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Posted: 2025-05-12 16:27:34 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-12 16:28:06 UTC
Verified By
Rollup News
BlackRock is rumored to be filing for a Solana ETF in May, potentially leading to a significant increase in the value of Solana and its ecosystem. The probability of a Solana ETF approval has risen to 88%, with a chance it could happen before July 31. BlackRock met with the SEC to discuss staking, tokenization, and ETF approval standards. Analyst suggests investing in specific altcoins like $HNT, $W, $JUP, $DRIFT, $PYTH, $RENDER and $JTO could yield substantial returns.
Potential approval of a Solana ETF by BlackRock
Possible surge in Solana's price and ecosystem growth
Growing institutional interest in Solana
Altcoins with potential for high returns
The ETF is not yet approved, and the timeline is uncertain
Market volatility and risk associated with altcoin investments
Regulatory hurdles and SEC approval processes