Best Crypto to Buy as Solana Shows Technical Strength amid ETF Buzz
Solana is showing strong bullish indicators, with a 38% rise since mid-April and a long-term 'cup' pattern forming over 2.5 years. The Solana Policy Institute proposed 'Project Open' to the SEC for stock tokenization, aiming to enhance transaction speed and liquidity. A Solana ETF approval is predicted at 90% by 2025. The stablecoin supply reached $13B in May 2025, up from $5B last year, indicating growth potential in Web3 and DeFi. Solaxy ($SOLX) aims to address Solana's scalability issues with a Layer 2 protocol and has raised $33M in presale. Bonk ($BONK), a leading meme coin on Solana, has a market cap of $1.5B and is gaining traction. Fartcoin ($FARTCOIN), a community-driven token, has surged over 145% recently. Overall, investing in Solana and its ecosystem is seen as timely, but market volatility remains a concern.