Search results for "SOL"

Payment giant Fiserv plans to launch the FIUSD stablecoin on Solana by the end of the year.

According to Gate News bot, FinanceFeeds reports that payment giant Fiserv plans to launch a fiat-backed stablecoin FIUSD on the Solana blockchain by the end of the year, aimed at providing real-time, around-the-clock settlement for its global network of banks and merchants.
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The Nasdaq-listed company Fiserv will launch a USD-pegged stablecoin on Solana by the end of the year.

According to the statement on June 23, the major player in the global payment and financial services sector, Fiserv Inc., announced plans to launch a USD-pegged stablecoin called FIUSD on the Solana blockchain.
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VanEck Solana Spot ETF code VSO has been listed on the DTCC official website.

According to BlockBeats news on June 18, the VanEck Solana Spot ETF has been listed on the DTCC official website, with the code VSOL, and the creation/redemption section shows D. Although this move does not indicate that the ETF has received any regulatory approval or any explicit approval process results, being listed on the DTCC website is the "standard process" for launching a new ETF.
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Moonshot Listing Renegade Angel ($xavier)

PANews June 17 news, Moonshot announced the launch of Renegade Angel ($xavier) on the Solana chain, with a current market capitalization of approximately $12.7 million and a 24-hour volume of $7.2 million.
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Gate CandyDrop is launching the major Airdrop event 4.0 for everyone, participate to share the 2,000 SOL super Airdrop.

PANews June 17 news, according to the official announcement, Gate CandyDrop will launch the 4.0 universal Airdrop event from June 17 18:00 to July 1 18:00 (UTC+8), with a prize pool valued at approximately 300,000 USDT, available for both new and old users. Users can participate in sharing 2,000 SOL super airdrop by completing Futures Trading or inviting friends. The maximum airdrop share per person is 3 SOL.
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The probability of Solana ETF approval on Polymarket has risen to 76% by the end of July.

Gate News bot news, according to data from Polymarket, in the past 24 hours, the probability of the Solana ETF being approved by the US SEC as of July 31 has risen from 63% to 76%.
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pump.fun has sold approximately 4.1 million SOL since May 19, 2024.

According to the Gate News bot, as monitored by Lookonchain, pump.fun, which has had its account suspended by platform X, has sold approximately 4.1 million SOL (about 741 million USD) since May 19, 2024, at an average price of about 180 USD.
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USDC cross-chain migration: Nearly $70 million has been destroyed on Solana and minted on Ethereum.

PANews, June 17, news from Whale Alert monitoring, at 12:41 and 12:42 PM, the USDC issuer USDC Treasury minted 69,801,539 USDC (approximately 69.78 million USD) on Ethereum, while almost simultaneously destroying the same amount of USDC on the Solana chain, indicating that this is a standard cross-chain asset migration operation.
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USDC Treasury burned over 69 million USDC on Solana.

According to Jinse Finance, Whale Alert monitored that USDC Treasury burned 69,801,539 USDC on Solana.
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Galaxy Digital has staked a total of 63 million USD in SOL in the last 6 hours.

Gate News bot message, on-chain data shows that Galaxy Digital has staked another 150,000 SOL (worth 22.7 million USD). In the past 6 hours, Galaxy has staked a total of 63 million USD worth of SOL.
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Cantor Fitzgerald: The performance of SOL as a treasury asset will surpass that of ETH and BTC.

Gate News bot message, global financial services company Cantor Fitzgerald analysts predict that Solana (SOL) will become the preferred financial asset for enterprises. According to reports, the analyst noted that companies holding SOL on their balance sheets will gain a range of benefits.
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CoinShares submitted a Solana Spot ETF application to the US SEC.

Odaily News European digital asset management company CoinShares has submitted an application for a Solana Spot ETF (SOL ETF) to the U.S. SEC. This comes less than a week after seven institutions, including 21Shares and Bitwise, updated their related applications. Previously, Bloomberg senior ETF analyst Eric Balchunas predicted that the probability of such products being approved this year is
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CoinShares submits Solana Spot ETF application, eight institutions compete for approval from the US SEC.

