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4.241 3.469 4.778 5.87l.012.049.007.007.027-.032c.49-.529.75-1.158.75-1.82V6.374l.758.818c1.762 1.9 2.666 4.258 2.544 6.638-.15 2.802-2.02 5.26-5.007 6.593L13.689 21l.724-1.049z" fill="#FF4D00"></path></svg></button><div role="separator" aria-orientation="vertical" class="flex-none overflow-hidden after:block after:h-full after:w-full after:border-base-default min-h-full w-[1px] after:border-r"></div><div class="relative overflow-hidden flex-1" role="region" aria-roledescription="carousel"><div class="overflow-hidden"><div class="flex px-1.5 py-1"><div role="separator" aria-roledescription="slide" class="min-w-0 select-none w-[400px] flex-none"></div></div></div></div></div></div><section class="grid w-full grid-cols-[minmax(0,1fr)_400px] grid-rows-1 gap-4"><div><div class="flex flex-col gap-4"><div class="overflow-hidden rounded-xl bg-base-primary"><div class="flex flex-col gap-2 p-3 tablet:p-4 tablet:pt-3"><h1 class="title-3xl text-base-primary">Speculation Pushes SOL Coin Past $250</h1><div class="flex tablet:flex-row flex-col gap-2 tablet:gap-0"><div class="flex items-center"><div class="flex items-center gap-1"><svg viewBox="0 0 24 24" xmlns="http://www.w3.org/2000/svg" class="h-4 w-4 fill-base-tertiary"><path fill-rule="evenodd" clip-rule="evenodd" d="M8.445 2.2a.8.8 0 01.8.8v1h5.51V3a.8.8 0 111.6 0v1c.46.003.856.011 1.196.04.495.04.942.128 1.36.343a3.484 3.484 0 011.513 1.532c.211.419.297.868.337 1.367.04.483.04 1.077.04 1.805v6.626c0 .728 0 1.322-.04 1.805-.04.499-.126.948-.337 1.367a3.484 3.484 0 01-1.513 1.532c-.418.215-.865.302-1.36.343-.478.04-1.066.04-1.783.04H8.232c-.718 0-1.306 0-1.784-.04-.494-.04-.942-.128-1.36-.343a3.483 3.483 0 01-1.513-1.532c-.21-.42-.297-.868-.337-1.367-.039-.483-.039-1.077-.039-1.805V9.087c0-.728 0-1.322.04-1.805.04-.499.125-.948.336-1.367A3.484 3.484 0 015.09 4.383c.418-.215.866-.303 1.36-.344.34-.028.737-.036 1.196-.038V3a.8.8 0 01.8-.8zm-.8 3.401c-.44.002-.78.01-1.064.033-.394.033-.605.092-.758.171-.35.181-.637.47-.818.829-.08.158-.139.375-.171.777-.033.41-.034.94-.034 1.709v.28h14.4v-.28c0-.77 0-1.298-.034-1.71-.032-.4-.091-.618-.171-.776a1.884 1.884 0 00-.818-.829c-.152-.079-.364-.138-.758-.171-.283-.023-.623-.03-1.063-.033V6.6a.8.8 0 01-1.6 0v-1H9.245v1a.8.8 0 11-1.6 0v-.999zM19.2 11H4.8v4.68c0 .77 0 1.298.034 1.709.032.402.092.619.171.777.18.358.468.648.818.829.153.078.364.138.758.17.404.034.926.035 1.686.035h7.466c.76 0 1.282 0 1.686-.034.394-.033.606-.093.758-.171.35-.181.638-.47.818-.829.08-.158.14-.375.171-.777.034-.41.034-.94.034-1.709V11z"></path></svg><span class="truncate text-base-tertiary text-xs">21 Nov 2024</span></div><svg viewBox="0 0 24 24" xmlns="http://www.w3.org/2000/svg" class="h-4 w-4 fill-base-tertiary"><path fill-rule="evenodd" clip-rule="evenodd" d="M10 12a2 2 0 114 0 2 2 0 01-4 0z"></path></svg><div class="flex items-center gap-1"><svg viewBox="0 0 24 24" xmlns="http://www.w3.org/2000/svg" class="h-4 w-4 fill-base-tertiary"><path fill-rule="evenodd" clip-rule="evenodd" d="M12 3.8a8.2 8.2 0 100 16.4 8.2 8.2 0 000-16.4zM2.2 12c0-5.412 4.388-9.8 9.8-9.8 5.413 0 9.8 4.388 9.8 9.8 0 5.412-4.387 9.8-9.8 9.8-5.412 0-9.8-4.388-9.8-9.8zM12 5.8a.8.8 0 01.8.8v4.905l3.158 1.58a.8.8 0 01-.716 1.43l-3.6-1.8A.8.8 0 0111.2 12V6.6a.8.8 0 01.8-.8z"></path></svg><span class="truncate text-base-tertiary text-xs">2 Minute Read</span></div><svg viewBox="0 0 24 24" xmlns="http://www.w3.org/2000/svg" class="h-4 w-4 fill-base-tertiary"><path fill-rule="evenodd" clip-rule="evenodd" d="M10 12a2 2 0 114 0 2 2 0 01-4 0z"></path></svg></div><div