This week in Crypto, several major news is underway, capable of influencing the portfolios of participants in respective ecosystems.
Key deadlines and networks developments in the heights and crucial launches, traders and investors have the following major titles.
Next Solana Etf Deadline
The next level of approval of Solana ETF (Stock market negotiated funds) is tomorrow March 11. This deadline marks the end of a 240 -day exam period for some of the first deposits of Solana ETF, such as those of Vaneck and 21Shares, subject to the middle of 2024 and recognized by the Securities and Exchange Commission.
For other deposits, such as the Graycale application, the final deadline could be extended until October 2025. However, publications on X (Twitter) and certain analyzes suggest March 11 as a critical date for an initial or unified dry response to several applications.
Crypto market players are cautiously optimistic. The prediction market market estimates a high probability (up to 80%) of approval in 2025.
Optimism is derived from a more user -friendly regulatory environment in crypto under the Trump administration and the management of Paul Atkins at the dry. However, some experts warn that approval may not occur before 2026 due to the ongoing regulatory obstacles.
“Solana’s biggest victory from the new Trump presidency will be our long -awaited ETF in 2025 or 2026. No surprise, the incredible team of Vaneck will lead the support of 21Shares and the Canari capital here,” said Dan Jablonski, responsible for the growth of the News and Union research company.
The SEC previously labeled Solana (soil) not registered security in prosecution against exchanges like Coinbase and Binance. For an FNB to be approved as a product based on basic products, the dry must move its position or resolve these legal challenges. A dismissal or softening of these prosecution could considerably increase the approval ratings.
Aave Dao proposal
The Aave Dao explores a proposal to introduce Sgho, a savings product linked to its native stable GHO. This will improve the usefulness and adoption of GHO in the decentralized financial ecosystem (DEFI).
The network SGHO is envisaged as a low -risk savings product and causing the yield built on the stablecoin of GHO of Aave. It is a decentralized asset, over-collateed and caught by the USD launched in 2023. The proposal highlighted by the founder of Aave Stani Kulechov positions Sgho as a mechanism to offer GHO holders of passive income opportunities while maintaining stability.
“”Sgho will introduce a basic savings rate on the channel for Aave users, an excellent entry product for new users on chain, ”Kulechov explained recently.
It is inspired by models like Sky’s Suss (formerly Makerdao), which offers Stablecoin holders a savings rate.
Summit on the Bitcoin strategy of Senator Lummis
Senator Cynthia Lummis, a vocal bitcoin defender, will co-organize the “Bitcoin for America” summit on March 11 in Washington, DC, organized by Bitcoin Policy Institute. This event only invites, which will be broadcast online in certain parts, aims to shape the American Bitcoin strategy.
Recently, she proposed to sell the gold of the federal reserve to finance the Bitcoin reserve. In its opinion, the reserve could help fight the national debt of $ 36 billions of the country. Key measurements at the top Include industry leaders like Michael Saylor de Strategy, decision -makers, And the financial leaders, signaling a Bipartisan momentum for the Bitcoin law of Lummis.
This legislation offers a reserve of American strategic bitcoin, targeting 1 million BTC (5% of the total supply) over five years and owned for 20 years to strengthen the dollar and reduce national debt.
With Trump’s pro-Crypto position and a congress led by the Republicans, the chances of approval increase, potentially in its first 100 days. For the cryptography market, this could mean increased institutional adoption, price volatility if the United States is starting to buy BTC and a precedent for other nations.
“Senator Lummis stirred the pot, suggesting an arms race on Bitcoin instead of weapons. If the United States is starting to hoard BTC, we are talking about a seismic change in global dynamics – military power taking a rear seat in the domination of digital assets, “noted a user on X.
However, regulatory obstacles and volatility of Bitcoin remain risks. Participants should monitor the summit results because they could redefine the role of bitcoin in American finances.
Frax Finance extends Stablecoin to Solana
Frax Finance, known for its Fractional-Algorithmic Frax stable stable, recently announced its intention to extend its stable ecosystem to Solana, a high performance blockchain. This decision, teased at the beginning of 2025, aims to take advantage of Solana’s speed, low costs and the growing challenge ecosystem to stimulate the adoption of Frax.
Participants in the crypto market should note that Frax is currently set at the USD with a warranty mixture (such as USDC) and algorithmic stabilization. This could improve the liquidity of Solana’s stablecoin, questioning the dominant players such as the USDT and the USDC.
The expansion aligns with the multi-chain strategy of Frax, which covers Ethereum, Polygon and Avalanche. 1 billion dollars of Solana + in the emission and scalability of native stables make it a strategic adjustment.
Consequently, this expansion could provide performance opportunities via the Frax loan and liquidity pools, although PEG stability risks remain.
Laununch of the Mainnet movement
Movement, an ecosystem of modular blockchains based on the LA-2 (L2), launches its MAINET today, on March 10, at 3:00 p.m. UTC. It marks an important step as the first virtual movement of movement of Ethereum (Movevm) L2.
Built by Movement Labs, this launch promises up to 160,000 transactions per second (TPS). It uses the secure programming language based on rust originally developed for Meta’s Diem.
Its Ethereum compatibility allows a transparent colony and a multi-active liquidity program to launch an adoption of challenge.
The moving of the token can gas, the development and governance. It was launched in December 2024 with an air card of 10% via MOVE. Investors should prepare for the volatility of prices around the decision, negotiating $ 0.46 to date.
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