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Altcoins continue to outperform $SOL This chart + SOL/BTC look terrible for sol. This doesn't mean sol won't go up in USD terms, it just means it will likely underperform EVERYTHING else... Pick wisely because the next altcoin pump will probably be the biggest one so far...

The post The SEC Opens Four Reviewing Proposals for Spot SOL ETFs – Is This the Catalyst Solana Needs to Hit $500? appeared first on Coinpedia Fintech News The SEC appears open to reviewing proposals for Solana ETFs, drawing interest from major financial firms like Grayscale, VanEck, 21Shares, Bitwise, and Canary Capital. The SEC’s shifting approach has caught the crypto industry’s attention, bringing speculation about what could come next – we’ll explore the details below. PlutoChain ($PLUTO) might also draw attention as a hybrid Layer-2 protocol designed to potentially upgrade Bitcoin’s functionality. We’ll break down all the important details below. Solana Price Prediction: SEC Opens Public Comment on Four Solana ETFs – Is This the Start of a New SOL Surge? The SEC’s willingness to review Solana ETF proposals shows a shift from its previous stance. Just a year ago, the regulator was reluctant to approve crypto-based investment products. However, the approval of Bitcoin ETFs in January 2024 set a new precedent, making Solana a logical next candidate for institutional investment. Chris Chung, founder of Solana swap platform Titan, called the SEC’s change in stance a “big about-turn,” saying that it could pave the way for Solana’s mass adoption. He pointed out, “The SEC has done a big about-turn on the Solana ETF from refusing to even entertain such an investment product to acknowledging Grayscale’s amended SOL ETF application” (source: Decrypt). The SEC typically takes 21 days to review such filings, during which it can approve, deny, or extend the decision. Many analysts believe Solana ETFs could be approved within the year, though the exact timeline remains unclear. If given the green light, it would be a major milestone for Solana, similar to Bitcoin’s ETF approvals. The growing push for crypto ETFs has gained momentum under the current U.S. administration, with the SEC forming a dedicated crypto task force. Sheldon the Sniper predicts that Solana is on the verge of a breakout, potentially reaching new all-time highs with price targets ranging between $500 and $600 in the next rally. PlutoChain Has the Potential to Transform Bitcoin Through Hybrid Layer-2 Technology and Smart Contracts PlutoChain might address Bitcoin’s core challenge – slow transaction speeds and high fees that limit its use for everyday payments. With a hybrid Layer-2 solution, PlutoChain could process transactions off Bitcoin’s main chain while maintaining security and decentralization. A crucial feature is EVM (Ethereum Virtual Machine) compatibility, which could allow developers to port existing Ethereum applications directly to Bitcoin’s ecosystem. This includes DeFi protocols, NFT marketplaces, and AI tools, potentially making Bitcoin more attractive for innovation without requiring complete rebuilds of existing projects. The key technical advantage is speed – PlutoChain’s 2-second block time dramatically outpaces Bitcoin’s 10-minute blocks. In testing, it has demonstrated capacity for over 43,200 daily transactions, far exceeding Bitcoin’s current throughput. The platform emphasizes both technical security and community governance. Security measures include regular audits by firms like SolidProof, QuillAudits, and Assure DeFi, continuous internal code reviews, stress testing, and adherence to global blockchain security standards. For governance, PlutoChain takes a community-driven approach through Discord, enabling users to influence technical upgrades and strategic decisions. This represents a shift from traditional top-down blockchain governance. If successful, PlutoChain could help transform Bitcoin from primarily a store of value into a practical payment system while maintaining its core strengths in security and decentralization. The Bottom Line New SEC developments could be a positive sign for Solana spot ETFs. In the next few weeks, there will be more reports that could confirm this release. In the meantime, PlutoChain could generate serious buzz with its hybrid Layer-2 platform which could activate new features in Bitcoin’s ecosystem. The mainnet launch is coming soon, so it might be worth keeping the project on your radar. —— This article is not financial advice. Past results are not indicative of future returns, and the crypto market is inherently unpredictable. Readers must conduct their own thorough research before purchasing any crypto coin or token. These forward-looking statements are subject to risks and may remain unchanged.