According to Gate News bot, Decrypt reported that the European digital asset management company CoinShares has submitted a Solana Spot ETF (SOL ETF) application to the SEC. Prior to this, seven institutions including 21Shares and Bitwise had updated their relevant applications to the SEC. Bloomberg senior ETF analyst Eric Balchunas stated that the probability of approval for such products this year is 70%.
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The Meme coins on the Solana chain are rising, with WIF having a 24-hour increase of 21.5%.

Golden Finance reports that data shows Meme coins on the Solana chain have risen, with a 19.1% rise in the past 24 hours, among which: WIF has risen 21.5% in the past 24 hours, currently reported at 0.8339 USD; BONK has risen 14.3% in the past 24 hours, currently priced at 0.00001395 USD; PENGU has risen 18% in the past 24 hours, currently priced at 0.009887. AI16Z has risen 18.4% in the past 24 hours, currently priced at 0.1605 USD.
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Kazakhstan collaborates with Solana to establish a Blockchain Economic Zone

According to ChainCatcher news reported by News.Bitcoin, the Solana Foundation has signed a memorandum of understanding with the government of Kazakhstan to establish the first Blockchain Economic Zone in Central Asia, aiming to promote the development of tokenization in the Capital Market, cultivate Web3 talents, and attract Blockchain enterprises to settle.
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Kazakhstan collaborates with Solana to establish a Blockchain economic zone.

According to a report by Jinse Finance and News.Bitcoin, the Solana Foundation has signed a memorandum of understanding with the government of Kazakhstan to establish the first blockchain economic zone in Central Asia, aimed at promoting the development of tokenization in the capital market, cultivating Web3 talent, and attracting blockchain companies to settle.
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Solana Price Prediction: After falling to a two-month low due to the U.S. attack on Iran, SOL rebounds.

Gate news, on Monday (June 23) during the Asian early session, the price of Solana (SOL) rose alongside the recovery of the crypto assets market, after having fallen to a two-month low of $126 the previous day. This price pullback was triggered by panic sentiment caused by the U.S. attack on Iran over the weekend, which sparked risk aversion in the crypto assets market. From a technical perspective, the SOL price looks bearish; if the daily closing price falls below $130, it will confirm a pullback to the $118 level.
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Solana network expansion will redefine Blockchain scalability.

According to Gate News bot and reported by CryptoSlate, Ethereum's Layer-2 is built for scalability. Solana's network expansion is built for specialization. While Ethereum Rollups increase throughput, they all fundamentally operate under the same strategy—universal block space, minimal differences, and fragmented liquidity across isolated chains. This architecture improves efficiency but does not enhance flexibility.
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Cantor: Using SOL as a reserve strategy is superior to ETH, and companies purchasing SOL should trade at a premium.

Wall Street firm Cantor has rated Solana Financial and its related companies for the first time, giving it a buy rating and indicating that Solana is technically superior to Ethereum, with expected developer growth continuing to lead. The target prices are $45 for DeFi Development, CAD 54 for Sol Strategies, and $16 for Upexi.
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New users who deposit SOL on Gate can receive AURASOL Airdrop rewards, up to 500 pieces.

Gate News bot message, according to the official Gate announcement on June 16, 2025. Gate launches a new user reward program for SOL Yubi Bao. According to the announcement, users who are using Yubi Bao for the first time and purchase 3 or more SOL and hold them for 3 days can receive a reward of 100-500 AURASOL tokens. This event is limited to 2000 participants. AURASOL is a social concept token on the Solana blockchain, launched on May 30, 2024. The project is inspired by the popular "aura" concept on the TikTok platform, focusing on social influence and personal charm, achieving organic growth through community-driven initiatives.
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Solana accounts for 25% of the volume of memes related to DEX, second only to BNB Chain.

Gate News bot news shows that on-chain data indicates that the BNB Chain currently accounts for 45% of the volume related to memes on all DEX (, up from 25% in April. Solana's share has dropped to 25%, while Ethereum follows closely with a 20% share. Solana's dominance has waned after months of explosive activity. Since April, its share has decreased by 15 percentage points, but there are still highlights in the ecosystem. For example, pump.fun is planning to raise $1 billion in funding. Ethereum maintains a stable 20% share, while Base occupies 5%. Other blockchains, such as Arbitrum, Avalanche, Celo, and Unichain, collectively account for 5%, indicating an increasing diversity within the meme ecosystem.
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The Japanese listed company Remixpoint holds 16.032 billion yen in BTC, and holds 17.113 billion yen in ETH, SOL, XRP, and DOGE and other encryption assets.