class="flex items-center"><div class="flex items-center gap-1"><svg viewBox="0 0 24 24" xmlns="http://www.w3.org/2000/svg" class="h-4 w-4 fill-base-tertiary"><path fill-rule="evenodd" clip-rule="evenodd" d="M14.12 3.28a1.617 1.617 0 011 0c.234.075.413.204.555.325.13.11.27.251.417.397l3.906 3.906c.146.146.288.288.398.418.12.142.25.32.325.555.106.324.106.674 0 .999a1.638 1.638 0 01-.325.555c-.11.13-.252.271-.398.417l-.638.639a7.457 7.457 0 01-.418.397c-.142.12-.32.25-.555.325-.243.08-.501.1-.752.06l-.841 4.207-.013.062c-.044.228-.1.512-.246.756a1.616 1.616 0 01-.505.526c-.239.155-.52.222-.746.276l-.062.014-11.034 2.664a.8.8 0 01-.965-.965L5.886 8.777l.015-.061c.053-.227.12-.508.276-.747.134-.206.314-.378.525-.505.245-.146.528-.201.756-.246l.063-.012 4.207-.842c-.04-.25-.02-.508.059-.752.076-.234.205-.413.325-.555.11-.13.252-.271.398-.417l.62-.62.018-.019c.146-.146.288-.287.417-.397.143-.12.322-.25.556-.326zm-1.397 4.518l-4.888.978a5.56 5.56 0 00-.313.068 5.566 5.566 0 00-.08.31l-1.997 8.27 3.716-3.716a2.434 2.434 0 111.131 1.131l-3.716 3.716 8.27-1.996c.157-.038.239-.058.297-.076l.014-.004a5.605 5.605 0 00.068-.313l.978-4.889-3.48-3.48zm-1.95 5.45a.834.834 0 10-.02-.02l.01.01a.324.324 0 01.01.01zm3.847-8.44l.02.016c.073.063.168.157.339.328l3.87 3.87a6.689 6.689 0 01.343.358 6.693 6.693 0 01-.343.359l-.603.602a6.696 6.696 0 01-.358.343 6.696 6.696 0 01-.358-.343l-3.87-3.87a6.692 6.692 0 01-.344-.358 6.688 6.688 0 01.343-.359l.603-.602a6.702 6.702 0 01.358-.344z"></path></svg><span class="truncate text-base-tertiary text-xs">Writing by</span><span class="truncate font-medium text-base-tertiary text-xs">Leonel Ramis</span></div><svg viewBox="0 0 24 24" xmlns="http://www.w3.org/2000/svg" class="h-4 w-4 fill-base-tertiary"><path fill-rule="evenodd" clip-rule="evenodd" d="M10 12a2 2 0 114 0 2 2 0 01-4 0z"></path></svg></div></div></div><div class="w-full text-start"><p class="tablet paragraph-md whitespace-pre-wrap px-3 tablet:px-4 py-2 text-base-secondary"><i>Sentiment status:</i> Neutral</p><p class="tablet paragraph-md whitespace-pre-wrap px-3 tablet:px-4 py-2 text-base-secondary">As of this writing, <b>SOL Coin has broken past the $250 mark</b>, setting a new high for 2024. This impressive rally stems from a report allegedly based on insider information. If the leaks hold true, the altcoin market could be poised for a bullish run, with SOL and ETH leading the charge.</p><div class="flex w-full flex-col gap-2 p-3 tablet:p-4"><div class="overflow-hidden rounded-xl bg-base-primary"><div class="relative h-full w-full"><img alt="" loading="lazy" decoding="async" data-nimg="fill" class="!relative block object-cover" style="position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent" sizes="100vw" srcSet="https://images.ctfassets.net/xl9ff1zzmlku/4ToPMi4TiUFZnu0xnWkdlw/de7b0351d5dfd8d4e9c31ce3c6fd3ffa/solana.jpg?w=640&q=100&fm=webp 640w, https://images.ctfassets.net/xl9ff1zzmlku/4ToPMi4TiUFZnu0xnWkdlw/de7b0351d5dfd8d4e9c31ce3c6fd3ffa/solana.jpg?w=640&q=100&fm=webp 750w, https://images.ctfassets.net/xl9ff1zzmlku/4ToPMi4TiUFZnu0xnWkdlw/de7b0351d5dfd8d4e9c31ce3c6fd3ffa/solana.jpg?w=640&q=100&fm=webp 828w, https://images.ctfassets.net/xl9ff1zzmlku/4ToPMi4TiUFZnu0xnWkdlw/de7b0351d5dfd8d4e9c31ce3c6fd3ffa/solana.jpg?w=640&q=100&fm=webp 1080w, https://images.ctfassets.net/xl9ff1zzmlku/4ToPMi4TiUFZnu0xnWkdlw/de7b0351d5dfd8d4e9c31ce3c6fd3ffa/solana.jpg?w=640&q=100&fm=webp 1200w, https://images.ctfassets.net/xl9ff1zzmlku/4ToPMi4TiUFZnu0xnWkdlw/de7b0351d5dfd8d4e9c31ce3c6fd3ffa/solana.jpg?w=640&q=100&fm=webp 