Opinion: ETF approval will help Solana break the narrative of "meme chain"
Online reports that Titan CEO Chris Chung posted that Solana's evolution from a memecoin narrative to an important blockchain competitor depends on the approval of the Solana ETF, which will bring institutional trust and unleash its potential in large-scale financial applications such as payments and transactions. The article believes that meme has become synonymous with Solana, so much so that some people in the industry think it is purely a "meme chain." Solana's Pump.fun launch board has created more than 7.5 million tokens and generated more than 550 million US dollars in revenue. This is a benefit for the ecosystem, driving infrastructure upgrades and new users to join, but Solana's potential goes far beyond memecoin, and the approval of the Solana ETF-almost guaranteed this year-is a catalyst to help Solana position itself as a high-performance blockchain that can support large-scale financial use cases, from complex transactions to lending, and Polymarket traders currently see an 85% chance of a fall launch.
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