Solana network.
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Show more +Top Solana Ecosystem Tokens Poised for Growth
In light of the potential Solana ETF, 0xNobler has identified several Solana-based tokens that could see substantial growth. These include:
- BONK (BONK): A dog-themed coin with a $1.78B market cap, priced at $0.000026.
- Jupiter (JUP): A leading DEX on Solana with a $1.14B market cap, trading at $0.84.
- Io Network (IO): An AI computing network, valued at $285M with a price of $3.01.
- Dogwifhat (WIF): A popular meme token with a $2.25B market cap, priced at $2.26.
- Pyth Network (PYTH): An oracle network with a $1.16B market cap, trading at $0.32.
- Ponke (PONKE): A meme coin themed around a gambling monkey, valued at $200M.
- Jito (JTO): A liquid staking service for Solana, with a $295M market cap and $2.4 price.
- Wen (WEN): A community coin focused on the “WEN” culture, valued at $98M.
- Raydium (RAY): An AMM and liquidity provider with a $498M market cap, priced at $1.89.
- Mews World (MEW): A cat-themed meme coin valued at $408M.
Read more: YouTuber Makes Urgent Kaspa Price Prediction – When’s the Best Time to Sell KAS?
These are just a few of the potential coins in the Solana ecosystem that investors should keep under their radar.
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