https://www.mitrade.com/insights/news/live-news/article-3-231859-20240627
What did you think about this Solana ETF and what do we expect if it is successful
I'm not surprised. Especially when ETH will get its own spot ETFs. If all goes well for ETH, then a Solana ETF should be a no-brainer. Exciting times ahead for crypto holders. Would such a move be enough to propel SOL beyond its last recorded ATH? Only time will tell.
For a coin that was previouly linked to FTX, I'd say it has done remarkably. At least, in market price. Technically speaking, the network still has its own set of issues. Outages are one of the most concerning ones. Institutional investors can't afford a network outage that will halt trading activity for a while. Hopefully, Solana remains stable enough to withstand heavy usage with the rollout of the new "Firedancer" third-party node software. Who knows what will happen in the future?