🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
SEC Solana ETF ruling delay
Key Points:* SEC delays Solana ETF decisions; cites need for legal review.
The delay underscores ongoing regulatory scrutiny and its implications for Solana’s institutional market potential remain a focal point of investor speculation.
SEC Postpones Solana ETF Decisions Amid Legal Review
The U.S. Securities and Exchange Commission (SEC) has deferred its decision on several Solana spot ETF applications from 21Shares, Bitwise, VanEck, and Canary Capital, noting a need for further legal examination. This postponement reflects ongoing hesitation in regulatory circles towards crypto ETF approvals.
This delay postpones potential institutional investment into Solana, temporarily affecting market sentiment. Historical parallels suggest that eventual SEC approval could result in notable increases in capital flows towards the asset.
Solana Price Volatility and Market Predictions for 2025
Did you know? The approval of Bitcoin spot ETFs in early 2024 led to a 75% increase in institutional investment inflows, suggesting a potentially similar impact for Solana if approved.
As per CoinMarketCap, Solana (SOL) trades at $167.10 with a market cap of $86,879,220,347. The 24-hour trading volume is $4,351,685,166 showing a 6.77% change. SOL’s price decreased by 0.91% over the last day and by 3.06% over the past week.