Solana ETF Is Next In Line, Buy These Solana Coins For High Returns

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As a researcher with experience in the crypto market, I’m excited about the potential of the new Solana ETF (QSOL) and how it could impact the prices of various Solana coins. Based on my analysis of the current market trends and the strong performance of some Solana coins this year, I believe that four Solana coins have significant growth potential in the upcoming ETF hype: RNDR, WIF, POPCAT, and AR.

Crypto investors currently have access to two widely used exchange-traded funds: the Bitcoin ETF and Ethereum ETF. An exciting new development is the potential launch of a third ETF based on Solana (QSOL), given its growing popularity. 3iQ, a Canadian company, has already initiated the process by filing a preliminary prospectus for this fund. Their announcement signifies that they have applied for the Solana Fund in Canada. This creates a valuable opportunity for investors as the increasing interest in Solana ETFs is expected to significantly increase the value of Solana coins.

As a representative of 3iQ Corp., I am thrilled to share that we have taken the significant step of submitting a preliminary prospectus for The Solana Fund (QSOL) to the regulatory authorities in Canada, marking the beginning of our initial public offering process.
Our innovative streak persists, and upon securing necessary regulatory approvals, we will…
— 3iQ Digital Asset Management (@3iq_corp) June 20, 2024

The interest in Solana meme coins is high and they’ve delivered substantial returns so far this year. This upcoming event could lead to significant price surges as the crypto market focuses on these currencies. In light of the excitement surrounding the Solana ETF, let us explore the top four Solana coins with the greatest potential for profit.

Render (RNDR)

RNDR ranks among the top 30 cryptocurrencies on Coinmarketcap in terms of market capitalization, which stands at approximately $2.8 billion. Additionally, it is among the most successful coins on the Solana network, boasting a staggering gain of over 19,000% since its launch. At present, the RNDR price is priced at around $7.46. There’s a strong possibility that it could more than double in value, as it has already demonstrated this capability back in March.

Dogwifhat (WIF)

As a researcher, I’m constantly on the lookout for lucrative investment opportunities in the cryptocurrency market. One coin that has caught my attention is Dogecoin (WIF). This digital asset experienced an astonishing surge of 1028% since its launch and is now trading at $1.90.

Popcat (POPCAT)

Outside of being a coin on the Solana platform, Popcat holds a spot among feline-themed meme coins, providing stiff competition to the canine counterparts. In 2021 alone, it has recorded a staggering increase of over 1385%. However, its recent progress has been negatively affected by the market downturn this month. The coin reached an unprecedented high in April, hitting $0.7221, a value that currently stands 66% lower at $0.2406.

Arweave (AR)

Arweave investors are currently waiting for a potential rally that began during the coin’s 2021 peak, reaching an all-time high of $90.94. While there was a profitable period in March, it did not reach its full potential. Currently, the AR price is at $25.92, representing a significant decline of 72% from its record high. It’s plausible that an ETF could instigate a similar rally and boost its value to worthy heights, much like other Solana coins have experienced.

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2024-06-21 13:40