Solana ETF approval may trigger a big pump in some Token prices

As the likelihood of the Solana ETF approval increases, the prices of some tokens are expected to see significant rises. Analysts predict that the Solana ETF may be launched sometime next year, although the specific timing remains uncertain due to legal issues. Before this potential major event, the prices of the following tokens may experience big pumps.

Token Expected to Big Pump

JUP

As one of the top tokens in the Solana ecosystem, Jupiter (JUP) is expected to benefit from this positive news. Some analysts predict that JUP may reach $10 or higher in the upcoming bull market.

NST

NebulaStride Token (NST), as a relatively new Token, may achieve greater returns. Due to its innovative positioning in the financial sector, the fundamentals of NST provide a bullish outlook. Compared to other more mature Tokens, NST may have greater room for rise.

RENDER

Render (RENDER) is another highly regarded Solana ecosystem Token. Based on its association with artificial intelligence (AI), RENDER also shows rising potential in technical analysis. Some analysts believe that if RENDER can maintain key support levels, its price may see significant growth.

BONK

Bonk (BONK) has developed into an indispensable part of the Solana ecosystem. With the expansion of its use cases and the upcoming large-scale Token burn plan, the price of BONK is expected to rise.

XRP

Although XRP is not a token of the Solana ecosystem, if the Solana ETF is approved, it may drive market expectations for an XRP ETF. Some analysts are optimistic about XRP's long-term price trend, predicting it may see significant growth in this market cycle.

These predictions reflect the market's optimistic expectations for the Solana ecosystem and related tokens. However, investors should exercise caution and fully recognize the high-risk characteristics of the cryptocurrency market.