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The U.S. Securities and Exchange Commission (SEC) is set to decide on Solana and XRP exchange-traded fund (ETF) applications by late January, with major firms like Grayscale and VanEck awaiting approval. A JPMorgan report suggests that Solana ETFs could attract $3–$6 billion, while XRP ETFs might pull in $4–$8 billion in their first six months. Approval could significantly boost Solana's price, as the market has not fully priced in the potential impact.
Traders are eyeing Dogecoin's potential resurgence in 2025, despite its current low sentiment, which has reached a bearish score of 1 out of 5. With a 28% drop in market cap and a 74% decline in searches since November 2024, some analysts predict a price surge, estimating Dogecoin could reach between $3 and $5. Contrarian traders believe now may be the ideal time to invest, as past price movements suggest a possible comeback.
Grayscale’s Chainlink Trust has surged 65% in five days, driven by significant partnerships and increased institutional confidence in LINK. Key integrations, including with Coinbase’s Project Diamond and collaborations with Swift Network and Emirates NBD, enhance Chainlink's role in tokenized asset management. Whale activity has also surged, pushing LINK's price past $30 and indicating strong trust from traders and institutions alike.
Annika Masrani
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Solana and XRP ETFs could attract billions if approved by SEC
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