The crypto market is keenly observing projects like Solana, TRON, and NEAR. Analysts highlight their potential growth and impact on the market.
Increased Odds for Solana ETF Approval
The conversation around a Solana ETF is gaining traction. Bloomberg Intelligence analysts have raised the likelihood of approval from 70% to 95%, pointing to a possible SEC decision this October. Prediction markets like Polymarket indicate nearly 99% probability.
The launch of the REX-Osprey Solana + Staking ETF in July marked a milestone as the first Solana-linked product in the U.S. It offers a staking yield of approximately 7.3% with a 1.4% fee. The SEC's new standardized listing guidelines also promise shorter review times, beneficial for upcoming crypto ETFs.
TRON Expands Utility through Partnerships
TRON is drawing analysts' attention through cross-chain liquidity and real-world integrations. Its partnership with Everclear allows for seamless stablecoin rebalancing without centralized exchanges, reinforcing its dominance in the $80B+ USDT market.
The collaboration with Kraken and BackedFi has brought tokenized equities onto its blockchain, signaling new ways to merge traditional and digital finance.
NEAR's Position after Inflation Cut
NEAR Protocol has earned a spot on analysts' watchlists due to technical upgrades and institutional support. The protocol recently halved token inflation from 5% to 2.5%, easing selling pressure and rewarding long-term holders. Developers rolled out tools for cross-chain swaps across 20+ blockchains.
Institutional adoption is increasing, with Bitwise launching a NEAR Staking ETP on Germany’s Xetra exchange, giving investors exposure to yields without managing tokens directly.
The increased odds for a Solana ETF, TRON's expanded utility, and institutional support for NEAR highlight the importance of these tokens in the market. These factors indicate their presence on analysts' bullish watchlists.
