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Despite the temporary delay in the ETF application for SOL, market expectations remain optimistic. October 10 will be a key point in time, and the current adjustment seems to be nearing its end. Let's explore a few projects in the SOL ecosystem that are worth following:
As a leading DEX aggregator in the SOL ecosystem, JUP's daily chart shows that it is currently in a consolidation phase. With the potential hype around the ETHFI concept triggered by SOL, JUP is expected to rise accordingly. The current price is around 0.56, and moderate positioning could be considered.
WIF is a highly promising meme coin within the SOL ecosystem. It is rumored that Wall Street funds are involved, which adds to its investment appeal. Positioning in WIF at this current stage may yield good returns.
Huma focuses on the payment and stablecoin sector of the SOL ecosystem. In light of the current popularity of the stablecoin market, Huma is expected to seize development opportunities from this trend.
Most of these projects are in a buildup phase, slowly accumulating. Once SOL strengthens, it is likely to drive these projects to rise in sync. For investors looking to lay out in the SOL ecosystem, the above projects are worth following.
It is important to note that the cryptocurrency market carries high risks, and investors should make careful decisions and manage risks effectively. At the same time, continuously following market trends and project developments is also crucial.