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Home Benzinga

Solana Could Surge In Price While SEC Evaluates Grayscale’s ETF Proposal. Could This Propel Panshibi To 100x?

James Brown by James Brown
February 11, 2025
in Benzinga
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Solana Could Surge In Price While SEC Evaluates Grayscale’s ETF Proposal. Could This Propel Panshibi To 100x?
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The SEC’s review of Grayscale’s Solana ETF proposal has sparked speculation about a major price rally. If approved, Solana could see increased institutional investment, increasing its value. This potential surge has also drawn attention to Panshibi, a rising meme coin with strong investor backing. With its successful presale and innovative features, Panshibi could ride Solana’s momentum and deliver massive gains. Could this be the perfect investment time before Panshibi experiences a 100x breakout?

Panshibi’s Explosive Growth Signals the Next Big Meme Coin Breakout

Investors are rushing to Panshibi, fueling demand for its fast-moving presale. Stage 3 is already over 48% complete, with over $700,000 raised. The market is paying attention. With panda-themed branding and a community-driven model, Panshibi mirrors the success of previous successful meme coins while introducing novel innovations.

Panshibi’s multi-stage presale rewards early buyers with lower prices and high-yield staking. This strategy has worked for past meme coin breakouts. Panshibi adds real utility through Social-Fi, AI-powered features, and gamification. Users engage actively instead of just holding tokens.

A major highlight is Panshibi’s stake-to-earn system, offering up to 1,200% APY in passive income. Security remains a top priority. A full audit by Coinsult, a 10-year liquidity lock, and a two-year team token lock ensure long-term stability. These measures protect investors from rug pulls and market manipulation, making Panshibi a strong contender in the meme coin space.

SEC Acknowledges Grayscale’s SOL ETF Proposal What’s Next?

Months ago, the SEC rejected Grayscale’s spot SOL ETF application. However, on February 6, Bloomberg analyst James Seyffart revealed that the agency had acknowledged the 19b-4 form.

This form represents the second step in launching a crypto ETF. Once the SEC acknowledges it, the filing appears in the Federal Register. This step officially starts the approval process, bringing Grayscale’s SOL ETF closer to a potential green light.

In other Solana updates, Solana continues to dominate key blockchain metrics. Its market share in the smart contract sector is expected to rise from 15% to 22%. A VanEck report predicts that Solana’s price could reach $520 if this trend continues.

If the smart contract platform sector grows to $1.1 trillion, Solana’s market cap could hit $250 billion. This would mark a significant price increase for the cryptocurrency.

Solana has also outperformed Ethereum in dApp revenue. Since 2022, its dApp market share has soared from 0.26% to 42%, with revenue jumping from $4 million to $1.25 billion. Developer activity on Solana has also grown significantly, with 7,625 developers now building on the network, surpassing Ethereum’s 6,456.

Panshibi Gains Momentum as the Next Big Crypto Opportunity

While Solana’s updates grab attention, Panshibi is making waves in the background. Its presale offers a rare chance to invest early and secure $SHIBI tokens before prices rise.

This project can potentially deliver massive returns, with some analysts predicting a 100x surge. The window of opportunity is closing fast, so now is the time to act and join the next big movement in crypto.

You can participate in the Panshibi presale here: 

Telegram: https://t.me/panshibi

Twitter: https://x.com/panshibi

Website: https://panshibi.com

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