The race for the next big altcoin is heating up as the Solana ETF moves closer to approval. Alongside Solana and HYPE, MAGACOIN FINANCE is also gaining buzz as a new Solana challenger that could outperform once the ETF goes live.
Solana ETF Nears Final Approval
The 21Shares Solana ETF has taken its final step toward trading on the Cboe BZX Exchange. The asset manager filed Form 8-A(12b) with the SEC, which allows the ETF to be listed once final checks are complete. This means the first U.S.-listed Solana ETF could launch any day.
The ETF will trade under the ticker VSOL and track Solana’s price performance while offering staking rewards through approved validators. This design brings yield generation directly into a regulated investment product—something new for the U.S. market.
Custody for the fund will be managed by Gemini Trust and Coinbase Custody, both licensed firms with insured holdings. The ETF charges a 0.30% fee, one of the lowest among proposed crypto ETFs.
Market watchers believe this launch could boost liquidity for Solana, much like Bitcoin and Ethereum saw after their ETF approvals. With Solana trading just below $195, analysts see a path toward $300–$400 if institutional buyers rush in once the Solana ETF goes live.
HYPE Gains Traction as Altcoin Demand Returns
Hyperliquid (HYPE) is regaining market attention after a period of correction. The project’s user activity and liquidity inflows are rising again, signaling improving sentiment among traders.
A recent report from Arete Capital projects annualized revenue of nearly $1.87 billion for Hyperliquid by the end of 2026. The team’s plan to allocate $305 million for ecosystem development and buybacks is reducing the available supply, tightening market circulation.
At around $45 per token, HYPE’s market value remains below 10x its projected 2026 earnings. This gap leaves room for upward movement as demand expands. With daily users and transaction volumes hitting all-time highs, many now view HYPE as one of the best altcoins to buy ahead of the next cycle.
If price stability continues and adoption rises, HYPE could climb toward the $60–$65 range, aligning with current analyst expectations.
MAGACOIN FINANCE: The New Solana Challenger
As excitement builds around the Solana ETF, many traders are also watching MAGACOIN FINANCE — a newer altcoin that could move faster when Solana starts its next rally. With a market cap near $16 million, MAGACOIN is still early and agile.
Analysts say when Solana gains 20%, MAGACOIN could move 200% to 2,000% because it’s smaller and less saturated. Many see it as a new opportunity for those who missed Shiba Inu’s early wave in 2021. The project’s setup and expanding community make it stand out as a best altcoin to buy alongside Solana and HYPE.
Positioning Ahead of ETF-Driven Moves
With the Solana ETF almost ready, traders are watching how market sentiment shifts once it launches. The smart move now is to position early across high-upside assets. Solana and HYPE are the large-cap picks, but MAGACOIN offers a faster-moving alternative with higher growth headroom.
Those looking to get in before the crowd can visit magacoinfinance.com today to learn more and secure early exposure:
Telegram: https://t.me/magacoinfinance
Website: https://magacoinfinance.com
X: https://x.com/magacoinfinance
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