Solana: Bitcoin ETF Issuer Filing for SOL ETF Raises Hope for Solana Price

Prominent asset manager and Bitcoin ETF issuer VanEck has filed for a SOL ETF. As anyone would've imagined, the filing has ignited renewed hope for the Solana price.

As Bitcoin ETF heralds a new era in financial investment, Solana price is now following a bullish trend after Bitcoin ETF issuer VanEck filed for a spot SOL ETF. The resulting optimism has sparked an incredible turnaround for Solana meme coins BONK and MOG. However, the presale frontrunner, Rollblock, remains the most popular altcoin gainer, with experts predicting a staggering 100x surge at launch.

Solana price hopes rise as Bitcoin ETF issuer files for SOL ETF

Prominent asset manager and Bitcoin ETF issuer VanEck has filed for a SOL ETF, and as you might expect, the filing has ignited renewed hope for Solana price. A few days ago, the firm confirmed its submission to the US SEC for the VanEck Solana Trust—the first in the US. According to VanEck's head of digital asset research, Solana is a perfect candidate for another ETF because of its decentralization, high utility, and economic feasibility. Following the news, Solana's price has shown great market optimism, shooting up by an encouraging 10% 7-day boost.

Solana meme coin BONK bounces back from the bearish spiral

The anticipation around a potential Solana ETF has breathed new life into the Solana ecosystem, especially Solana meme coins. Data from Coinmarketcap shows Solana meme coins spiked by a remarkable 8.3% in the past 24 hours, and BONK was one of the top gainers. BONK ended the previous month on a bearish note, dipping by over 40% before finding support at $0.000019.

However, BONK has outperformed its peers despite falling from its all-time high price of $0.000047. BONK bounced impressively after hitting an intraday and seven-day peak at $0.0000027. A remarkable 10% rally for BONK.

MOG coin outperforms peers in the total meme revolution

Since the start of the year, MOG Coin has maintained a steady rise to the top. While the ERC 20 token started like every other ordinary meme coin, MOG has gained much fame in the past few days, and the recent SOL ETF filing has pushed it to fame once again. In the past month alone, MOG Coin has surged by an outstanding 28% amid renewed interest and boosted investors' confidence.

Once overlooked by many, MOG Coin touts itself as "a force of nature and a tsunami of power!" MOG aims to bring value to meme culture by carving its path with its dedicated meme warriors.

Rollblock continues dominating rule in presale

Rollblock (RBLK) is the world's first Casino backed Play-to-Earn token that seeks to close the gap between centralized and decentralized gaming. Offering users access to traditional table games, Rollblock’s transparency and trustworthiness are core values. Ensuring all transactions are secured using blockchain technology, whilst all transactions are traceable on the blockchain this makes it impossible to alter bets when placed and provides an additional layer of security. This level of transparency has seen Rollblock gain huge attention from investors across the marketplace who are looking for a safe and secure investment with huge upward potential.

Unlike other casinos Rollblock does not require users to complete a KYC when accessing their casino. To get started users simply connect their wallet or sign up with an email, these simple barriers of entry have seen a substantial increase in users which has in-turn led to an increase in investors purchasing their native $RBLK token. The native token, $RBLK, plays a significant role in the ecosystem, $RBLK serves as a reward for players' activity whilst allowing holders to stake in the future for additional rewards. Alongside this Rollblock has implemented a revenue share feature which sees up to 30% of the casinos daily profit being used to; share profit amongst holders, purchase $RBLK back from the open market and burning it to further increase the $RBLK token value.

Currently in stage 3 of the presale, $RBLK is trading at just $0.015. With over 100 million tokens being sold in less than a month shows the project's wide interest. With the price point being the lowest it will ever be, now is the best time to purchase $RBLK. As stated in the tokenomics, there is a fixed supply of 1 billion $RBLK with only 60% allocated to the presale. Due to this some analysts have projected that $RBLK could see over 800% rise in value before the end of the presale, making now the best time to buy the new upcoming altcoin.

As the native token of the platform built to accommodate the future of the online gaming and casino industry, $RBLK is tipped to become the top DeFi token of 2024. In addition, the extensive utility, revenue share and opportunities for token holders give $RBLK greater room