{"id":23069,"date":"2025-05-01T13:38:09","date_gmt":"2025-05-01T13:38:09","guid":{"rendered":"https:\/\/cryptd.in\/best-altcoins-on-solana-to-explode-as-investor-interest-in-sol-etf-skyrockets\/"},"modified":"2025-05-01T13:38:09","modified_gmt":"2025-05-01T13:38:09","slug":"best-altcoins-on-solana-to-explode-as-investor-interest-in-sol-etf-skyrockets","status":"publish","type":"post","link":"https:\/\/cryptd.in\/uk\/best-altcoins-on-solana-to-explode-as-investor-interest-in-sol-etf-skyrockets\/","title":{"rendered":"Best Altcoins on Solana to Explode as Investor Interest in $SOL ETF Skyrockets"},"content":{"rendered":"<p>According to Bloomberg Intelligence, the likelihood of US regulators approving a Solana ETF (exchange-traded fund) is now a whopping 90%.<\/p>\n<p>This is particularly noteworthy because the company\u2019s odds for a $SOL ETF were just 70% back in February, i.e., only a couple of months ago.<\/p>\n<p>Combined with the CME listing Solana-based futures contracts in March, a $SOL ETF will likely rocket Solana to the moon.<\/p>\n<p>Keep reading to find out all the reasons for being bullish on Solana right now. We\u2019ll also point you towards the <a href=\"https:\/\/www.newsbtc.com\/best-altcoins-to-buy\/\" target=\"_blank\" rel=\"noopener \">best altcoins<\/a> you can buy today to make the most of $SOL\u2019s bright future.<\/p>\n<h2>Solana Futures Open Interest Nears All-Time High<\/h2>\n<p>While six asset managers await the SEC\u2019s permission to list $SOL ETFs, the crypto\u2019s future open interest reached $5.75B (or $40.5M $SOL).<\/p>\n<p>In addition to being a chunky 5% increase from March, this metric is now close to its all-time high. The demand for $SOL derivatives is also 50% higher than $XRP\u2019s.<\/p>\n<p>Moreover, this data is hot off the oven (recorded just a few days ago), so it\u2019s dead accurate and proof of strong institutional interest in the blockchain.<\/p>\n<p>One of the biggest reasons behind the growing adoption of $SOL derivatives is that the crypto held the crucial $140 support level.<\/p>\n<p>With rising DEX volumes and a staggering $9.5B in total value locked (TVL), $SOL can easily surge past $200 well before a potential spot ETF approval on October 10.<\/p>\n<h2>What Does $SOL\u2019s Chart Say?<\/h2>\n<p>Technical analysis on $SOL\u2019s charts paints a pretty picture, too. The crypto has bounced perfectly from the 10, 20, and 50 <a href=\"https:\/\/www.investopedia.com\/terms\/e\/ema.asp\" target=\"_blank\" rel=\"noopener nofollow\">EMAs<\/a> simultaneously on the daily chart, which is a hugely positive signal.<\/p>\n<p>The aforementioned bounce is also at a major support\/resistance zone, further proving that the current bullish rally could hold itself nicely.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"aligncenter wp-image-742114\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/05\/SOL-TradingView.jpg?w=750&amp;resize=700%2C314\" alt=\"$SOL TradingView\" width=\"700\" height=\"314\" loading=\"lazy\" \/><\/p>\n<p>The only thing left to see is whether $SOL can break and hold itself above the 200 EMA. However, as per the 4-hour chart, it should easily be able to do that, seeing as it\u2019s above all the major EMAs on that time frame.<\/p>\n<p>All in all, Solana is doing really well and could pump soon. If you want to ride its growth, here are three Solana-based coins that could give you the best results in an already-pumping market.<\/p>\n<p>Our top pick, <a href=\"https:\/\/newsbtc.care\/box_913f486f7c3671162f961fa912dee75e?referrer=https%3A%2F%2Fwww.newsbtc.com%2Fnews%2Fbest-altcoins-to-ride-the-btc-bull-run-as-softbank-and-tether-back-3b-bitcoin-fund%2F\" target=\"_blank\" rel=\"nofollow noopener\"><b>Solaxy<\/b><\/a>, shows the best potential. It\u2019s still in presale, which has turned out to be a massive success thanks to over $30M in early investor funding.