Analysts predict Solana may outperform Bitcoin and Ether by 2025 with the introduction of a US-based spot SOL ETF. The relatively low cost makes Solana attractive to retail investors seeking full coin ownership at around 200 USD each, unlike Bitcoin and Ether, which are pricier.
Five companies compete to launch the first US-based spot SOL ETF, aiming for decisions by January 2025. If approved, this ETF could elevate Solana’s market position, potentially raising its price to over 400 USD as predicted by analysts due to historical trends and anticipation.
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