Altcoins today: Solana, Litecoin, and Hedera ETFs debut; TRUMP rebounds

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Altcoins update: Dogecoin and Injective signal recoveries as Ethereum eyes $4,000


US regulators have greenlighted SOL, LTC, and HBAR ETFs.
Crypto sees institutional demand as mainstream players seek blockchain exposure.
Official Trump surges after optimistic developments.

Digital assets performed well on Tuesday as Bitcoin reclaimed $117,000.

The broader sector has turned bullish amid optimistic updates and tomorrow’s Fed decision on interest rates.

In a groundbreaking move that has stirred the altcoin space, US regulators have reportedly approved exchange-traded funds linked to Solana, Litecoin, and Hedera.

This marks a crucial moment for the digital assets industry, with diversified ETF offerings beyond Bitcoin and Ethereum.

Enthusiasts can now access Bitwise Solana, Canary HBAR, and Canary Litecoin exchange-traded funds on the New York Stock Exchange.

The decision follows the new policies that allow issuers to evade the lengthy review procedures by the SEC.

The new financial products are experiencing significant investor appetite.

According to ETF analyst Eric Balchunas, the Bitwise SOL staking ETF saw its trading volume hit $10 million within the first 30 minutes.

It has eclipsed Hedera and Litecoin at $4 million and $400k, respectively.

Meanwhile, the approval will boost investor exposure in SOL, LTC, and HBAR through regulated channels.

That eliminates the complexity of navigating wallets and finding legitimate brokers.

The new funds have already debuted on leading United States exchanges as the gap between DeFi and TradFi blurs.

Institutional interest hits the altcoin sector

The latest approvals increase alternatives for investors.

Until recently, institutional players remained restricted to Bitcoin and Ethereum-related financial products.

Now, the landscape has transformed dramatically.

Solana, known for speed and its vibrant DeFi, meme token, and NFT ecosystem, has been among the hottest blockchains in the past few months.

With SOL ETFs live, the project can anticipate remarkable liquidity and market stability.

Such fundamentals can help Solana cement its status as a serious “Ethereum Killer.” SOL is trading at $199 after gaining more than 3% the past week.

The OG Litecoin has remained relevant through the years due to its constant network uptime and strong fundamentals.

An LTC ETF approval confirms that regulators still perceive Litecoin as a time-tested token that can serve conservative investors navigating cryptocurrencies.

LTC is trading at $98, bracing for impressive upside breakouts.

Finally, Hedera’s exchange-traded fund offers an opportunity for individuals exploring the blockchain role in tokenized assets, sustainability, and business solutions.

HBAR gas soared over 10% the previous day to $0.2018.

TRUMP rallies on positive sentiments

Donald Trump’s meme token led the gainers today. TRUMP gained more than 14% the past 24 hours to $7.11.

Trump Media’s deal with Crypto.com to launch Truth Predict is fueling TRUMP’s surges.

Under the agreement, Truth Social will channel event contracts through CDNA, a CFTC-registered exchange and clearinghouse.

The partnership provides the platform with a federally compliant framework to offer prediction markets tied to elections, economic data, commodity prices, sports results, and other real-world events.

Trump Media is promoting the initiative as the first instance of a publicly traded social media company integrating prediction markets directly into its platform.

The new feature will display real-time market pricing, allowing users to respond to live developments.

Social elements will be integrated alongside trading functions, enabling users to discuss positions, share forecasts, and trade simultaneously.

User engagement will be directly linked to trading activity — participants who earn “Truth gems” through interactions can convert them into CRO digital tokens, which can then be used to purchase event contracts.





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