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Solana and XRP rally 60%, but this utility altcoin could hit $10

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Ripple and Solana may soon see ETF funds unlocking massive demand, while DTX Exchange ICO sets new standards by raising over $13m.

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There is a lot of speculation that Ripple and Solana will soon receive their own ETF funds, which could unlock massive demand for them in the upcoming bull run. Exchange-traded funds, like the possible SOL ETF and XRP ETF, help expand regulated investment options. They will track the performance of Solana and Ripple, which will be traded on traditional stock exchanges.

Solana and Ripple are trading near their all-time highs, and their prices have seen incredible momentum. With a SOL ETF and an XRP ETF in the picture, everyone can be part of the growth of both these crypto giants. Standing tall in competition with Solana and Ripple is DTX Exchange. The DTX ICO has broken all barriers and will set a new standard in the altcoin market once its token is listed. Currently, the presale for the hybrid trading platform is in its last stage, having raised more than $13m.

Is the wait for a SOL ETF over?

A SOL ETF would track Solana’s price without requiring direct ownership. The SEC (Securities and Exchange Commission) is in the middle of a leadership change, and we have yet to hear news about the approval of the SOL ETF. Perhaps a more comprehensive framework is required by the SEC to approve the SOL ETF.

These filings come on the heels of a new US Administration swearing into office and hopes of establishing a pro-crypto SEC, with Mark Uyeda serving as interim SEC chair. The SEC now has a dedicated crypto task force to ensure regulatory compliance for digital assets and more regulatory clarity for the common man.

With a favorable SEC administration, there is hope that the SOL ETF will

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