Group 1 - Solana is currently the top-performing major cryptocurrency over the past 90 days, with a 5% increase, while Ethereum is up 4% and Bitcoin is down 6% [1] - Solana has been relatively stable for the year, with an increase of less than 1%, which has led to it being overlooked by many investors [1] - The approval of new spot Solana ETFs is anticipated, with seven applications currently pending with the SEC from notable firms like VanEck, 21Shares, Bitwise, and Fidelity [3][4] Group 2 - The federal government shutdown is delaying the SEC's approval of the ETFs, but there is optimism that they will be prioritized once the government reopens [4] - A spot Solana ETF has already been approved in Hong Kong, suggesting that U.S. approval may follow soon, potentially attracting significant institutional investment, with JPMorgan Chase estimating up to $6 billion could flow into Solana [5] - There has been a surge in activity on the Solana blockchain, contributing to its recognition as a diversified blockchain ecosystem, with nearly $3 billion in revenue generated over the past 12 months [6][8]
2 Reasons to Buy Solana Before January 2026
Yahoo Financeยท2025-10-27 13:50