The post Story (IP) Token Soars 27.3%: Can It Reclaim Its $9 ATH? appeared first on Coinpedia Fintech News With a growth of 27.3%, IP, the native token of Story Protocol, has emerged as the top performing crypto in the last 24 hours. The exceptional performance has grabbed the attention of the entire crypto community. IP, which hit the market on February 13, triggered excitement in the crypto community on the first day of the lunch itself, it recorded an impressive single-day growth of 1445.45%. Since the launch, the market has grown by 3933.08%. At one point on February 20, the market reached as high as $9. Currently, the IP price stands at $4.935 – at least 45.166% below the ATH. The big question now is: Will the IP market reclaim its $9 ATH? Let’s dive in! IP’s 27.3% Surge: Breaking the Downtrend? Although the IP price witnessed an impressive single-day growth of 104.09% on February 20, between February 21 and 23, the market experienced a sharp drop of 30.09%. The IP market has not yet fully recovered from the aforementioned correction yet. According to experts, the price of IP has been struck in a descending parallel channel since February 21. However, in the last 24 hours alone, the market has recorded a growth of 27.3%. Technical Indicators Suggest a Breakout in the IP Market In the four-hour chart of IP, the MACD line (blue) sits slightly above the MACD signal line (orange). What this indicates is the domination of bulls in the market. The Elder-Ray Index reading of IP stands at 0.40. This also suggests that buyers have gained a clear edge in the IP market. Also Read : Is Crypto Bull Run Over? , Key Price Levels: What’s Next for IP? Experts predict that if the price of IP breaks above the trendline of the aforementioned descending parallel channel, it could reclaim its ATH level of $9. Experts warn that if sellers regain their control over the market, the IP price may decline to as low as $4.36. Story Protocol: What You Should Know Story Protocol is a Layer 1 blockchain project aimed at making intellectual property programmable and accessible in an AI-driven world through tokenisation. It was on February 13 that Story Protocol officially launched its mainnet. Never Miss a Beat in the Crypto World! Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more. Subscribe to News FAQs What is a Story IP? A Story IP refers to intellectual property in Story Protocol, enabling digital content tokenization and ownership in an AI-driven ecosystem. What technical indicators suggest a bullish trend for Story (IP)? MACD shows bullish momentum, and the Elder-Ray Index at 0.40 indicates buyers have an edge, signaling potential price recovery.

The post XRP Spikes on SEC ETF Filings as ChowWow Passes $181k appeared first on Coinpedia Fintech News The chances of an XRP ETF approval in 2025 have increased significantly as reports show that the US Security and Exchange Commission (SEC) has begun reviewing submitted ETF filings from certain crypto asset management firms. The development marks the start of a potential turning point for the XRP cryptocurrency in the market. Meanwhile, the ChowWow presale cryptocurrency ICO funding has reached a milestone of $181,000 due to the high purchasing volume in the market. This underscores the influx of investors who identify the ChowWow token as the next meme coin set for 100x rallies in the coming weeks. Increased Probability for XRP ETF as SEC Posts Proposal to Federal Register The XRP token has recorded a significant increase in institutional interest over the past months, with multiple crypto asset management firms filing for ETF approval from the SEC. In the latest development, Cointelegraph reports that one of the ETF filings by Grayscale has been posted to the Federal Register. This means that the official review has started and the SEC will reach its conclusion on approval within 21 days after the publication of the filing in the Federal Register. In the same vein, WisdomTree, another crypto asset management company, has recently had its XRP ETF filing acknowledged by the SEC. All these point toward an increasingly bullish sentiment of XRP among corporate institutions. With the chances of XRP ETF approval increasing to 80% on Polymarket, the crypto asset is likely to be the latest token to be approved by the SEC after Bitcoin and Ethereum. This could further increase the overall value and market adoption of XRP in the near future. As such, the XRP price might be heading to $10 in 2025. ChowWow Hits Milestone as Presale Momentum Grows The ChowWow meme coin project is having a high-flying presale campaign as thousands of investors join the gem project. The latest presale report reveals that ChowWow has raised $181,000 so far in its presale, a testament to the token’s clear use cases, massive growth potential, and increasing market adoption. For context, ChowWow is a dog-themed meme coin project inspired by the Chinese Chow Chow dog breed. Built on the Solana blockchain, ChowWow’s ecosystem is driven by its multiple use cases, which include the play-to-earn feature where members are rewarded with prizes that can be converted to real-world value. Also, the stake-to-earn feature will generate an APY of up to 15% for investors who stake their $CHOW tokens. ChowWow represents a revolutionary upgrade from meme coins with zero utility to meme coins that harbor real-world value. That is why the project is on course to break into the top 200 crypto assets in the industry within 2025. Meanwhile, the ChowWow token is primed to generate up to 260% within its presale phase, rewarding early investors with significant ROIs before launch. Sold for just $0.01, ChowWow represents one of the best crypto assets to invest in 2025. Investing in the project now positions one to ride the potential exponential growth in the coming weeks. Investors can take advantage of the ongoing bonus offer, which gives them over 5% discount on $250 token purchases and above to accumulate the CHOW token. As it is well known, early investment in top cryptos like CHOW is where significant gains are made. Top Crypto Assets to Invest in 2025 The XRP token and ChowWow represent some of the top-rated crypto investment options. Given XRP’s continued ETF progress from multiple asset management firms, the future looks bullish. Similarly, ChowWow exponential growth potential and utility offerings put it ahead of its meme coin peers in the crypto industry. Overall, ChowWow’s low entry advantage and bigger percentage growth potential make it one of the best altcoins to invest in 2025. Visit ChowWow Presale

#Solana News: @PayPal announces its plan to introduce $PYUSD on #Solana Pay as an option for global payments through Hyperwallet, which it acquired, with implementation expected to begin in the first half of this year.