Spot ETF for Solana Approved in the US
The SEC has given the green light to a new spot ETF based on Solana, marking a significant milestone for the blockchain known for its scalability and efficiency in decentralized applications. This approval has sparked optimism in the crypto community, as it could pave the way for wider adoption of Solana and similar blockchains.

My Take: The approval of this ETF is a huge win for crypto, showcasing regulators’ growing acceptance of decentralized technologies. However, it also highlights how certain blockchains, like Solana, are gaining institutional favor over others. Could this be the beginning of a new trend where only a few networks dominate institutional investments?