Close Menu
Cryprovideos
    What's Hot

    Crypto Market Selloff Deepens: $640M Liquidated as Bitcoin, Ethereum, and XRP Costs Slide | Bitcoinist.com

    October 9, 2025

    Bitwise and 21Shares Add Staking, Slash Charges in Newest Solana and Ethereum ETF Filings – Decrypt

    October 9, 2025

    Bitcoin has 100 days to go ‘parabolic’ or finish its bull market: Evaluation

    October 9, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Altcoins»Solana Surges as Donald Trump Reelection Sparks ETF Optimism – Decrypt
    Solana Surges as Donald Trump Reelection Sparks ETF Optimism – Decrypt
    Altcoins

    Solana Surges as Donald Trump Reelection Sparks ETF Optimism – Decrypt

    By Vismaya VNovember 7, 2024No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email



    Solana (SOL) rallied to $188, reaching a six-month excessive as traders reply to Donald Trump’s latest victory within the U.S. presidential election.

    The Solana worth has seen a 3.4% bump over the previous 24 hours has pushed its market cap above $88 billion, surpassing BNB to develop into the fourth-largest crypto, as per CoinGecko information.

    With Trump again within the oval workplace, the crypto market is more and more optimistic that his administration will present a extra favorable regulatory setting, probably permitting for the approval of a Solana exchange-traded fund (ETF) within the U.S.

    Talking to Decrypt, Balaji Srihari, Enterprise Head at CoinSwitch, expressed hope for a regulatory outlook that will permit Solana to completely understand its potential. “Donald Trump’s victory alerts a probably extra favorable regulatory setting for the crypto trade,” he mentioned, “which might soften the SEC’s stringent stance on property like Solana.”

    “Finally, whereas a shift in political management might ease Solana’s path to approval, the way forward for its ETF will depend upon a posh interaction of regulatory and market dynamics,” Srihari added.

    The SEC classifies Solana as a safety, complicating ETF approval. Solana should meet AML and KYC requirements, present sturdy demand, and guarantee safe custody—key elements for legitimacy, mentioned the CoinSwitch official.

    Trump’s re-election has been broadly anticipated inside the trade, given his constant pro-crypto stance.

    All through his marketing campaign, Trump promised sturdy help for the crypto trade, together with a push for deregulation and backing U.S.-based crypto mining.

    Anmol Singh, Founding father of Zeta Markets, sees Trump’s return as a possible boon for Solana’s prospects, notably with its sturdy fundamentals.

    “Solana stands as a front-runner to profit from these windfalls as a result of lots of customers, vibrant base of capital, battle examined protocols and its each growing decentralization,” he instructed Decrypt. “It additionally has a possibility to maneuver alongside BTC and ETH, cementing itself as a significant if it beneficial properties ETF approval.”

    The forty seventh U.S. President even hinted at firing SEC Chair Gary Gensler, whose strict regulatory method has been consistently criticized below scrutiny. But it surely ought to be famous that regardless of the Trump marketing campaign promise, U.S. presidents haven’t got the ability to fireplace the heads of federal businesses.

    Nonetheless, analysts count on Gensler’s potential exit might create a gap for a brand new SEC chair who might prioritize supportive insurance policies for crypto property like Solana.

    Edited by Stacy Elliott.

    Day by day Debrief Publication

    Begin day-after-day with the highest information tales proper now, plus unique options, a podcast, movies and extra.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Crypto Market Selloff Deepens: $640M Liquidated as Bitcoin, Ethereum, and XRP Costs Slide | Bitcoinist.com

    October 9, 2025

    Bitwise and 21Shares Add Staking, Slash Charges in Newest Solana and Ethereum ETF Filings – Decrypt

    October 9, 2025

    Whales Accumulate Tens of millions in Lyno AI Presale as SOL and ADA Wrestle

    October 9, 2025

    Zoomex Companions with Haas F1 for $400K Buying and selling Occasion

    October 9, 2025
    Latest Posts

    Crypto Market Selloff Deepens: $640M Liquidated as Bitcoin, Ethereum, and XRP Costs Slide | Bitcoinist.com

    October 9, 2025

    Bitcoin has 100 days to go ‘parabolic’ or finish its bull market: Evaluation

    October 9, 2025

    Ex-Revolut Group Affords Leveraged Bitcoin Technique to Construct Retail Crypto Wealth

    October 9, 2025

    Arthur Hayes: Bitcoin Cycles Pushed by Financial Coverage, Not Halvings – Bitbo

    October 9, 2025

    DDC Enterprise accelerates Bitcoin treasury plans with third buy in every week

    October 9, 2025

    Why Bitcoin's Rally Has Room to Run This Month – Decrypt

    October 9, 2025

    Sq. Allows Bitcoin Funds for U.S. Retailers

    October 9, 2025

    Senator Lummis Proposes Tax Aid for Small Bitcoin Funds – Bitbo

    October 9, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Japanese Crypto Trade to Shut Down After $300M Hack, Switch Accounts to SBI – Decrypt

    December 3, 2024

    Iran Crypto Market Faces New Laws from CBI | Dwell Bitcoin Information

    December 10, 2024

    Tron (TRX) Founder Justin Solar Eats $6,200,000 Banana, Evaluating the Artwork Piece to Crypto: Report – The Day by day Hodl

    November 30, 2024

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.