1920w, https://images.ctfassets.net/xl9ff1zzmlku/4ToPMi4TiUFZnu0xnWkdlw/de7b0351d5dfd8d4e9c31ce3c6fd3ffa/solana.jpg?w=640&q=100&fm=webp 2048w, https://images.ctfassets.net/xl9ff1zzmlku/4ToPMi4TiUFZnu0xnWkdlw/de7b0351d5dfd8d4e9c31ce3c6fd3ffa/solana.jpg?w=640&q=100&fm=webp 3840w" src="https://images.ctfassets.net/xl9ff1zzmlku/4ToPMi4TiUFZnu0xnWkdlw/de7b0351d5dfd8d4e9c31ce3c6fd3ffa/solana.jpg?w=640&q=100&fm=webp"/></div></div><span class="text-center text-base-tertiary text-sm italic">In a stunning move, SOL Coin has surged past $250, marking a fresh peak for 2024 as this article takes shape. </span></div><h2 id="sol-coin-breaks-250-barrier-setting-a-new-2024-high" class="px-3 tablet:px-4 pt-4 pb-1 title-xl"><b>SOL Coin Breaks $250 Barrier, Setting a New 2024 High</b></h2><p class="tablet paragraph-md whitespace-pre-wrap px-3 tablet:px-4 py-2 text-base-secondary">The explosive rise is reportedly linked to insights from <b>two insiders</b> familiar with the matter. Should these leaks prove accurate, the altcoin market might be gearing up for a broader rally, with SOL and ETH leading the charge. Meanwhile, Bitcoin (BTC) continues its steady dance, fluctuating within a narrow range of $97,000 to $96,500.</p><h2 id="the-big-question-when-will-solanas-sol-etf-get-approved" class="px-3 tablet:px-4 pt-4 pb-1 title-xl"><b>The Big Question: When Will Solana’s (SOL) ETF Get Approved?</b></h2><p class="tablet paragraph-md whitespace-pre-wrap px-3 tablet:px-4 py-2 text-base-secondary">A recent announcement from Fox Business reporter <b>Eleanor Terrett</b> sent ripples of excitement through the <a class="text-comp-link-text-default no-underline" href="https://www.coinscan.com/glossary/Solana">Solana (SOL)</a> investor community. With SOL already riding high around $245, expectations are soaring for the approval of pending ETF applications. The excitement has only been amplified by the resignation of Gary Gensler, the former SEC Chair. Insiders suggest that the current administration is actively advancing the approval process, leaving investors eagerly anticipating the next move in this unfolding story.</p><h2 id="eleanor-terrett-reports-progress-on-sol-spot-etf-applications" class="px-3 tablet:px-4 pt-4 pb-1 title-xl"><b>Eleanor Terrett Reports Progress on SOL Spot ETF Applications</b></h2><p class="tablet paragraph-md whitespace-pre-wrap px-3 tablet:px-4 py-2 text-base-secondary">Eleanor Terrett recently shared an <b>intriguing update</b>:</p><p class="tablet paragraph-md whitespace-pre-wrap px-3 tablet:px-4 py-2 text-base-secondary">"According to two well-placed sources, the S-1 filings for a SOL Spot ETF are making headway. These insiders hinted that 19b4 applications to exchanges on behalf of potential issuers could surface soon, signaling the next critical phase in the <a class="text-comp-link-text-default no-underline" href="https://www.coinscan.com/glossary/exchanged-traded-fund-etf">ETF </a>approval journey."</p><p class="tablet paragraph-md whitespace-pre-wrap px-3 tablet:px-4 py-2 text-base-secondary">Currently, ETF applications have been submitted by VanEck, 21Shares, and Canary, with Bitwise expressing its intention to <b>join the race</b>. The 19b4 filings, to be submitted to the CBOE, trigger a 240-day window for the SEC to approve or deny the application once acknowledged. </p><p class="tablet paragraph-md whitespace-pre-wrap px-3 tablet:px-4 py-2 text-base-secondary">However, a 19b4 filing is far from a guarantee. Earlier filings from VanEck and 21Shares were quietly removed from the CBOE website in August, a move some attributed to the influence of former SEC Chair <b>Gary Gensler</b>.