Will the SOL ETF approval will actually move the market?
Will the SOL ETF approval will actually move the market?
Do you think the SOL ETF approval will actually move the market?
When BTC and ETH spot ETFs went live it moved the market big time but I wonder if it’s comparable to Solana. Some say the S-1 approval day could be a huge pump but I don’t know if it is already priced in or if the real pump could come later in the process (when the funds actually starts to be traded).
Personally, I’m keeping an eye on every update from the SEC just out of curiosity. I’m using a mix of EDGAR, Google Alerts, and SOL ETF Watch for instant updates. But I’m honestly not sure if the actual approval will be different from just a short-term spike.
What do you think? Will SEC approval be a turning point for SOL?
It would by I honestly hope we don’t see an approval until next cycle. I’ve been accumulating SOL for 5 years now and would like to accumulate more before Wall Street gets in heavily.
SOL is a joke blockchain that has no business being used for financial purposes.
The chain goes down quite often. Its centralized. Network resets that shouldn’t even happen are decided by Discord chat popularity vote
SOL is for suckers, hoping other suckers jump in to provide exit liquidity.
I think the approval might be more about making it “officially official” rather than opening the floodgates. The real action could come later when it starts showing up in 401ks and retail investment apps. That’s usually when the slow money really starts flowing.