Grayscale took a big step towards the traditional Solana (soil) adoption by submitting an S-1 request for a fund negotiated by Solana (ETF). This decision could make Solana more accessible to retail and institutional investors, offering a regulated means of investing in cryptocurrency. While Solana continues to gain ground in the blockchain space, the ETF deposits signals increasing confidence in its potential. If it is approved, this could bring more stability and legitimacy to Solana, further cementing its place in the cryptography market.
