Is it possible for a Solana ETF?

Recently, the praise from the trillion-dollar asset management company Franklin Templeton for the Solana network on X (Twitter) has sparked new hope for a potential Solana ETF in the distant future.

In a post on social media on January 18, the official account of the asset manager noted their admiration for the many developments within the Solana ecosystem.

On Solana, we see Anatoly’s vision of a single atomic state machine as a powerful use case of decentralized blockchains, lowering information asymmetry. And we are impressed by all the activity seen on Solana in Q4 2023
-Meme coins
-NFT innovation
-Firedancer – Crypto forum discussions about all aspects of cryptocurrency bitforum socialfi #InnovationSocialNetwork

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SOL could be the new ETH, so if ETH ETF could be approved, why not SOL?


Solana ecosystem about Meme and Dapps is quite active in 2023 and the beginning of 2024. :money_with_wings:

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FTX is holding big amount of SOL.

Solana is making efforts to attract more applications onto its network, yet these endeavors represent just a small number compared to Ethereum.