April 15, 2025
355M Transactions
These ETFs, backed by TD Bank, feature a unique staking mechanism that lets investors earn extra tokens while supporting network security, potentially offering higher returns than Ethereum staking.
Source: X (@EricBalchunas)
According to Santiment and Nansen, Solana is seeing a spike in online activity and hit a record 355 million transactions last week, the most of any blockchain worldwide including competitors like Ethereum (ETH) and Cardano (ADA).
No Synthetic ETFs
Approved by the Ontario Securities Commission, Purpose Investments, Evolve ETFs, CI Global Asset Management, and 3iQ will issue the funds. Unlike synthetic ETFs, these will hold actual SOL tokens.
Each ETF will also reportedly track a different index, giving investors varied exposure to the Solana ecosystem and signaling rising trust in physical crypto assets.
