Solana is not a new name in the Crypto market and if you go by the top five coins by the market cap then you will find that this is the latest project in this segment. Sometimes a new project can also do wonders in the market and the Solana is the one that has proven its existence in the market by its fantastic adoption. What they have tried to build is good for the community even though we have seen how their blockchain has struggled in the past to keep it running but still, people like it.
At least we can say that adoption is growing for the chain and it's reflected in the coin price in the market which has made the coin in the top five. It's a big achievement for this coin I would say and it's not easy for any project to have a spot here and now there are discussions that Solana will also be getting listed as spot etf. I don't know what will happen in the future but looks like this is a good coin to be considered for exchange-traded funds after Ethereum.
As of now, there is no official update about it however there are some discussions on social media where people are discussing but just imagine if this happens then surely there will be nothing that can stop the group from this coin in the market. It has grown significantly this year and there was a time when this coin was not doing good and people thought it is a dead project but it has revived itself and proved that it has something that can bring the attention of the Crypto community.
The market is going through great momentum and this is why after Bitcoin it is expected that now the rally for Alt coin will also start however it might take some time because we are in the early phase of the Bull run cycle for this year. It may take a couple of months to see the alt rally in the market where almost every coin will pump so be ready and face whatever you see in the market while leveraging this opportunity for your presence in the Crypto space.
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