June 16, 2025

Best Crypto to Buy Now as Solana ETF Approvals Predicted To Be Closer Than Ever

7 min read

Exchange-traded fund headlines have always injected fresh electricity into the crypto market. Every new filing hints at deeper capital and a stronger seal of legitimacy than retail enthusiasm alone can provide. The latest catalyst is Solana. On 13 June, the Securities and Exchange Commission quietly asked a cluster of heavyweight issuers to submit refreshed S1 documents for proposed spot Solana funds, a move many analysts interpret as an informal green light to keep the process moving. When the same regulator that only recently waved Bitcoin products through begins reviewing another chain, it shows that digital assets are no longer a single-coin story. Hope for a broader institutional embrace has returned just as prices struggle under geopolitical stress. Solana’s ETF Moment Could Set the Altcoin Market on Fire Within a short window, some of the largest names in asset management delivered updated filings for spot Solana ETFs. Fidelity, Franklin Templeton, Grayscale, 21Shares, Bitwise, and even Canary all appeared on the list. These aren’t speculative newcomers. These are firms with decades of institutional reach now attempting to wrap Solana into something Wall Street can trade with a click. More importantly, this round of filings includes a serious feature: staking. That opens up the possibility of Solana ETFs not only tracking price but also generating native yield. UPDATE: Multiple stories broke the news earlier this week that the SEC had reached out to issuers requesting them to submit updated documents for their Solana ETFs & to include staking. As of 5 PM EST we have 6 of the 7 hopeful Solana ETF issuers that have submitted those S-1’s pic.twitter.com/WqPI2jf2CW — James Seyffart (@JSeyff) June 13, 2025 It’s a striking change in tone. Until recently, the assumption was that altcoin-based ETFs were still years away. Now it feels like the floodgates could open, and Solana is first in line. The impact of that is not limited to just SOL. Whenever fresh institutional money enters a major chain, the effects bleed into everything that operates in its orbit: meme tokens, infrastructure projects, and DeFi applications. Add to that the growing chatter around companies like Amazon and Walmart exploring stablecoins for real-world utility. These aren’t just theoretical discussions. Blockchain is being scouted for high-volume commercial use, and if that materializes, Solana stands as one of the top contenders to support it. The network is fast, relatively low-cost, and already trending among developers. All of this builds a perfect backdrop. Solana’s possible ETF approval might not just lift one asset. It might ignite the next rotation. And if that happens, the smartest bets may be on what moves next, not just what moves first. Best Crypto to Buy Now – Altcoins Worth Checking Out Solaxy Solaxy is a layer two ledger created to relieve pressure on both Solana and Ethereum. Validators collect thousands of user interactions, compress them into a single proof, and post that proof to whichever base chain the sender prefers. Fees drop to almost nothing and finality settles in roughly one second. Developers keep the familiar Solana programming model, so migrations involve only a change of endpoint instead of a full rewrite. A portion of every network fee moves to a burn address, reducing supply as volume grows. Proposed Solana exchange-traded funds could send unprecedented traffic through the chain, and stress tests show that Solaxy absorbs those bursts without raising costs. Large desks can route trades through Solaxy, rebalance across chains, and settle on their chosen ledger while retaining the trust guarantees of each base network. It’s now clear… NOTHING can slow $SOLX down. 🛸🪐49M Raised! 🔥 pic.twitter.com/uEFZXiROcQ — SOLAXY (@SOLAXYTOKEN) June 13, 2025 Having raised close to a whopping $50 million, SOLX, the native token of the project, is likely to go live across multiple exchanges very soon. The same mechanism lets consumer apps confirm in-game asset changes instantly yet still anchor ownership on a public ledger. With a live validator set, auditable throughput, and a supply curve that tightens whenever volume rises, Solaxy offers a direct line to any institutional wave that follows the first Solana fund approval. Snorter Snorter operates inside Telegram, the same chat windows traders already use each day. The bot monitors new liquidity pools on Solana, checks bytecode against a risk engine that screens for honeypots, and fires orders if the token passes. The entire cycle finishes in about a second, so users often enter before price trackers even list the pair. Preferences live locally, and keys never leave the owner’s wallet. Experienced scouts can publish playbooks for followers who mirror trades automatically, paying a portion of realised profit to the strategist. That fee flows to token stakers who keep servers online and fund recurring audits, creating an ecosystem where every role earns something. The project’s theme itself is exciting too, since it features an aardvark which, as the name suggests, sorts and finds out gems and opportunities