Home CryptocurrencyInvesco Galaxy Files for Solana ETF: What does Sol mean

Invesco Galaxy Files for Solana ETF: What does Sol mean

by Hammad khalil
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Reliable editorial The materials were reviewed by major industry experts and experienced editors. Advertising disclosure

The Galaxy File is an important step in the development of the Galaxy File Cryptocurrency Investment Products for the Solana ETF court. This step places Soul as a potential mainstream property, which provides Inseparable Regulated risk for one of the leading layer 1 blockchain.

Will it create a new era of development of ecosystem on Solana?

In a step that can mark a decisive moment for Solana, Galaxy has officially done the Galaxy officially. Filed For a solana ETF with Chicago Board Options Exchange (CBOE). As a Thrown light on By Poblebaron on X, it is a monument for Sol Ecosystem as an emerging property in traditional finance.

Paul said that the institutional adoption playbook of the Bitcoin and Etherium is now being extended to the sool. First came the infrastructure, then the validity, and after the regulated access through the ETF.

Invesco Galaxy Sol ETF is not just a new product; This is one Signal This traditional finance verification is now actively legalizing SOL. With easy institutional access InterformationWhich are funnel through regulated channels familiar with Wall Street. With this, the long -standing Etharium Challenger Katha became more reliable.

Solana beats major coins in a five -day bull run

Insight Shared On X by Moonovel, Solana is trading at $ 179 and showing notable power, with no clear indication of slowing down. In the last five days, Sol has increased by about 18% and has decisively improved most of the widespread crypto people. market,

However, Solana is riding a ride save Speed that can ignore something. A powerful combination of rising DEFI activity, aircraft anti -cycation, and a powerful solstation around ETF is supercharged interest acosystem.

Lastwek alone, Solana-based Dex increased the volume of more than $ 5.3 billion, crossing the Ethereum in a few days, which is a clear indication Chain The activity is intensifying rapidly. Meanwhile, ecosystem projects such as Jupiter, Cupid and Marginfi are attracting new liquidity and developer interest and users to maintain.

Ahead, Rumors There is that Onek and Franklin Templeton is searching for a solana ETF, which is seizing with the Crypto community. The fuel of growing optimism is that the Sol couon includes a top level instant property in bitcoin and atherium.

The speed behind the Sol is undisputed, and if these ETF speculation falls into the friction, it can carry forward the price of Sol well. $ 200 Mark soon. With increasing institutional interest and

Sola
Soul Trading at $ 180 on daily chart. Source: solusdt at tardingView.com

Specially displayed image from ISTOCK images, chart from tradingView.com

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