ETF Solana’s approval will help break the novel “Memechain”
The Solana trip from Memecoin to the dangerous Blockchain competitor to approval of Solana ETF, which would bring institutional confidence and cancel its lock to large -scale financial applications such as payments and trading.
Opinion: Chris Chung, CEO of Titan
When Solana was launched in 2020, co-founder Anatoli Yakovinko had a great vision to become a Nasdak on Blockchain-the home of the financial markets in Unchin. After five years, the memecoin trade activity that we see on Solana is like Penny’s shares more than technology giants who make up the NASDAQ index, such as Apple or NVIDIA. There are definitely “blue chip” symbols such as Jupiter (Job) or erosion, but attention focuses on memecoins.
In fact, Memecoins has become a synonym for Solana to the point that some in the industry see it as a pure “series”. This is not exactly a surprise: The Solana’s Pump.fun Memecoin has seen more than 7.5 million icons creature Since its inception, which led to the revenues of more than $ 550 million.
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