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Pompliano Backs VanEck’s Solana ETF, Signaling Wall Street’s Altcoin Embrace

This move follows the SEC’s approval of Bitcoin and Ethereum ETFs, indicating broader institutional…

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Headline:
Pompliano Backs VanEck’s Solana ETF, Signaling Wall Street’s Altcoin Embrace

Short description:
This move follows the SEC’s approval of Bitcoin and Ethereum ETFs, indicating broader institutional…

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Posted on Thursday, June 27, 2024.

About Solana

Solana is a decentralized, high-performance blockchain designed for fast, secure, and scalable transactions. It uses a proof-of-stake consensus mechanism and is built to handle thousands of transactions per second. Solana was developed by a team of engineers and entrepreneurs who previously worked on the Ethereum blockchain, and it is currently being used for various projects, including decentralized applications (dApps) and non-fungible token (NFT) marketplaces.

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News seen on: EconoTimes
Description of news source: EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.

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