</p><p class="tablet paragraph-md whitespace-pre-wrap px-3 tablet:px-4 py-2 text-base-secondary">Now, with a more crypto-friendly administration and proactive engagement from regulatory staff, issuers are <b>increasingly optimistic</b>. They believe these factors could pave the way for SOL ETF approval as early as 2025, potentially marking a new milestone for the cryptocurrency market.</p></div><style data-emotion="css dhj3yu">.css-dhj3yu{padding-left:0.750rem;padding-right:0.750rem;padding-top:1.000rem;padding-bottom:1.000rem;}@media (min-width: 580px){.css-dhj3yu{padding-left:2.000rem;padding-right:2.000rem;}}@media (min-width: 1200px){.css-dhj3yu{padding-left:3.000rem;padding-right:3.000rem;}}@media (min-width: 580px){.css-dhj3yu{padding-top:1.500rem;padding-bottom:1.500rem;}}</style><div class="css-dhj3yu eg84oto0"><style data-emotion="css 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Visit the ${tokenName} markets page on CoinScan to learn how to buy and sell ${baseSymbol} securely.","aboutTokenQuestion5":"Token address of ${tokenName}","aboutTokenAnswer5":"The address of ${tokenName} is ${baseAddress}.","fullyDilutedMarketCapTooltipContent":"(Total Supply * Current Price)","confirmRemoveWatchlistItemTitle":"Remove Selected Items?","confirmRemoveWatchlistItemDescription":"By confirming the action, all selected items will be removed from watchlist.","confirmRemoveWatchlistItemNote":"Note: If you remove the items from the \"All\" group, they will be removed from all any other assigned groups.","watchlistLimitReached":"You have reached the limit of the item can be added to the watchlist.(${limit}/${limit})","globalSearchNothingFoundTitle":"Looks like nothing found here","globalSearchNothingFoundText":"Please try diffrent request","readMore":"Read More","addToWatchlist":"Add to Watchlist","openTabOnPin":"Open on Pin","dolphin":"Dolphin: $250-$1k bought or sold","fish":"Fish: $10-$250 bought or sold","kraken":"Kraken: $100k+ bought or sold","shark":"Shark: $1k-$10k bought or sold","shrimp":"Shrimp: \u003c$10 bought or sold","whale":"Whale: $10k-$100k bought or sold","save":"Save","howToBuy":"How to Buy ${symbol}","marketsFaqQuestion1":"1. Choose where to buy ${tokenName}","marketsFaqAnswear1":"\u003cp\u003eCoinScan Markets page lists every exchange selling ${tokenName}, both centralized and decentralized. Compare the price of ${tokenName} across every exchange to find the best price for ${tokenName}, the best volume, or the highest-rated exchange to buy ${tokenName} from.\u003c/p\u003e\n\n\u003cp\u003e\u0026nbsp;\u003c/p\u003e\n\n\u003cp\u003eCoinScan has reviewed over 100 crypto exchanges in depth to assist your decision when choosing where to buy ${tokenName} from.\u003c/p\u003e","marketsFaqQuestion2":"2. Research and prepare your funds","marketsFaqAnswear2":"\u003cp\u003eBefore investing in cryptocurrency, always perform thorough due diligence on the project.\u003c/p\u003e\n\n\u003cul\u003e\n \u003cli\u003eEnsuring the smart contract is safe, audited, or renounced, depending on the situation\u003c/li\u003e\n \u003cli\u003eCross referencing the tokens social media pages \u0026 website to \u003cb\u003eensure you are buying the correct token\u003c/b\u003e and not a scam\u003c/li\u003e\n \u003cli\u003e\u003cb\u003eVerifying that the liquidity is secured\u003c/b\u003e either by being locked, burned, or held in another secure way by a reputable third party.