The crypto world is buzzing with anticipation, and all eyes are on XRP, Solana (SOL), and the potential for Galaxy ETFs. With regulatory changes possibly on the horizon, let's dive into what's driving the excitement.

加密世界引起了人們的期望，所有眼睛都盯著XRP，solana（sol），以及Galaxy ETF的潛力。隨著監管變化可能會出現，讓我們深入研究刺激的原因。

Solana's Lead in the ETF Race

Solana在ETF比賽中的領先優勢

Recent analysis from Galaxy Research suggests a potential "express lane" for crypto ETFs beyond Bitcoin and Ethereum. According to Galaxy's scorecard, XRP and Solana lead, with Solana holding a slight edge. This hinges on proposed standardized eligibility tests from Cboe BZX, Nasdaq, and NYSE Arca.

來自Galaxy Research的最新分析表明，超越比特幣和以太坊的加密ETF有潛在的“快速車道”。根據Galaxy的記分卡，XRP和Solana的鉛，Solana略有邊緣。這取決於CBOE BZX，NASDAQ和NYSE ARCA提出的標準化資格測試。

Galaxy Digital, Jump Crypto, and Multicoin Capital are reportedly preparing a $1 billion SOL token acquisition, marking it as one of the largest corporate treasury dedicated to Solana. This is further supported by the fact that Upexi currently holds over $415 million in SOL.

據報導，Galaxy Digital，Jump Crypto和Multicoin Capital正在準備10億美元的SOL代幣收購，並將其標記為專門針對Solana的最大公司財政部之一。 UPEXI目前持有超過4.15億美元的SOL，這進一步支持了這一事實。

The Proposed Fast-Track Framework

提議的快速軌道框架

The proposed framework centers around three conditions: trading on an Intermarket Surveillance Group (ISG) member market, underpinning a futures contract traded on a designated contract market (DCM) for at least six months, or having an ETF with at least 40% exposure to the underlying asset. Currently, only BTC and ETH satisfy the ISG condition.

擬議的框架圍繞三個條件：在市場間監視集團（ISG）會員市場上進行交易，這是在指定合同市場（DCM）上交易至少六個月的期貨合約，或者擁有至少40％的ETF，即在基礎資產上持至少40％。目前，只有BTC和ETH滿足ISG條件。

Galaxy highlights that Solana and Dogecoin already meet the second condition because their futures have traded on Coinbase Derivatives for over six months. XRP will also soon qualify in October. Moreover, Solana and XRP might satisfy the third prong with existing futures ETFs.

Galaxy強調說，Solana和Dogecoin已經符合第二種狀況，因為他們的未來已經在Coinbase衍生品上交易了六個月。 XRP也將很快在10月份獲得資格。此外，Solana和XRP可能會通過現有的Futures ETF來滿足第三次階段。

Solana: The Fast-Track Favorite

Solana：快速軌道的最愛

Solana currently checks both the six-month regulated-futures box and the ≥40%-ETF-exposure box, which puts it ahead. In late June, Invesco and Galaxy entered the US race for a spot Solana ETF. Bloomberg’s ETF research desk also identifies SOL as a high-probability approval by the end of 2025 if a standardized regime is in place.

Solana目前可以檢查六個月的監管未來盒和≥40％的-ETF暴露盒，這將其前進。 6月下旬，Invesco和Galaxy參加了美國競賽，參加了Sot Solana ETF。如果有標準化的製度，彭博社的ETF研究台還將SOL視為2025年底的高概率批准。

Altseason and Market Dynamics

季節和市場動態

According to Michaël van de Poppe from MN Capital, Ethereum, Solana, and BNB are primed for significant price surges as altseason potentially kicks off. Solana has outperformed Ethereum recently, reaching a 4-month peak. This shift has made Solana an attractive institutional choice.

根據MN Capital的MichaëlVande Poppe的說法，Ethereum，Solana和BNB的價格大幅度飆升，因為Altseason可能會開始。索拉納（Solana）最近表現優於以太坊，達到了4個月的高峰。這種轉變使Solana成為有吸引力的機構選擇。

Ray Youssef, CEO of NoOnes, notes that major firms are considering blue-chip altcoins as treasury-grade assets. Solana, with over $800 million in corporate treasuries, is benefiting from this trend.

NOONES首席執行官Ray Youssef指出，主要公司正在將藍芯片替代幣視為財政級資產。索拉納（Solana）擁有超過8億美元的公司國庫，從這種趨勢中受益。

Final Thoughts

最後的想法

While the future is always uncertain in the crypto space, Solana appears to be leading the charge for potential ETF approval, with XRP soon to follow. Keep an eye on these developments because who knows? Maybe by the time you're reading this, we'll all be sipping margaritas on a beach, funded by our crypto gains!

儘管未來在加密貨幣領域總是不確定的，但Solana似乎正在領導潛在的ETF批准，XRP即將遵循。密切關注這些發展，因為誰知道？也許到您讀這篇文章時，我們都會在我們的加密貨幣收益資助的海灘上品嚐瑪格麗塔酒！