PANews June 16 news, Japanese listed company Remixpoint announced that it has added to its purchase of Bitcoin worth 200 million yen on June 13, totaling 13.2961 BTC, with an average purchase price of 15,042,000 yen/coin. The funds for this purchase partially come from the funds raised by exercising the 24th new share subscription rights on the afternoon of June 12. As of now, the company holds a total of 1,051.5620 BTC, with a book value of about 14.396 billion yen, a market capitalization of 16.032 billion yen based on the closing price on June 15, and a floating profit of about 1.636 billion yen. In addition, the company also holds crypto assets such as ETH, SOL, XRP, and DOGE, with a total market capitalization of about 17.113 billion yen and an overall floating profit of about 1.763 billion yen. Previously, it was reported that the Japanese listed company Remixpoint increased its holdings by 55.68 Bitcoins.
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Hong Kong stocks MemeStrategy purchased 2440 SOL, continuously increasing its encryption assets.

Gate News bot message, the Hong Kong listed company MemeStrategy purchased a total of 2,440 SOL Tokens through the public market cryptocurrency trading platform on June 16, with a total investment amount of 2.9075 million HKD, and this investment was completed using the company's internal funds. Prior to this, 9GAG co-founder completed the acquisition of the Hong Kong-listed company Hoi King Technology Holdings and plans to rename the company to MemeStrategy, while also laying out a Bitcoin asset allocation, indicating that the company is positioning itself in the fields of encryption and Web3. Source: Wu Says
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MemeStrategy purchased nearly 370,000 USD worth of SOL, becoming the first listed company in Hong Kong to invest in the Solana ecosystem.

Gate News bot message, Hong Kong-listed digital asset company MemeStrategy (2440.HK) has purchased 2,440 Solana(SOL) on the open market, worth approximately 2.9 million HKD (about 369,442 USD). This move makes MemeStrategy the first listed company in Hong Kong to invest in the Solana ecosystem, aiming to enhance MemeStrategy's influence in the digital asset field.
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The Hong Kong-listed company's strategy saw its stock price rise over 20% after announcing the purchase of 2,440 SOL.

The Hong Kong-listed company Mi Strategy recently purchased 2,440 Solana (SOL) for approximately HKD 2.9075 million, marking its strategic shift towards the encryption and Web3 fields, with its stock price rising by about 21%.
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Arbitrum, Solana, and Unichain ranked in the top three for net inflow of funds from cross-chain bridges in the past week.

BlockBeats news, on June 16, according to DefiLlama data, the net inflow of funds to the Arbitrum cross-chain bridges in the past week reached 656 million USD, followed by Solana and Unichain, with net inflows of 81.11 million USD and 79.98 million USD respectively. Ethereum, Bera, and Avalanche had net outflows of 390 million USD, 78.98 million USD, and 32.41 million USD respectively.
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FXStreet crypto world market summary: Jito, Bitcoin Cash, and Solana lead the market recovery

Gate News bot message, FXStreet pointed out that the Crypto Assets market as a whole saw a slight rebound last Sunday, ending last week’s pump. Jito (JTO), Bitcoin Cash (BCH), and Solana (SOL) continued the rise from the previous day, performing the best over the past 24 hours. Although there was a slight pullback on Monday, JTO, BCH, and SOL are close to breaking through key levels and are expected to maintain their rise this week.
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Data: Abraxas Capital is shorting BTC, ETH, and SOL on Hyperliquid, with unrealized gains exceeding 112 million dollars.

According to ChainCatcher news and monitoring by Lookonchain, Abraxas Capital is shorting BTC, ETH, and SOL with 10x leverage on two wallets on Hyperliquid, serving as a hedge for their spot holdings, with a cumulative unrealized gains exceeding $112 million.
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Abraxas Capital is shorting BTC, ETH, and SOL on Hyperliquid, with total unrealized gains exceeding $112 million.

According to BlockBeats news on June 23, Lookonchain monitored that Abraxas Capital shorted BTC, ETH, and SOL with 10x leverage on Hyperliquid through two wallets, hedging against their spot holdings, with unrealized gains currently exceeding $112 million.
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A whale holding multiple long orders of ETH, SOL, etc. on Hyperliquid has unrealized losses of $22 million.

