- Given JUP's status as one of the top tokens in the Solana ecosystem, its price is expected to rise.
-RENDER and BONK are two other top Solana-based tokens that are poised to see their prices rise 20-fold.
-XRP is also among them, with its price expected to rise to $18.
During the Trump administration, the SEC seemed likely to approve a Solana ETF. With the approval of the Solana ETF imminent, the prices of some tokens will see a significant increase once approved.
5 tokens that are expected to surge 20-fold after the Solana ETF listing
Invest pro insight analyst says the Solana ETF may be launched at some point next year, although the exact timing is still uncertain due to some complex legal issues. Prior to this potential launch, and after the SEC approves the Solana ETF, the prices of the following 5 tokens are likely to surge significantly.
JUP
Jupiter (JUP) is one of the tokens expected to see a significant surge after the approval of the Solana ETF. Given that JUP is one of the top Solana tokens, its price is expected to benefit from this bullish development.
After the SOL ETF is approved, its DeFi tokens may see parabolic rises. Crypto analyst Altcoin Scholar predicts that JUP could surge to $10 or higher in this bull market.
NST
NebulaStride Token (NST) is expected to surge significantly after the approval of the Solana ETF. As a relatively new token, NST may see the greatest gains.
As a newer token, NST's price could even surpass 20-fold, as it has more upside potential compared to these older tokens. Given that NebulaStride aims to disrupt the financial sector, the token's fundamentals also provide a bullish outlook.
RENDER
Render (RENDER) is another top Solana-based token, and its price is expected to surge 20-fold after the approval of the SOL ETF, based on its connection to the artificial intelligence (AI) narrative.
Additionally, from a technical analysis perspective, crypto analysts believe RENDER is primed for a parabolic surge. In an X post, crypto analyst Exotrader predicted that as long as the AI token maintains a $6.9 support level on weekly closes, it could surge to $24.
BONK
Bonk (BONK) has become more than just a meme coin in the Solana ecosystem. It has acquired various use cases and even has an exchange-traded product (ETP).
Additionally, it is worth noting that an upcoming BONK token burn will destroy 1 trillion tokens. With the 1 trillion token burn imminent, the target price for this meme token is $0.11.
XRP
If the U.S. Securities and Exchange Commission approves the Solana ETF, XRP appears to be an obvious choice, especially if the approval comes before an XRP ETF. In the event of the SOL ETF receiving ETF approval, XRP's price could surge 20-fold as traders anticipate the arrival of the XRP ETF.
Furthermore, crypto analysts have already provided a bullish outlook for XRP's price. One such analyst, Dark Defender, has predicted that XRP could reach $18 in this market cycle.
