The crypto market is witnessing significant changes. Solana has reached new heights with ETF approval, while Pi Network is facing price declines. Meanwhile, Web3 ai is attracting investor interest with its innovative solutions.
Solana ETFs Approved in Canada
Canada has approved the world's first spot ETF for Solana (SOL), set to launch on April 16, 2025. This decision was enabled by the Ontario Securities Commission and comes as SOL has surged 25% in a week, coupled with a record of 355 million transactions on the network. The ETFs will support staking, allowing investors to earn additional rewards.
Pi Network Drops
Pi Network has dropped over 10% in price in the last 24 hours following its integration with Chainlink. This situation raises doubts about the project's short-term prospects. Pi is now trading between $0.64 and $0.74, with a market capitalization of $4.55 billion. Technical indicators point to a potential decline toward $0.60.
Web3 ai Prospects
Web3 ai is garnering attention with its $WAI token, currently priced at just $0.0003. This token provides access to 12 AI-driven tools and offers users revenue sharing, governance rights, and a burn mechanism. The project's market model highlights its real utility rather than hype.
Amid Solana's successes and Pi Network's challenges, Web3 ai stands out as a project with genuine utility that could play a significant role in future waves of the crypto market.