Odaily News According to Onchain Lens monitoring, a Whale holds 19 long positions on HyperLiquid, involving assets such as SOL, ETH, HYPE, XRP, and ADA. After the market fall, the Whale faces a floating loss of up to 22 million dollars.
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Data: A certain Whale sold 7.44 million FARTCOIN for SOL and sent it to Stake.

According to ChainCatcher news, monitored by @OnchainLens, a certain Whale sold 7.44 million FARTCOIN for 46,128.4 SOL (approximately 6.47 million USD) and sent it to Stake.com. The Wallet still holds 12,873 FARTCOIN (approximately 115,000 USD).
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GitFish: All LINUX refunds have been completed.

PANews, June 15 news, the GitHub repository tokenization and trading platform GitFish stated that it has officially completed all LINUX refunds, returning 25,030 SOL to 8,889 users. In addition, GitFish V2 is about to launch. Previously, GitFish announced that due to token mechanism issues, it would refund all LINUX bidders and traders' funds and discard the token.
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The state of Wyoming in the United States has entered the public chain bidding phase for the proposed issuance of a regional stablecoin and has announced the evaluation process.

Odaily News The state of Wyoming in the United States, which plans to issue a state-level stablecoin, has officially entered the bidding stage. It is reported that the state has launched a website to publicize all review processes in order to ultimately select which public chain the stablecoin will be issued on. Wyoming has listed 9 dimensions, including user numbers, stability, performance, and other indicators for scoring and evaluation. A total of 17 public chains have made the cut and were reviewed in two batches. Currently, Solana and Aptos are tied for first place with 32 points, while Sei has 30 points.
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SOL falls below 140 dollars

Golden Finance reports that the market shows SOL has fallen below 140 USD, currently reported at 139.62 USD, with a 24-hour decline of 2.66%. The market fluctuation is significant, please ensure proper risk control.
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Circle: CCTP V2 launched on the Solana Blockchain

Golden Finance reports that Circle has announced the launch of its cross-chain transfer protocol CCTP V2 on the Solana Blockchain, supporting developers and users for quick transfers, as well as the integration of smart contracts after transfers. As of now, other blockchains supporting CCTP V2 also include Arbitrum, AVAX, Base, Ethereum, Linea, Optimism, Sonic Labs, and World.
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Analysts say that the Solana ecosystem meme coin SPX6900(SPX) is expected to break through.

According to Gate News bot, as reported by Cryptodnes, crypto assets chart analyst "Bluntz" believes that the Solana memecoin SPX6900 (SPX) is gearing up for a significant breakout after completing what he calls a classic ABC pullback.
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The DePIN project SparkChain AI has completed a $10.8 million financing round, led by OakStone Ventures.

The DePIN project SparkChain AI has completed a $10.8 million financing round to expand its decentralized AI Computing Power network and accelerate its launch on Solana. This infrastructure will convert idle bandwidth and computing resources into AI Computing Power, reconstructing and monetizing global unstructured data.
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The founder of SkyBridge Capital: Solana will surpass Ethereum on the digital asset level.

According to Gate News bot, Coindoo reported that Anthony Scaramucci, founder of SkyBridge Capital, made a bold prediction during his speech at the DigiAssets 2025 conference: Solana (SOL) will surpass Ethereum (ETH) in the realm of digital assets.
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A trader with a 100% win rate currently holds long positions in BTC, ETH, SOL, and LINK.

According to a report by Jinse Finance, on-chain analysis platform Lookonchain has monitored that a trader with a 100% win rate currently holds long positions in BTC, ETH, SOL, and LINK. In the past month, he has made 29 long trades, all of which were profitable, with a total profit exceeding $2.3 million. However, his current positions have now shrunk by more than $2 million.
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Solana on-chain Meme coin GOR market capitalization exceeds 39 million USD, rising over 345% in 24 hours.

BlockBeats news, on June 20, according to GMGN data, the market capitalization of the Solana on-chain meme coin GOR exceeded 39 million USD, currently reported at 35.7 million USD, with a 24-hour volume of 130 million USD, rising over 345% in 24 hours. BlockBeats reminds users that meme coins often have no real use cases, exhibit significant price fluctuations, and investment should be approached with caution.
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The founder of SkyBridge Capital predicts that Solana will surpass Ethereum.

