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Futures ETF Incoming, and more...

Hello there, this is your daily dose of Solsome news.
In today’s Solsome news,
🔥 Solana Takes the Leap: Futures ETF Incoming!
🚀 DePIN's No Man's Land Dilemma: Revenue is the Key!
🔥 Futures Soar to $12.1M on CME!
🔥 Solana Soars 8% as Crypto Markets Bounce Back!
🔥 CEO Apologizes for Controversial Ad Blunder
🔥 Solana Takes the Leap: Futures ETF Incoming! LINK
The first Solana futures ETFs, SOLZ and SOLT, are set to launch on March 20, potentially boosting institutional adoption for the SOL token.
Analysts predict that these ETFs may attract $3-$6 billion in net assets within six months of a spot ETF launch, but initial inflows could disappoint.
Solana's status gets a legitimacy boost, eyeing competition with Ethereum as the futures ETF opens doors for wider adoption.
🚀 DePIN's No Man's Land Dilemma: Revenue is the Key! LINK
Fundamental investors are hitting the brakes, arguing that market caps are inflated compared to current revenue streams—what's hot, but not profitable enough!
Crypto native investors are staying cautious, linking potential upside to real revenue rather than just hype—no revenue, no party!
The ultimate solution? Rev up those revenue engines!
🔥 Futures Soar to $12.1M on CME! LINK
Volatility Shares is set to debut the first U.S. Solana ETFs—SOLZ and the leveraged SOLT—on March 20, marking a significant milestone for the Solana ecosystem.
The SOLZ ETF has a management fee starting at 0.95%, while SOLT boasts a 1.85% fee for those craving double the leverage.
With recent Solana futures trading clocking in at around $12.1 million, these ETFs are likely to ramp up institutional interest and price dynamics for SOL!
🔥 Solana Soars 8% as Crypto Markets Bounce Back! LINK
Solana’s native token, SOL, jumped 8% following a wider crypto market recovery fueled by optimism around inflation and interest rates.
Total Value Locked (TVL) on Solana reached a peak of 53.2 million SOL, marking a 10% rise in just a month! It's now holding solid at $6.8 billion TVL, beating BNB Chain.
Despite SOL’s recent price dip, bullish sentiment prevails with balanced demand for leveraged positions, positioning SOL well for a potential rally!
🔥 CEO Apologizes for Controversial Ad Blunder LINK
Anatoly Yakovenko admits the "America Is Back" ad was a major misstep that drew heavy criticism, racking up 1.2M views before being deleted in under 9 hours.
He expressed shame over downplaying the backlash, calling the ad "mean" and acknowledging its negative impact on marginalized communities.
Yakovenko vows lessons learned will keep Solana focused on innovation and away from cultural conflicts.
Others news you might like
💰 North Carolina Considers Bitcoin for Public Funds! The state’s Senate is proposing a bill that could allocate up to 10% of public funds to Bitcoin, boosting its legitimacy as a reserve asset.
🚨 Australia Strikes Back Against Crypto Scams! Authorities have launched Operation Firestorm, dismantling a sophisticated scheme falsely posing as Binance, protecting countless investors.
🔥 Market Shake-Up: Crypto Dips as Gold Soars! Crypto markets are under pressure with Bitcoin ETF inflows slowing, while gold hits an all-time high, signaling a potential shift in investor sentiment.
🚀 DeFi’s Bright Future! Bitwise's CIO highlights the potential of utility tokens like Aptos and Sui as strong contenders for upcoming ETFs, signaling a bullish turn in the crypto market.
🔻 Bitcoin Liquidity Sinks Amid Market Turmoil Liquidity is shrinking as Bitcoin exchange inflows plummet by 54%, highlighting a cautious market adjusting to recent price corrections.
Some tweets you make like
Firedancer and its conformance toolchain are making @solana clients more resilient.
We're happy to support @Syndica_io's continuous fuzzing efforts as they work toward their long-term conformance goals.
— asymmetric research (@asymmetric_re)
4:41 PM • Mar 20, 2025
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