<\/p>\n<h2>1. Solaxy ($SOLX) \u2013 Best Altcoin on Solana, over $32M in Presale Funding<\/h2>\n<p>Unlike other coins on Solana, <a href=\"https:\/\/newsbtc.care\/box_913f486f7c3671162f961fa912dee75e?referrer=https%3A%2F%2Fwww.newsbtc.com%2Fnews%2Fbest-altcoins-to-ride-the-btc-bull-run-as-softbank-and-tether-back-3b-bitcoin-fund%2F\" target=\"_blank\" rel=\"nofollow noopener\"><b>Solaxy ($SOLX)<\/b><\/a> won\u2019t just use the blockchain\u2019s low-cost, high-speed architecture to further its interests. Its goal, in fact, is to improve Solana.<\/p>\n<p>Solana has become too popular for its own good, ironically. A recent massive influx of new investors to the network has overloaded it. As a result, it has been struggling with congestion and scalability issues.<\/p>\n<p>Solaxy will solve Solana\u2019s aforementioned issues by building the first-ever Layer 2 scaling protocol on the network.<\/p>\n<p>It will process some of Solana\u2019s transactions on a sidechain, reducing the burden on its mainnet and increasing transaction speed while lowering traffic congestion. In one word, Solaxy will optimize Solana\u2019s key areas.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"aligncenter wp-image-742057\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-01-175348.jpg?w=750&amp;resize=700%2C354\" alt=\"Solaxy ($SOLX)\" width=\"700\" height=\"354\" loading=\"lazy\" \/><\/p>\n<p>The utility-based nature of $SOLX significantly contributes to its uniqueness and makes it one of the <a href=\"https:\/\/www.newsbtc.com\/best-crypto-to-buy-now\/\" target=\"_blank\" rel=\"noopener \">best cryptos to buy today<\/a>.<\/p>\n<p>What\u2019s more, Solaxy will also jack up Solana\u2019s affordability by processing multiple transactions simultaneously, i.e., in batches. This will reduce the per-transaction cost, making crypto more affordable to people like you and me.<\/p>\n<p>As mentioned earlier, <a href=\"https:\/\/newsbtc.care\/box_913f486f7c3671162f961fa912dee75e?referrer=https%3A%2F%2Fwww.newsbtc.com%2Fnews%2Fbest-altcoins-to-ride-the-btc-bull-run-as-softbank-and-tether-back-3b-bitcoin-fund%2F\" target=\"_blank\" rel=\"nofollow noopener\"><b>Solaxy<\/b><\/a> is currently in presale, which is another reason why it\u2019s such a lucrative opportunity. Remember, prices are at their lowest during the presale stage, offering insane risk-to-reward possibilities (like a <a href=\"https:\/\/www.newsbtc.com\/solaxy-price-prediction-2025-2030\/\" target=\"_blank\" rel=\"noopener \">29x increase by the end of 2026<\/a>).<\/p>\n<p>With over $32.6M in presale funding so far, one $SOLX is currently available for just $0.00171. Here\u2019s <a href=\"https:\/\/www.newsbtc.com\/how-to-buy-solaxy\/\" target=\"_blank\" rel=\"noopener \">how\u00a0to\u00a0buy\u00a0it<\/a>.<\/p>\n<h2>2. ai16z ($AI16Z) \u2013 Venture Capital Firm Run by AI Agents<\/h2>\n<p>ai16z ($AI16Z) really stands out because it\u2019s the first-ever venture capital firm run solely by AI agents. This crypto project is redefining the possibilities of artificial intelligence in the crypto investment space.<\/p>\n<p>A decentralized trading fund, ai16z uses AI agents to collect and analyze investment-related data, including current community sentiment. This speeds up the entire process of deciding whether a certain company is worth investing in.<\/p>\n<p>Aside from extra speed, AI will also reduce human error. What\u2019s more, these AI agents are also equipped to execute transactions both on-chain and off-chain, further improving flexibility and transaction speed.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"aligncenter wp-image-742064\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-01-175517.jpg?w=750&amp;resize=700%2C331\" alt=\"ai16z ($AI16Z)\" width=\"700\" height=\"331\" loading=\"lazy\" \/><\/p>\n<p>As a leader in the AI-powered decentralized trading segment, $AI16Z has unsurprisingly been one of the most successful cryptos of late. It reached a record market cap of around $2.6B in January 2025.