Spot Ethereum ETFs Push ETFSwap (ETFS) Over 10,000 Users, Near Protocol (NEAR) And Solana (SOL) Buckle Under Pressure
- ETFSwap (ETFS) user base surpasses 10,000 due to spot Ethereum ETFs.
- Solana and Near Protocol show bullish signs despite market pressure.
- ETFSwap token presale sees massive interest, with prices set to double.
Spot Ethereum ETFs Fuel ETFSwap Growth to Over 10,000 Users
The cryptocurrency world is raving with the news that spot Ethereum ETFs could be fully approved by September. Consequently, the prevailing market psychology pushed ETFSwap (ETFS) past 10,000 users. Also, Solana (SOL) and Near Protocol (NEAR) gear up for bullish runs under prevailing bearish pressure.
Spot Ethereum ETFs Push ETFSwap (ETFS) Over 10,000 Users
Spot Ethereum ETFs are about to be approved, and the SEC gave their comments on the S-1 forms last Friday. Consequently, an Ethereum-based ETF ecosystem, ETFSwap (ETFS), has benefited maximally, with its user base surpassing the 10,000 Mark. Even more so, major crypto analysts have predicted a massive bullish rally for its native trade-to-earn token, ETFS, upon the final approval of spot Ethereum ETFs. Being the only provider of ERC20-based exchange-traded funds (ETFs) assets, ETFSwap (ETFS) is integrating the 10 trillion dollar ETF industry, which has remained stagnant for the past decade, into the blockchain in the form of tokenized assets.
The ETFSwap (ETFS) ecosystem is gaining widespread adoption as it gives all investors direct permissionless access to highly profitable real-world assets like coal, oil, gas, health assets, and agricultural raw materials to be traded on-chain under flexible terms. ETFSwap (ETFS) is prioritizing its users with its seamless swapping mechanism, which allows them to swap multiple ETF assets via multiple ETF markets at low costs.
Little wonder major crypto analysts have tipped ETFSwap (ETFS) to smash past the $1 mark as soon as spot Ethereum ETFs start trading. With its token price still going for a $0.01831 bargain, now is the time to join the ongoing presale before it gets sold out in no time.
Solana Is Poised For A Comeback
Since Solana dipped significantly from its bullish all-time high of $256.97, it has been struggling to kick-start a strong bullish rally to power it near its all-time high. But with spot Ethereum ETFs expecting approval, Solano is poised for a bullish comeback— Solana has started giving off bullish ecosystem signs. With an increased demand for smart contracts and DeFi applications, Solana has started to experience increased market volume with its lightning-fast ecosystem speed and transaction time.
More so, Solana recently partnered with PayPal to integrate Solana’s lightning-fast speed and transaction time into Paypal’s stablecoin product, PYUSD, and the liquidity inflow into the Solana blockchain has skyrocketed once more.
NEAR Protocol Is Standing Out Against Prevailing Market Downturn
Near Protocol is standing out against the prevailing market downturn as spot Ethereum ETFs near final approval. Despite the price lows faced by many altcoins, Near Protocol has managed to stabilize to bounce back from a monthly low of below $5 to stabilize above $5.5.
As weekly trade opens, Near Protocol opens on a bullish note, with major crypto market analysts predicting Near Protocol to surpass the $6 price mark. More so, with spot Ethereum ETFs opening for trade in a couple of months, Near Protocol could rally to $9
Conclusion On Spot Ethereum ETFs Pushing ETFSwap (ETFS)
ETFSwap (ETFS) is benefitting from its affiliation with the Ethereum (ETH) blockchain, and the approval of spot Ethereum ETFs will further rally its ecosystem. Solana and Near Protocol, on the other hand, are now starting to make bullish moves in preparation for the 2024 bull run.
With over 250 million tokens sold, ETFSwap (ETFS) is currently the prime ETF ecosystem to make millions. You can still buy in now before the next stage of presale pushes its price 100% higher to $0.03846.
With its price set to 2x in the next stage, it means that this is the lowest price the ETFS tokens will ever be until it lists on major exchanges. This makes it the right time to buy the atlcoin for maximum gains.
For more information about the ETFS Presale:
