• Home
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • XRP
    • Litecoin
    • Altcoin
    • Cardano
    • Tether
    • DOGE
    • Solano
    • XLM
    • DOT
    • XDC
    • SHIBA
    • BNB
    • Ape
    • HBAR
    • QNT
  • Blockchain
  • Regulation
  • Market
  • Live
    • Prices
    • ICO
  • Meta
    • NFT
  • Technical Analysis
    • XRP
    • BTC
    • XLM
    • ADA
    • TETHER
    • ETC
    • ETH
    • DOGE
    • LTC
  • Exchange
  • Mining
Thursday, September 11, 2025
  • Login
  • Register
Coin24h.com
  • Home
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • XRP
    • Litecoin
    • Altcoin
    • Cardano
    • Tether
    • DOGE
    • Solano
    • XLM
    • DOT
    • XDC
    • SHIBA
    • BNB
    • Ape
    • HBAR
    • QNT
  • Blockchain
  • Regulation
  • Market
  • Live
    • Prices
    • ICO
  • Meta
    • NFT
  • Technical Analysis
    • XRP
    • BTC
    • XLM
    • ADA
    • TETHER
    • ETC
    • ETH
    • DOGE
    • LTC
  • Exchange
  • Mining
No Result
View All Result
  • Home
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • XRP
    • Litecoin
    • Altcoin
    • Cardano
    • Tether
    • DOGE
    • Solano
    • XLM
    • DOT
    • XDC
    • SHIBA
    • BNB
    • Ape
    • HBAR
    • QNT
  • Blockchain
  • Regulation
  • Market
  • Live
    • Prices
    • ICO
  • Meta
    • NFT
  • Technical Analysis
    • XRP
    • BTC
    • XLM
    • ADA
    • TETHER
    • ETC
    • ETH
    • DOGE
    • LTC
  • Exchange
  • Mining
No Result
View All Result
Coin24h.com
No Result
View All Result
Ledger Nano X - The secure hardware wallet
ADVERTISEMENT

Solana (SOL) Prepares for Ethereum ETF, Trades Above $130

24 June 2024
in Solano
Reading Time: 3 mins read
A A
0
Solana (SOL) Prepares for Ethereum ETF, Trades Above 0
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
cryptotrader
ADVERTISEMENT
  • Solana is the most common destination for assets from the Ethereum ecosystem, and with the ETFs looming, analysts predict that billions could be flowing into the SOL ecosystem.
  • Market experts predict that Ethereum ETFs could attract at least half of BTC ETFs’ $60 billion assets, and a significant share of this would flow into Solana, halting further dips below $130.

It has been the year of ETFs. Bitcoin spot ETFs launched in January and have accumulated over $60 billion in assets under management. Ethereum ETFs are on the way, and according to some analysts, Solana might be one of the biggest beneficiaries of the latter.

While Solana has long been hailed as an Ethereum killer, the relationship between the two major altcoins has been positive. Data from Wormhole, the largest cross-chain bridge on the Ethereum ecosystem, shows that no other crypto ecosystem receives more assets from Ethereum than Solana.

For instance, Ethereum users have bridged over $3 billion in crypto assets from the leading altcoin in the past year. Of this, $951 million went to the Solana ecosystem, with Sui the only network that recorded more bridged assets. This means that any activity on the Ethereum network tends to have an outsized effect on Solana.

Related articles

Pi Coin Price Prediction; Solana Latest News & Why Remittix Is The Best Crypto To Buy In September Week Two – Crypto Economy

Pi Coin Price Prediction; Solana Latest News & Why Remittix Is The Best Crypto To Buy In September Week Two – Crypto Economy

11 September 2025
Hedera (HBAR) Price Prediction; Solana Latest News & Which Is The Top Trending Crypto Today – Crypto Economy

Hedera (HBAR) Price Prediction; Solana Latest News & Which Is The Top Trending Crypto Today – Crypto Economy

11 September 2025

In turn, Solana users have raised $1.48 billion over the past year. More than half of this amount, $782 million, went to Ethereum.

[crypto-donation-box]

This makes the two ecosystems highly co-dependent.

Then comes the Ether ETFs. While the SEC has approved these ETFs, the industry awaits the final green light to launch the products, with some, like Consensys, expecting the agency to come through in a matter of days.

Once the ETFs launch, the price of Ether is expected to surge. As Crypto News Flash has reported, some experts expect it to hit $6,000 in the short term.

More importantly, analysts expect the ETFs to attract billions of dollars into Ethereum. Jag Kooner, Head of Derivatives at Bitfinex, predicted earlier this month that they would capture at least $20 billion of the current BTC ETFs assets, which is $60 billion. This would mean an extra $12 billion going to ETH.

Others are more optimistic and predict that Ether ETFs will pull at least half of what BTC has achieved, translating to $30 billion in extra Ethereum investment. Unlike BTC, Ethereum offers users several ways to make extra income, including yield farming and staking, further making it a more attractive investment and possibly pushing the investments above estimations.

Cryptohopper
ADVERTISEMENT

With Solana and Ethereum closely intertwined, some of the investment will inevitably flow into SOL, pushing the token to new heights. SOL currently trades at $125, losing over 5% in the past day as the broader market saw a devastating open to the week, with the overall market cap dipping nearly 5%. Solana has dipped 25% in the past month.


Recommended for you:

          No spam, no lies, only insights. You can unsubscribe at any time.

Credit: Source link

Tags: ETFEthereumPreparesSOLSolanaTrades
Share76Tweet47
Ledger Nano X - The secure hardware wallet
Previous Post

Kraken MTF, the Exchanges’ Derivatives Arm, Joins Copper’s ClearLoop Crypto Settlement Network

Next Post

CoinStats Reports Security Breach, 1,590 Wallets Affected

Related Posts

Pi Coin Price Prediction; Solana Latest News & Why Remittix Is The Best Crypto To Buy In September Week Two – Crypto Economy

Pi Coin Price Prediction; Solana Latest News & Why Remittix Is The Best Crypto To Buy In September Week Two – Crypto Economy

11 September 2025
0

Pi Coin Price Prediction; Solana Latest News & Why Remittix Is The Best Crypto To Buy In September Week Two  Crypto...

Hedera (HBAR) Price Prediction; Solana Latest News & Which Is The Top Trending Crypto Today – Crypto Economy

Hedera (HBAR) Price Prediction; Solana Latest News & Which Is The Top Trending Crypto Today – Crypto Economy

11 September 2025
0

Hedera (HBAR) Price Prediction; Solana Latest News & Which Is The Top Trending Crypto Today  Crypto Economy Credit: Source link

Solana Price Prediction; Dogecoin News Today & Layer Brett Forecast After Almost 'Breaking The Internet' – Live Bitcoin News

Solana Price Prediction; Dogecoin News Today & Layer Brett Forecast After Almost 'Breaking The Internet' – Live Bitcoin News

10 September 2025
0

Solana Price Prediction; Dogecoin News Today & Layer Brett Forecast After Almost 'Breaking The Internet'  Live Bitcoin News Credit: Source link

Solana Price Today; XRP Latest News & Here Are What Analysts Predict To Rise 30x By December – Mitrade

Solana Price Today; XRP Latest News & Here Are What Analysts Predict To Rise 30x By December – Mitrade

10 September 2025
0

Solana Price Today; XRP Latest News & Here Are What Analysts Predict To Rise 30x By December  Mitrade Credit: Source link

Solana Price Today; XRP Latest News & Here Are What Analysts Predict To Rise 30x By December – Cryptopolitan

Solana Price Today; XRP Latest News & Here Are What Analysts Predict To Rise 30x By December – Cryptopolitan

10 September 2025
0

Solana Price Today; XRP Latest News & Here Are What Analysts Predict To Rise 30x By December  Cryptopolitan Credit: Source link

Load More
Next Post
CoinStats Reports Security Breach, 1,590 Wallets Affected

CoinStats Reports Security Breach, 1,590 Wallets Affected

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
BNB Price Prediction: Why New Crypto Money Is Pouring Into BlockchainFX, the Top Presale Past M – CoinCentral

BNB Price Prediction: Why New Crypto Money Is Pouring Into BlockchainFX, the Top Presale Past $7M – CoinCentral

11 September 2025
Pump.fun Price Jumps 42% in a Week, Bulls Eye alt=

Pump.fun Price Jumps 42% in a Week, Bulls Eye $0.0069 Resistance

11 September 2025
Binance Teams Up with Franklin Templeton to Expand Tokenized Securities, BNB Reaches Record High – blockchainmagazine.net

Binance Teams Up with Franklin Templeton to Expand Tokenized Securities, BNB Reaches Record High – blockchainmagazine.net

11 September 2025
Will Bitcoin Price Explode or Crash?

Will Bitcoin Price Explode or Crash?

11 September 2025

About Us

We publish a comprehensive news feed covering all news relevant to the crypto user, covering main industry news, politics and regulation as well as consumer-level “news you can use” (practical stuff), including handy DIY tips, links to useful tools, unbiased reviews and opinions revolving around cryptocurrency. Simple logic and real-world examples are preferred before technical jargon and personal rants.

Categories

  • Altcoin
  • ApeCoin
  • Bitcoin
  • Blockchain
  • BNB
  • Cardano
  • Cryptocurrency
  • DOGE
  • DOT
  • Ethereum
  • HBAR
  • Litecoin
  • Market
  • Meta News
  • Mining
  • NFT
  • QNT
  • Regulation
  • SHIBA
  • Solano
  • Tether
  • Uncategorized
  • XDC
  • XLM
  • XRP

What’s New Here!

  • BNB Price Prediction: Why New Crypto Money Is Pouring Into BlockchainFX, the Top Presale Past $7M – CoinCentral
  • Pump.fun Price Jumps 42% in a Week, Bulls Eye $0.0069 Resistance
  • Binance Teams Up with Franklin Templeton to Expand Tokenized Securities, BNB Reaches Record High – blockchainmagazine.net
  • Will Bitcoin Price Explode or Crash?
  • Pi Coin Price Prediction; Solana Latest News & Why Remittix Is The Best Crypto To Buy In September Week Two – Crypto Economy

Subscribe Now

Our Partner

Round Main Logo
  • About Us
  • Privacy Policy
  • Contact Us

© 2022-2025 coin24h.com

No Result
View All Result
  • Home
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • XRP
    • Litecoin
    • Altcoin
    • Cardano
    • Tether
    • DOGE
    • Solano
    • XLM
    • DOT
    • XDC
    • SHIBA
    • BNB
    • Ape
    • HBAR
    • QNT
  • Blockchain
  • Regulation
  • Market
  • Live
    • Prices
    • ICO
  • Meta
    • NFT
  • Technical Analysis
    • XRP
    • BTC
    • XLM
    • ADA
    • TETHER
    • ETC
    • ETH
    • DOGE
    • LTC
  • Exchange
  • Mining

© 2020 coin24h.com

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin (BTC) $ 114,064.00
  • ethereumEthereum (ETH) $ 4,421.93
  • xrpXRP (XRP) $ 3.02
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 899.14
  • solanaSolana (SOL) $ 225.04
  • usd-coinUSDC (USDC) $ 0.999801
  • staked-etherLido Staked Ether (STETH) $ 4,415.04
  • dogecoinDogecoin (DOGE) $ 0.250759
  • tronTRON (TRX) $ 0.345562
  • cardanoCardano (ADA) $ 0.884873
  • wrapped-stethWrapped stETH (WSTETH) $ 5,353.73
  • chainlinkChainlink (LINK) $ 23.75
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 4,765.40
  • hyperliquidHyperliquid (HYPE) $ 53.90
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 114,123.00
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • suiSui (SUI) $ 3.63
  • stellarStellar (XLM) $ 0.394098
  • figure-helocFigure Heloc (FIGR_HELOC) $ 0.992740
  • avalanche-2Avalanche (AVAX) $ 29.01
  • wrapped-eethWrapped eETH (WEETH) $ 4,751.99
  • bitcoin-cashBitcoin Cash (BCH) $ 599.92
  • wethWETH (WETH) $ 4,423.14
  • hedera-hashgraphHedera (HBAR) $ 0.237646
  • litecoinLitecoin (LTC) $ 116.74
  • leo-tokenLEO Token (LEO) $ 9.59
  • crypto-com-chainCronos (CRO) $ 0.260192
  • the-open-networkToncoin (TON) $ 3.21
  • usdsUSDS (USDS) $ 0.999532
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 114,070.00
  • polkadotPolkadot (DOT) $ 4.20
  • whitebitWhiteBIT Coin (WBT) $ 43.36
  • uniswapUniswap (UNI) $ 9.86
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.20
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.199706
  • ethenaEthena (ENA) $ 0.776387
  • mantleMantle (MNT) $ 1.63
  • moneroMonero (XMR) $ 273.49
  • aaveAave (AAVE) $ 304.02
  • bitget-tokenBitget Token (BGB) $ 4.95
  • pepePepe (PEPE) $ 0.000011
  • daiDai (DAI) $ 0.999504
  • okbOKB (OKB) $ 194.01
  • worldcoin-wldWorldcoin (WLD) $ 1.75
  • bittensorBittensor (TAO) $ 360.60
  • nearNEAR Protocol (NEAR) $ 2.73
  • myx-financeMYX Finance (MYX) $ 17.54