The founder of SkyBridge Capital, Scaramucci, stated at the DigiAssets 2025 conference that Solana will surpass Ethereum, revealing that his company's assets include Bitcoin and Solana, with approximately 40% of client funds invested in digital assets, but he did not specify a timeline.
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The Gate Earn Summer Income Season is in full swing, and you can enjoy multiple rewards by participating

BlockBeats News, on June 19, according to official information, Gate will open a limited-time event for the Summer of Money Management from 18:00 on June 18 to 18:00 on July 2 (UTC+8). This event covers three special areas: newcomer benefits, on-chain earning and surplus coins, and you can enjoy multiple rewards such as limited-time high annualization, AURASOL airdrop boost, and a $100,000 prize pool when you sign up and participate in any event. Among them, the annualized income of BTC mining reaches 3%, the annualized income of SOL mining reaches 15%, and the annualized income of USDT fixed products is as high as 12%.
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ionet is online with full network earnings (TNE), supporting GPU network payments and earnings circulating through the Solana on-chain.

Gate News bot news, ionet has launched full network earnings (TNE), allowing all GPU network payments and earnings to circulate on-chain through Solana. Since its launch, it has recorded over 14.5 million dollars in revenue. Now, each transaction is hosted by smart contracts, and IO is repurchased daily from the earnings.
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Sol Strategies, which adopts the SOL strategy, has applied to the SEC to list on Nasdaq.

Gate News bot news, Canadian exchange-listed company Sol Strategies has submitted an application to the SEC to trade under the stock code "STKE" on Nasdaq. The company has been accumulating SOL as a financial asset and operating a Solana validator, currently holding over 420,000.
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Moonshot lists Gorbagana ($GOR)

PANews June 19 news, Moonshot announced the launch of Gorbagana ($GOR) on the Solana blockchain, with a current market capitalization of approximately $3.7 million and a 24-hour volume of $21.6 million.
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The price of SOL is about to pump to $200, but it must first meet 3 key catalysts.

According to CoinTelegraph, Solana's native cryptocurrency, SOL, encountered strong resistance at the $158 level on Monday. Subsequently, it fell to $143 by Wednesday, a cumulative decline of 14% in seven days. Traders are now concerned that the likelihood of a return to the $200 level has diminished due to the recent price weakness and the surge in demand for leveraged SOL positions.
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When the smart money sold 5 million Tokens for $481,000, the market capitalization of USELESS broke $100 million.

PANews June 18 news, according to Lookonchain monitoring, after USELESS market capitalization exceeded 100 million USD, smart trader Cooker.hl sold 5 million USELESS for 3,278 SOL (worth 481,000 USD). He still holds 9.26 million USELESS (worth 949,000 USD), with a total profit of 1.29 million USD.
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Gate launches summer financial activities, with SOL Mining annualized at 15%, and multi-coin financial products offering up to 100% annualized.

Gate News bot news, according to the official announcement from Gate on June 18, 2025. Gate launched the "Summer Finance" event, which runs from June 18th, 18:00 to July 2nd, 18:00 (UTC+8). This event covers three major areas: newcomer benefits, on-chain earning, and excess coin treasure. In the on-chain earning section, BTC mining offers a 3% annualized return, while SOL mining offers a limited-time 15% annualized return. In the remaining coin treasure section, the annualized return for GT flexible savings reaches 15%, and the USDT fixed-term financial management comes with SPK rewards that can reach 12% annualized. CRT and ZORO 7-day fixed-term financial products offer a 100% annualized return.
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The Solana Policy Research Institute, Phantom, Orca, and Superstate submitted a "Compliance tokenization securities" framework to the SEC.

The Solana Policy Research Institute, along with Phantom Wallet, Orca Exchange, and Superstate Protocol, has submitted a compliance tokenization securities framework to the SEC, proposing the implementation of on-chain trading for traditional assets and seeking regulatory exemptions for non-custodial protocols, aimed at promoting the application of blockchain technology in the capital market.
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DTCC has included the proposed Spot SOL ETF by VanEck in the list of "active and pre-issuance" funds.

According to the Gate News bot, The Block reports that the Spot Solana exchange-traded fund proposed by VanEck has been listed on the page maintained by the Depository Trust & Clearing Corporation (DTCC) in the United States, indicating that the SEC may soon approve the fund.
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