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- Leshka.eth thinks Solana memecoins will dominate the following bull cycle.
- The influencer believes a Solana ETF approval will energy a SOL ecosystem bull run.
- VanEck and 21Shares have filed for Solana ETFs with the SEC.
Crypto influencer Leshka.eth, with a following of over 132,000 on X (previously Twitter), believes that memecoins on the Solana ecosystem may very well be the following massive factor within the crypto bull market. In a current submit, the analyst highlighted {that a} Solana (SOL) ETF approval can be the catalyst for this predicted memecoin rally.
Leshka.eth is assured that the SEC will approve Solana ETFs quickly, following the current approval of Ethereum ETFs. Utilizing a chart illustration, the influencer instructed {that a} Solana ETF approval may spark vital rallies amongst memecoins on its community, predicting features as excessive as 200%.
The influencer pointed to current Solana ETF filings by institutional buyers like VanEck and 21Shares as key occasions supporting his prediction. These filings, lower than two weeks in the past, mirror an analogous sample that preceded the current Ethereum ETF approval.
Based on Leshka.eth, the current filings by the funding giants are in step with the historic sample resulting in the current Ethereum ETF approval. He famous that one thing related occurred six months in the past, weeks earlier than rumors emerged about an upcoming Ethereum ETF approval by the SEC.
Leshka.eth’s forecast resonates with many within the crypto group who anticipate a Solana ETF approval quickly. They consider that approving SOL ETFs would appeal to vital capital to the Solana ecosystem, positively impacting the costs of tokens constructed on the blockchain, with SOL main the cost.
SOL at present trades at $142.97, having rebounded from a current pullback, in response to TradingView knowledge. The altcoin bounced off sturdy assist round $120, reigniting bullish sentiment amongst SOL holders because the broader crypto market seeks to regain its momentum.
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