\u003c/li\u003e\n \u003cli\u003e\u003cb\u003eChecking that the team is active and involved\u003c/b\u003e in the project\u003c/li\u003e\n\u003c/ul\u003e\n\n\u003cp\u003eAfter committing to ${tokenName} and picking an exchange, prepare your funds while also considering possible fees. Our exchange reviews extensively cover fees and requirements, helping you plan for transaction fees, withdrawal fees, and network costs.\u003c/p\u003e","marketsFaqQuestion3":"3. Create an account","marketsFaqAnswear3":"Once you have all of the above figured out, the rest is relatively straightforward. Go to the exchange of your choice and if you don’t already have an account, create one using the convenient ‘visit site’ link on the right side of each exchange. \n\nSome exchanges require you to complete KYC requirements before you are allowed to trade or withdraw, so check \u003ca href=\"${exchangeReviewsUrl}\" style=\"color:var(--colors-component-link-text)\"\u003eExchange reviews\u003c/a\u003e for clarification here. \n\nNow it’s time to deposit funds into your account or wallet. Most exchanges will require you to send funds to a wallet address that is assigned to you for a period of time. \n\nMake sure you select the correct network and token you are depositing, then double check wallet addresses to ensure your funds arrive safely! Once your funds have arrived, complete the purchase.","marketsFaqQuestion4":"4. Secure your ${tokenName} coins","marketsFaqAnswear4":"Once you’ve purchased your ${tokenName} coins, you’ll need to determine how you will store those coins and more importantly, where. \n\nYou can keep your ${tokenName} coins on an exchange, in a self custodial wallet such as Metamask or Trustwallet, or a secure cold storage wallet like Trezor or Ledger. See our guide on the difference between all three so you can choose the method that best suits your needs. \n\nGenerally, the more secure the storage method, the more inconvenience you’ll face when trying to trade them later on.","marketsFaqQuestion5":"5. Monitor ${tokenName} price regularly","marketsFaqAnswear5":"\u003cp\u003eCoinscan not only helps you find the best price for ${tokenName}, but is also the ultimate charting platform allowing you to stay up to date with everything regarding ${tokenName}. Simply add the token to your favorites list at the top right of the screen and click the heart icon to see real-time price and market cap.\u003c/p\u003e\n\n\u003cp\u003eAdditionally, you can utilize CoinScan's various tools so you can:\u003c/p\u003e\n\n\u003cul\u003e\n \u003cli\u003eView real-time ${tokenName} holders and their balances, so you can always know how many new holders your token has gained or lost with our \u003cb\u003eHolders Tool\u003c/b\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\u003cp\u003e\u003cbr /\u003e\n\u003cspan\u003ePlus \u003cu\u003emany more features\u003c/u\u003e\u003c/span\u003e that will elevate your trading experience to the next level!\u003c/p\u003e","whereToBuy":"How to buy ${tokenName}?","marketsDescription":"A list of all exchanges of where you can buy ${tokenName} coin. Below the table of exchanges you can also find a step by step guide of how to buy CoinScan.","buyNow":"Buy Now","confidenceNa":"NA","confidenceHigh":"High","confidenceModerate":"Moderate","confidenceLow":"Low","markets":"Markets","distribution":"Distribution","table":"Table","glossaryEmptyStateTitle":"Term was not found","glossaryEmptyStateContent":"The term is either misspelled or does not exist in our database.","glossaryMetaTitle":"Become a Crypto Expert | CoinScan's Crypto Guides \u0026 Terms Glossary","glossaryMetaDescription":"Master the world of cryptocurrency with CoinScan's comprehensive crypto guides \u0026 terms glossary, become a true crypto expert.","new-pairsTitle":"Live