<\/p>\n<p>Over the last month or so, the token is up a staggering 60%. It\u2019s also currently one of the <a href=\"https:\/\/www.newsbtc.com\/top-trending-crypto-coins\/\" target=\"_blank\" rel=\"noopener \">top trending cryptos<\/a>, having jumped 10% in just the last 24 hours. <a href=\"https:\/\/coinmarketcap.com\/currencies\/ai16z\/\" target=\"_blank\" rel=\"noopener nofollow\">$AI16Z is currently trading at $0.3043<\/a>.<\/p>\n<h2>3. Bonk ($BONK) \u2013 Biggest Dog Meme Coin on Solana<\/h2>\n<p>Often referred to as \u2018the dog coin of the people,\u2019 Bonk is the first and the largest dog-themed meme coin on the Solana blockchain.<\/p>\n<p>It\u2019s also the fifth-largest meme coin across the board, with a market capitalization of over $1.5B. Only $TRUMP, $PEPE, $SHIB, and $DOGE are above it.<\/p>\n<p>Launched in December 2022, $BONK currently boasts over 17,000% in lifetime returns, which more than justifies its massive popularity among crypto degens.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"aligncenter wp-image-742077\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-01-175738.jpg?w=750&amp;resize=700%2C332\" alt=\"Bonk ($BONK)\" width=\"700\" height=\"332\" \/><\/p>\n<p>After a nearly two-month-long steady decline, the token is climbing once again. It\u2019s <a href=\"https:\/\/coinmarketcap.com\/currencies\/bonk1\/\" target=\"_blank\" rel=\"noopener nofollow\">up over 36% in the last week<\/a> and 67% in the last month.<\/p>\n<p>With one of the lowest per-token prices (just $0.00001968 at the time of writing) in the entire meme coin industry, $BONK is certainly one of the <a href=\"https:\/\/www.newsbtc.com\/best-cheap-crypto-to-buy-now\/\" target=\"_blank\" rel=\"noopener \">best cheap cryptos to buy<\/a> to benefit from a potential\u00a0$SOL\u00a0rally.<\/p>\n<h2>Best Altcoins on $SOL \u2013 A Golden Buying Opportunity<\/h2>\n<p>Just the increased likelihood of a $SOL ETF has put the best altcoins on Solana in green.<\/p>\n<p>Its actual launch, therefore, could be a canon event that sets forth a new future for $SOL and Solana-based cryptos.<\/p>\n<p>That being said, we urge our readers to kindly do their own research and back their intuition with facts. None of the above is financial advice, after all.<\/p>","protected":false},"excerpt":{"rendered":"<p>According to Bloomberg Intelligence, the likelihood of US regulators approving a Solana ETF (exchange-traded fund) is now a whopping 90%. This is particularly noteworthy because the company\u2019s odds for a $SOL ETF were just 70% back in February, i.e., only a couple of months ago. Combined with the CME listing Solana-based futures contracts in March, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":23071,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-23069","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Best Altcoins on Solana to Explode as Investor Interest in $SOL ETF Skyrockets - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/uk\/best-altcoins-on-solana-to-explode-as-investor-interest-in-sol-etf-skyrockets\/\" \/>\n<meta property=\"og:locale\" content=\"uk_UA\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Best Altcoins on Solana to Explode as Investor Interest in $SOL ETF Skyrockets - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"According to Bloomberg Intelligence, the likelihood of US regulators approving a Solana ETF (exchange-traded fund) is now a whopping 90%. 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This is particularly noteworthy because the company\u2019s odds for a $SOL ETF were just 70% back in February, i.e., only a couple of months ago. 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