In a bear scenario, Solana's price could still increase by 1.4 times in the event of a Solana ETF approval in the U.S

  • Claim

Name

In a bear scenario, Solana's price could still increase by 1.4 times in the event of a Solana ETF approval in the U.S

Types

Claim

Quotes that support the claim

The crypto market maker’s forecast for Solana was based on a 'blue sky' scenario, while its 'bear' scenario only predicted a 1.4x increase in Solana’s price.
GSR’s 'bear' and 'baseline' scenarios would see the spot Solana ETFs take in 2% and 5% of what Bitcoin took, triggering 1.4x and 3.4x price rises for SOL, respectively.

Topics

Potential Impact of Solana ETF Approval