Danny is CoinDesk's Managing Editor for Data & Tokens. He owns BTC, ETH and SOL.
appears nowhere close to getting its own ETF in the U.S. But, according to market-making firm GSR, if Donald Trump retakes the White House, it might be closer than many observers think and price-wise have far more upside than bitcoin
Solana is one of only a handful of crypto assets with strong market demand whose network also has a high degree of decentralization, according to GSR's in-house calculations. The market maker said those attributes are expected to guide prospective ETF issuers' willingness to pursue a listing. "All you really need is for Donald Trump to become president and then you're subject to whatever he wants to do," said GSR Senior Strategist Brian Rudick, who wrote the memo.
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