Solana ETF Is Next In Line, Buy These Solana Coins For High Returns
Crypto investors have their hands on the two popular exchange-traded funds, i.e., Bitcoin ETF and Ethereum ETF. And now the third one is also on the line as Solana ETF because of its rising popularity. Interestingly, 3iQ has already filed for the preliminary prospectus for the first Solana ETF (QSOL). Based on their X announcement, the company has applied for the Solana Fund (QSOL) by submitting the preliminary prospectus in Canada. This marks an opportunity for the investors because, with the demand buildup around the Solana ETFs, the Solana coins will see a major boost.
3iQ Corp. is pleased to announce that we have submitted a preliminary prospectus for The Solana Fund (QSOL) in Canada in relation to an initial public offering.
This continues our track record of innovation, and if receipt of applicable regulatory approvals is obtained, the… pic.twitter.com/7ghv05f8gU
— 3iQ Digital Asset Management (@3iq_corp) June 20, 2024
Solana meme coins are already in demand and have offered heavy returns this year. This will be a big event for these cryptocurrencies, and big price jumps might happen with the whole crypto market’s attention on them. On that note, let us discuss the four best Solana coins to buy to make the biggest gains in the Solana ETF hype.
Render (RNDR)
RNDR is among the top 30 cryptocurrencies on CoinmarketCap for its market capitalization of $2.8 Billion. It is also one of the top Solana Coins, offering 19100% gains since its launch. At the time of writing, the RNDR price is at $7.46 and has the potential to surge twice its value, as it already did in March.
Dogwifhat (WIF)
Dogwifhat is the most profiting coin of the year, where it has surged 1028% since launch and is currently at $1.90. It is on the lowest price, offering a high profit margin, as earlier in the year, it has maintained a price above $3 and has risen as high as $4.85. Once the Solana coins trend returns with ETF, WIF can rise as high as $10 based on analysts’ predictions.
Popcat (POPCAT)
Apart from being a Solana coin, Popcat is also in the cat-themed meme coins category, giving tough competition to the dogs. It has surged more than 1385% this year despite facing a downtrend in the current month. It peaked in April, surging to an all-time high of $0.7221, which is now 66% away from the current value of $0.2406.
Arweave (AR)
Arweave holders are on hold for a rally that has been pending since its 2021 rally, where it rose to an all-time high of $90.94. However, it did price profitably in March, but that was not the best performance. Now, the AR price is $25.92 and has drifted 72% from the ATH of $90.94. The ETF might initiate a similar ATH rally and increase its value to deserving highs like other Solana coins.
Continue Reading 7 Top Cryptos Bagging More Than 300% Gains This Month
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