Leveraged Solana and XRP ETFs gain $3B momentum ahead of SEC decision
Leveraged futures ETFs and staking rewards drive Solana and XRP to the forefront of regulated investment markets.
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Solana ecosystem updates, DeFi and NFT growth, and the latest on performance and network development.
Leveraged futures ETFs and staking rewards drive Solana and XRP to the forefront of regulated investment markets.
Liam 'Akiba' Wright 3 min read
The main reasons are likely lack of institutional interest and the complicated structure which the ETF is based on, analysts weigh in.
Safety Shot cited BONK's Solana blockchain foundation as a key factor in the treasury decision.
Bitcoin bounces back with $206 million inflow as Trump's crypto-friendly 401(k) policy takes effect.
Jesse Pollak, creator of the Base network, said this move puts Base builders on a level playing field.
Investments related to crypto treasuries companies dominated last month, with $512 million received as funding.
The largest US banks are shifting their focus from monitoring crypto to operational planning and selective rollouts.
In addition, users who held at least $100 worth of SOL, AVAX, ETH, BNB, or BAT as of June 11 will also be eligible.
Despite the proliferation of assets, value continues to concentrate in a few hundred coins at the top.