Solana Updates: Could A SOL ETF Be Approved This Year As Prices Rise Over 15% In 7 Days

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The crypto market has been optimistic and trading in green in the past week. Solana (SOL) is one of the biggest crypto gainers among other altcoins. 

During the past seven days, Solana’s price has surged more than 15%, keeping it at the top of the radar of retail traders and institutional investors. Beyond the price chart, rumours of a possible SOL ETF continue to gain ground, and analysts are now wondering if it could be approved sooner than expected. 

Is SOL ETH Approval Coming In 2025? 

After being constantly scrutinized for two years due to network outages, regulatory compliance, and challenges, the Solana ecosystem has bounced back. 

The ecosystem has continued to develop and improve its operation, building a market-fit and one of the most scalable and efficient blockchains. The recent 15% weekly rally underscores returning investor confidence and interest. 

While the SOL ETF application is underway, its approval isn’t coming in 2025. Timing and compliance matter during the ETF launch; however, Solana doesn’t seem to have fulfilled all the criteria.

SOL is currently on the verge of retesting key resistance levels, and if broader market sentiment improves, analysts suggest Solana could easily target $300 before the end of the year. 

While Solana offers moderate gains, investors are diversifying into a small-cap token, Remittix (RTX), which is set to deliver a 100x to investors. 

Remittix (RTX), The 100x Altcoin Solana Investors Are Diversifying Into

Unlike Solana, which has maxed out its explosive potential, Remittix (RTX) emerges into the scene with a 100x explosive momentum. Remittix is a next-gen PayFi project to revolutionize the $19 trillion global remittance market gap.

It facilitates crypto-to-fiat transactions across 30+ countries and supports 40+ cryptocurrencies. Users send cryptocurrencies converted with a live FX rate on the app, which is then deposited as fiat to the recipient’s account.

Remittix has a referral program for users to earn thousands daily on the platform. Users get a 15% reward on each presale buyer they onboard. It’s paid in USDT and can be withdrawn every 24 hours 

Remittix highlights:

  • A full CertiK audit has been completed; liquidity and team tokens have been locked for three years.
  • An upcoming wallet launch in Q3 with real-time FX rates.
  • Designed for both crypto natives and non-crypto users, it can be used by business owners, freelancers, and remitters.

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/  

Socials: https://linktr.ee/remittix     

$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

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