Which Crypto Can Turn $100 Into $10,000 in 2025? Analysts Compare Solana (SOL) and This Hidden Gem
The post Which Crypto Can Turn $100 Into $10,000 in 2025? Analysts Compare Solana (SOL) and This Hidden Gem appeared on BitcoinEthereumNews.com.
With the Solana price gaining momentum and speculation surrounding a potential SOL ETF, investors are searching for the next high-growth opportunity. While the Solana price battles bearish forces, analysts believe a hidden gem in the market could deliver even greater returns. This emerging project is attracting whale interest, and its unique technology and explosive growth potential position it as a top contender for 2025’s biggest breakout. Could this be the next 100x opportunity? Solana Price Struggles Below $200 as Franklin Templeton Files for SOL ETF Franklin Templeton officially submitted an S-1 registration statement to the U.S. Securities and Exchange Commission (SEC) on February 21, aiming to launch a SOL ETF. The proposed fund will track the Solana price movements, exposing investors to SOL without direct ownership. This filing follows the creation of the Franklin Solana Trust in Delaware, a crucial step toward the ETF approval. Interest in a SOL ETF is gaining traction, with Franklin Templeton, Grayscale, Bitwise, Canary Capital, 21Shares, and VanEck all submitting applications to the SEC. If approved, the Franklin Solana ETF will be listed on the Cboe BZX Exchange, and Coinbase Custody Trust Company, LLC will handle the secure storage of Solana holdings. A key feature of Franklin Templeton’s SOL ETF is staking rewards, offering an additional revenue stream for investors. However, uncertainty remains regarding how the SEC will classify staking, potentially impacting the fund’s approval process. In the past 24 hours, the Solana price has moved into the red zone, losing 6% to $158, with trading volume surging 60% to $2.73 billion. The Solana price has struggled to regain the $200 level it lost weeks ago. Analysts continue doubting whether Solana will surge to $212 by March 2025. Some see a dip in the $150 to $160 range due to regulatory uncertainty and market volatility.…
Filed under: News - @ March 3, 2025 2:20 pm