Crypto: Why Solana and XRP could explode in 2025 with ETFs?

The recent approval of the Ethereum ETF has sparked renewed optimism in the cryptocurrency market. Expert cryptography analysts now anticipate the arrival of ETFs for other crypto-assets like Solana and XRP as early as 2025, which could transform the crypto landscape.

Three next likely coins I see in line for ETF discussions:

– SOL
– AVAX
– DOGE

— K A L E O (@CryptoKaleo) May 23, 2024

The approval of the Ethereum ETF has paved the way for a wave of optimism for other cryptocurrencies

Crypto analysts at Standard Chartered believe that Solana and XRP ETFs could emerge by 2025. For instance, analyst Geoffrey Kendrick suggests that the approval of the Ethereum ETF indicates that altcoins like Solana will not be classified as securities, thereby facilitating their adoption.

Optimism is also growing within crypto trader communities. For instance, CryptoKaleo mentioned that Solana and other cryptocurrencies like Avalanche (AVAX) and Dogecoin (DOGE) could be the next to benefit from the ETF wave. These crypto predictions enhance Solana’s appeal to investors seeking lucrative opportunities.

What then would be the role of Solana in the next wave of crypto ETFs?

Crypto analysts are calling for a “meme craze” to support the demand for a Solana ETF. A Solana ETF could not only attract institutional investors but also solidify Solana’s position in the cryptocurrency market.

During the current cycle, memecoins tokens linked to Solana have consistently recorded gains, reaching almost the same level as large-cap cryptocurrencies like Dogecoin and Shiba Inu. This demonstrates Solana’s massive potential to capture investors’ attention and generate significant returns.

The approval of a Solana ETF could thus mark a major turning point for the crypto. It would open up new growth and stability perspectives.

In any case, the growing interest in crypto ETFs underscores the importance of a clear regulatory framework. While this will take time, investors are encouraged to prepare for these changes.