SOL and XRP Emerging as Potential ETF Candidates, Says Standard Chartered

By: Eliza Bennet

Standard Chartered posits that Solana (SOL) and Ripple’s XRP could be the next contenders for ETF approval, following the recent green light for Bitcoin and Ethereum ETFs in the U.S. However, the British banking giant estimates that such developments may not occur until 2025. The bank’s optimistic viewpoint follows the successful launch of Bitcoin and Ethereum ETFs, hinting at an evolving market landscape for other prominent cryptocurrencies.

The approval of new ETFs signifies growing mainstream acceptance and regulatory clarity in the cryptocurrency domain. Solana's high-speed transactions and XRP’s use in cross-border payments make them strong candidates for future ETF considerations. For more information on Solana, visit the official Solana website. For Ripple’s latest updates, check out the Ripple official page.