What’s Next After BTC/ETH SPOT ETFs?
Now that BTC and ETH SPOT ETFs are approved, the cryptocurrency world is buzzing with speculation about the next contenders…
Could it be the usual suspects like $XRP, $SOL, and $ADA, or will new projects emerge to join the race?
In my personal opinion, either $XRP or $Solana will take the first step.
However, I believe $Solana will have the upper hand due to the ongoing lawsuit involving $XRP.
It’s also possible that there will be no new approvals for a few more years.
If Solana manages to achieve ETF approval, even though it won’t be this year, it will be a significant milestone for the Solana chain and its investors. I can see $Solana reaching the $500 to $600 range, or even hitting $1,000.
If XRP sorts out their lawsuit soon, they could directly apply for a spot ETF.
For Cardano ($ADA) to achieve this, they need to build more trust among investors, as $ADA is currently perfectly living up to its nickname, “the ghost chain.”
Who else could jump into the spot ETF arena? Does $BNB have a chance?
Could $DOGE or $SHIBA become the first meme coins to achieve this milestone?
There may be other projects aiming for this goal—time will tell.
I still think $Solana will win the race.
This is solely the opinion of the author, and experts may have different views.
Happy to see some predictions in the comments section.
DYOR/NFA
