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Favourable Information for Solana: Nasdaq's Expansion Index ETF Application Accelerates, Ecosystem Development in Full Swing.
The Solana ecosystem welcomes multiple favourable information
In the past week, the Solana blockchain ecosystem has seen several positive developments. Nasdaq submitted an 8-K form to the U.S. Securities and Exchange Commission (SEC), indicating plans to expand its cryptocurrency index benchmark from 5 to 9 types, including Solana's native token SOL. This move marks further integration of Solana into the traditional financial market, providing institutional investors with more avenues for participation.
The Solana ETF application has made significant progress. The SEC has requested that the Solana ETF issuers submit a revised S-1 form within a week, which is seen as a positive signal for the approval of the Solana spot ETF. The market expects approval as early as July. Some analysts have raised the probability of the Solana spot ETF approval from 70% to 90%, reflecting an optimistic attitude towards the regulatory outlook.
Another noteworthy development is that a Nasdaq-listed company announced a $5 billion equity financing limit, aimed at accelerating the accumulation of SOL. This move has been interpreted by the market as similar to the strategic investments of other companies, highlighting institutions' confidence in the long-term value of Solana.
In addition to the dual Favourable Information at the capital and policy levels, the construction of the Solana ecosystem is also continuously advancing. A new hybrid decentralized exchange has announced its launch on the Solana chain, which combines the liquidity of centralized exchanges with the transparency of decentralized finance, bringing innovation to on-chain asset liquidity.
Here are the important updates from various sectors of the Solana ecosystem over the past week:
DeFi Field
Real World Assets (RWA) Field
AI/DeFAI/AI Agency Field
DePIN/Infrastructures
Gaming/NFT/Social Finance Field
Potential Projects