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The ETF application for Solana (SOL) seems to have reached the final stage, and its approval is highly likely, just a matter of time. This favourable information may trigger a strong rise in the market.
The market seems to be ready for this, now just waiting for a large influx of funds to drive prices to rise. However, the approval of the ETF is not the end, but a new beginning. What really deserves attention is the entry of institutional funds, which is the key factor for future price trends.
For those investors who are still watching, they may regret missing this opportunity once SOL starts to rise significantly. By the time favourable information is officially released, the best buying opportunity may have already passed. Therefore, for investors who already hold SOL, it may be a wise choice to remain patient and hold firm.
It is worth noting that the recent Federal Reserve's interest rate decision, the upcoming tenth anniversary of Ethereum, and the fact that some listed companies are beginning to implement cryptocurrency reserve strategies may all have a significant impact on the entire cryptocurrency market. In this broader context, the development prospects of Solana are worth close attention.