Solana faces a challenging journey to secure U.S. ETF approval
Solana, an altcoin seeing rapid growth, is currently seeking clearance for an exchange-traded fund (ETF) in the United States. This comes after Brazil’s financial regulator approved the first Solana ETF, marking a significant achievement for crypto. Solana, established in 2017 by Anatoly Yakovenko and overseen by the Solana Foundation, has expanded to become one of the leading cryptocurrencies, boasting a market capitalization of $70 billion. The permission from Brazil has