for investors to make more profits. A creative use of design elements like this is often what intrigues and attracts attention, something that the developers have managed to understand and apply strategically. A Solana ETF wave would draw more builders and traders, and Snorter is prepared for that surge. It already aggregates pool data from Orca and Raydium, with Ethereum and Base support scheduled next month. A recent audit financed by the Solana Foundation cleared critical issues, giving newcomers confidence that orders route safely. For anyone who wants speed and security in the same interface, Snorter turns Telegram into a launchpad instead of a chat room. Bitcoin Hyper Bitcoin Hyper delivers the speed of the Solana Virtual Machine to the world’s oldest blockchain without surrendering Bitcoin’s security principles. The process begins when a user deposits native bitcoin into a monitored address. A relay contract written for Solana’s runtime then checks the incoming block headers and transaction proofs. Once verification passes, an equal amount of wrapped bitcoin appears on the Bitcoin Hyper network, ready for transfers that confirm almost immediately. Activity on this layer two does not remain in isolation. Transactions batch into concise proofs, and every cycle a summary of network state returns to Bitcoin’s first layer, anchoring the ledger in familiar proof-of-work territory. Withdrawals simply reverse the path. A request on the faster rail instructs the canonical bridge to unlock the original coins, so custody never leaves the user’s control. The native token forms the system’s economic engine. Guardians who watch for double spend collect it as payment, liquidity providers earn it for keeping channels full, and stakers receive a share of network fees while also voting on upgrades. Current distribution allocates 30% to ongoing development, 25% to a treasury for expansion, and the remainder across marketing, exchange listings, and community rewards. An audit by Coinsult has already cleared the codebase, easing common concerns around new infrastructure. The project has been recommended as a top token worthy of consideration by leading crypto-based publication websites and creators like Cilinix Crypto , among others. Roughly $1.2 million has entered the current presale stage already and is likely to fill soon before the next price advance. That early traction arrives at a moment when spot Solana funds are inching toward approval. If institutional traders gain regulated access to Solana, they will also seek rapid pathways between bitcoin pairs. Bitcoin Hyper provides that route today, marrying the liquidity of the flagship asset with a settlement speed that aligns with modern markets. Best Wallet Token Best Wallet Token powers a multi-chain crypto wallet built for users who need both simplicity and serious control. It connects to over sixty networks, including Ethereum, Solana, Avalanche, and even lesser-known EVM chains, with balances, NFTs, and positions all visible in one unified dashboard. The design feels more like a banking super app than a traditional wallet, yet everything remains fully self-custodial. You hold the keys, and the interface never cuts corners on privacy. The utility of the token runs throughout the experience. It governs staking tiers, unlocks early access to high-interest pools, and secures the smart contract modules that power everything from swaps to analytics. One of its most unique features is the Upcoming Tokens tab, which is an in-app portal that curates trending presales and early launches before they go mainstream. This section is already becoming a magnet for both retail and influencers looking for signal over noise. Where this wallet starts to stand apart is its positioning around the incoming ETF wave. If institutional interest widens the crypto funnel, retail users will demand a platform that simplifies everything without limiting what they can do. Best Wallet is designed to be that bridge. Its layered security uses social recovery, local encryption, and smart contract backup options, all working quietly in the background. The project recently earned a spotlight in the New York Post, which profiled it as a rare case of a wallet that balances intuitive design with advanced functionality. That kind of mainstream attention often arrives late in a cycle. This time, it may have landed right on cue. Conclusion Institutional doors do not swing open often, yet every sign now points to a wider entryway for crypto. The request for Solana fund prospectuses hints at a future where regulated products track more than one flagship asset. Each new filing raises the odds that deep capital will pour across the broader market, rewarding networks that prove they can handle real volume under pressure. Investors who position early could benefit from the momentum that usually follows a landmark approval, while those who wait may find themselves paying a premium for the same exposure. Projects mentioned above may be worth checking out, alongside similar altcoins which may hold 10x potential or more in the coming weeks or months. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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