New Pairs","new-pairsNetworkTitle":"New Pairs on ${network}","new-pairsDexTitle":"${dex} New Pairs on ${network}","glossaryTitle":"Crypto Glossary","glossarySubTitle":"Search for crypto and finance terms and see easy to understand definitions and examples.","blogHeroTitle":"Blog","blogHeroSubTitle":"Read our blog to find out interesting facts from the crypto industry","blogMetaTitle":"CoinScan's Crypto Blog: Unlimited Crypto News \u0026 Tips","blogMetaDescription":"CoinScan's Crypto Blog: Your gateway to endless crypto news and expert tips, keeping you informed in the digital currency realm.","blogSearchPlaceholder":"Search","allCategoriesBlogDropDown":"All Categories","shareThisArticle":"Share this article","popularArticlesTitle":"Most Popular Articles","logout":"Log Out","exchangeReviewNavigationHeaderDefault":"Expert review","openAnAccount":"Open an Account","promo":"Promo","promoButton":"Claim Bonus","socials":"Socials","proofOfReserves":"Proof of Reserves","cryptocurrencies":"Cryptocurrencies","feesTaker":"Fees Taker","feesMaker":"Fees Maker","mobileApp":"Mobile App","support":"Support","viewToken":"View Token","wheretoBuyMetaTitle":"How to Buy and Sell ${name} Tokens: Explore All ${name} Markets","whereToBuyMetaDescription":"Find out where to buy and sell ${name} tokens with ease. 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This impressive rally stems from a report allegedly based on insider information. If the leaks hold true, the altcoin market could be poised for a bullish run, with SOL and ETH leading the charge.","marks":[],"data":{}}]},{"nodeType":"embedded-asset-block","data":{"target":{"id":"4ToPMi4TiUFZnu0xnWkdlw","type":"Asset","sys":{"space":{"sys":{"type":"Link","linkType":"Space","id":"xl9ff1zzmlku"}},"id":"4ToPMi4TiUFZnu0xnWkdlw","type":"Asset","createdAt":"2024-11-21T16:12:51.984Z","updatedAt":"2024-11-21T16:12:51.984Z","environment":{"sys":{"id":"master","type":"Link","linkType":"Environment"}},"publishedVersion":6,"revision":1},"fields":{"title":{"en-US":"Solana hits new higs"},"description":{"en-US":"In a stunning move, SOL Coin has surged past $250, marking a fresh peak for 2024 as this article takes shape. "},"file":{"en-US":{"url":"//images.ctfassets.net/xl9ff1zzmlku/4ToPMi4TiUFZnu0xnWkdlw/de7b0351d5dfd8d4e9c31ce3c6fd3ffa/solana.jpg","details":{"size":49656,"image":{"width":600,"height":200}},"fileName":"solana.jpg","contentType":"image/jpeg"}}}}},"content":[]},{"nodeType":"heading-2","data":{},"content":[{"nodeType":"text","value":"SOL Coin Breaks $250 Barrier, Setting a New 2024 High","marks":[{"type":"bold"}],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"The explosive rise is reportedly linked to insights from ","marks":[],"data":{}},{"nodeType":"text","value":"two insiders","marks":[{"type":"bold"}],"data":{}},{"nodeType":"text","value":" familiar with the matter. Should these leaks prove accurate, the altcoin market might be gearing up for a broader rally, with SOL and ETH leading the charge. Meanwhile, Bitcoin (BTC) continues its steady dance, fluctuating within a narrow range of $97,000 to $96,500.","marks":[],"data":{}}]},{"nodeType":"heading-2","data":{},"content":[{"nodeType":"text","value":"The Big Question: When Will Solana’s (SOL) ETF Get Approved?","marks":[{"type":"bold"}],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"A recent announcement from Fox Business reporter ","marks":[],"data":{}},{"nodeType":"text","value":"Eleanor Terrett","marks":[{"type":"bold"}],"data":{}},{"nodeType":"text","value":" sent ripples of excitement through the ","marks":[],"data":{}},{"nodeType":"hyperlink","data":{"uri":"https://www.coinscan.com/glossary/Solana"},"content":[{"nodeType":"text","value":"Solana (SOL)","marks":[],"data":{}}]},{"nodeType":"text","value":" investor community. With SOL already riding high around $245, expectations are soaring for the approval of pending ETF applications. The excitement has only been amplified by the resignation of Gary Gensler, the former SEC Chair. Insiders suggest that the current administration is actively advancing the approval process, leaving investors eagerly anticipating the next move in this unfolding story.","marks":[],"data":{}}]},{"nodeType":"heading-2","data":{},"content":[{"nodeType":"text","value":"Eleanor Terrett Reports Progress on SOL Spot ETF Applications","marks":[{"type":"bold"}],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"Eleanor Terrett recently shared an ","marks":[],"data":{}},{"nodeType":"text","value":"intriguing update","marks":[{"type":"bold"}],"data":{}},{"nodeType":"text","value":":","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"\"According to two well-placed sources, the S-1 filings for a SOL Spot ETF are making headway. These insiders hinted that 19b4 applications to exchanges on behalf of potential issuers could surface soon, signaling the next critical phase in the ","marks":[],"data":{}},{"nodeType":"hyperlink","data":{"uri":"https://www.coinscan.com/glossary/exchanged-traded-fund-etf"},"content":[{"nodeType":"text","value":"ETF ","marks":[],"data":{}}]},{"nodeType":"text","value":"approval journey.\"","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"Currently, ETF applications have been submitted by VanEck, 21Shares, and Canary, with Bitwise expressing its intention to ","marks":[],"data":{}},{"nodeType":"text","value":"join the race","marks":[{"type":"bold"}],"data":{}},{"nodeType":"text","value":". The 19b4 filings, to be submitted to the CBOE, trigger a 240-day window for the SEC to approve or deny the application once acknowledged. ","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"However, a 19b4 filing is far from a guarantee. Earlier filings from VanEck and 21Shares were quietly removed from the CBOE website in August, a move some attributed to the influence of former SEC Chair ","marks":[],"data":{}},{"nodeType":"text","value":"Gary Gensler","marks":[{"type":"bold"}],"data":{}},{"nodeType":"text","value":".","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"Now, with a more crypto-friendly administration and proactive engagement from regulatory staff, issuers are ","marks":[],"data":{}},{"nodeType":"text","value":"increasingly optimistic","marks":[{"type":"bold"}],"data":{}},{"nodeType":"text","value":". They believe these factors could pave the way for SOL ETF approval as early as 2025, potentially marking a new milestone for the cryptocurrency market.","marks":[],"data":{}}]}]}}},"description":"Crypto Community Awaits Breakthrough in Solana ETF Applications","publish":true,"previewImage":{"id":"6ghkfRlJBe6JkxdBJ1DESm","type":"Asset","sys":{"space":{"sys":{"type":"Link","linkType":"Space","id":"xl9ff1zzmlku"}},"id":"6ghkfRlJBe6JkxdBJ1DESm","type":"Asset","createdAt":"2024-11-21T16:21:55.708Z","updatedAt":"2024-11-21T16:21:55.708Z","environment":{"sys":{"id":"master","type":"Link","linkType":"Environment"}},"publishedVersion":5,"revision":1},"fields":{"title":{"en-US":"SOL Price Surge Fuels Speculation Around ETF Approval Timeline"},"description":{"en-US":"Explore the growing optimism surrounding Solana ETF approval and the next steps in the 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