The SOL/USD pair maintains a bullish trend, reaching near $170 and hitting an intraday high of $170.26, suggesting a bullish Solana price prediction. Standard Chartered’s interest in SEC approval for more crypto ETFs, including Solana, is fueling speculation and optimism.
Positive market dynamics and technical indicators support a potential surge, with predictions suggesting Solana could see significant growth, possibly surpassing $200.
Geoffrey Kendrick, Head of Forex and Digital Assets Research at Standard Chartered Bank, predicts that cryptocurrency ETFs for Solana and XRP might be approved by 2025, following the recent approval of Ethereum spot ETFs by the SEC.
Kendrick argues that Ethereum’s approval sets a precedent for similar cryptocurrencies, potentially paving the way for XRP and Solana ETFs.
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JUST IN: Standard Chartered Bank says Solana and XRP ETFs could launch in 2025.@WatcherGuru
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