The primary-ever staking-enabled Solana ETF within the U.S. is ready to launch tomorrow, July 2nd, marking a significant milestone for institutional adoption of Solana ($SOL).
The announcement has already sparked market momentum, with $SOL surging over the previous 24 hours to a excessive of $159.24, signaling rising investor confidence forward of the ETF debut.
The thrill might additionally spill over into crypto presales like Snorter Token ($SNORT), a local Ethereum token that incorporates a bridge to Solana, probably gaining traction as curiosity in Solana-based property heats up.
Rex-Osprey Solana ETF Successfully Authorized, Extra ETFs Coming Quickly
REX Shares introduced on X immediately that the ‘first-ever staking crypto ETF within the US’ is approaching Wednesday. It will present traders with direct publicity to $SOL whereas additionally providing staking rewards.
In Could, the corporate, together with Osprey Funds, despatched a proposal to the SEC for a Solana and an Ethereum ETF with staking rewards.
Rex-Osprey obtained a response on Friday with the SEC offering no additional feedback. This successfully approves the group’s utility.
Other than Rex-Osprey, there are a minimum of 9 different comparable filings on the SEC. If authorized, these ought to drive up Solana’s worth even additional.
$SOL Goes Up with the Rex-Osprey Solana ETF Information
Solana’s native token noticed a flurry of exercise previously 24 hours, due to the information. It’s been up by 0.84% through the interval and round 2% within the final seven days.
Launched in 2020, Solana has been the unofficial house of the very best meme cash with its low transaction charges and excessive throughput.
Get Prepared for the New Wave of Meme Cash with Snorter Token ($SNORT)
With elevated curiosity in Solana might come an inflow of latest meme cash. This could make discovering reliable and promising cash much more difficult.
As a Telegram-native buying and selling bot, it helps you to do the whole lot throughout the standard messaging app. You don’t have to juggle wallets or set up completely different browser extensions.
With Snorter Bot, you possibly can create or import your pockets with a single faucet.
Plus, you possibly can carry out automated token sniping, set restrict orders and dynamic stop-loss, copy trades, and handle your portfolio all inside Snorter Bot.
One other vital function is the honeypot and rip-off safety. With the quantity and velocity of token launches on any given day, it’s tough to examine what’s actual and what’s a rip-off. The bot has acquired your again lined.
All these get higher whenever you maintain its native Snorter Token ($SNORT). You’ll unlock 0.85% charges, limitless snipes, analytics, staking rewards, governance rights, and even group incentives.
$SNORT is at present accessible for $0.0967 every at its official presale web page.
To purchase tokens, join your crypto pockets like Greatest Pockets, enter what number of tokens you need to buy, and pay along with your debit/bank card, $SOL, $ETH, $USDT, or $USDC.
For step-by-step directions on learn how to get $SNORT, you possibly can try our Snorter Token shopping for information.
The undertaking additionally gives staking rewards, that are at present at 241% p.a. Alternatively, you possibly can HODL as $SNORT might attain as excessive as $3.25 based on our Snorter Token value prediction.
Solana ETFs Bode Effectively for the Market and New Cryptocurrencies
The SEC’s approval of Rex-Osprey’s Solana ETF utility marks a brand new chapter within the US’s growing acceptance of cryptocurrencies and associated tasks.
This can be a enormous plus for brand spanking new crypto like Snorter Token ($SNORT), which can make it simpler for traders to search out the very best presales to place their cash into.
In the event you’re contemplating shopping for $SNORT and different crypto, make sure you do your analysis first. This isn’t monetary recommendation.
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