A Crucial Week for Crypto: SOL ETF, FOMC Minutes, and Aster Airdrop

A Crucial Week for Crypto: Solana ETF Deadline & Aster Airdrop Spark Speculation

There are several significant developments in cryptocurrency this week that may influence markets and investor sentiment. The upcoming Solana ETF deadline, new information from the most recent FOMC minutes, and developments on the eagerly awaited Aster airdrop are all significant occurrences. This week is crucial for both short-term traders and long-term investors because of these factors, as well as more general market moves and new patterns that are drawing attention. As we analyze the market’s drivers and the significance of these events, stay tuned.

Spot Solana ETF Decision Looms: SEC Deadlines Could Trigger Huge Crypto Market Moves

According to Nate Geraci, president of the ETF Store, cryptocurrency ETFs may see significant growth in the coming weeks. Grayscale, VanEck, and 21Shares have already submitted applications for a spot Solana ETF. The SEC must make a final decision by October 16. Approval odds in 2025 are close to 90%, according to analysts.

Enormous next few weeks for spot crypto ETFs… SEC’s final deadlines for numerous filings are approaching. Starts this week with/ deadline on the Canary spot LTC ETF. Will be followed by decisions on SOL, DOGE, XRP, ADA, & HBAR ETFs (though SEC can approve any or all of these whenever),

Geraci       

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Plasma’s Collaboration with Pendle Could Unlock Higher APY for Crypto Investors

The Pendle incentive program, which is anticipated to be revealed in collaboration with Plasma (XPL), is another cryptocurrency story this week.

XPL rewards are live for Plasma markets on Pendle! In addition to all of their existing yield + points, Pendle pools will be receiving another layer of XPL rewards on top,

Pendle

According to Pendle‘s market data, sUSDe yields are currently valued at 4 and 5% APY. Ethena’s forecasts, however, indicate a significantly higher 10% APY. Members of the Pendle community claim that this disparity presents yield speculators with an intriguing opportunity. This could be a compelling entry for long-yield exposure if you have a bullish outlook on financing rates and market momentum.

FOMC Insights and Powell’s Speech Could Influence Bitcoin Price

This week’s US economic events with crypto ramifications include the FOMC‘s September meeting minutes, which is another piece of crypto news to keep an eye on. Federal Reserve Chairman Jerome Powell will also make his introductory remarks after this event. This week, both data points are anticipated to affect sentiment toward Bitcoin.

Big News for Aster Holders: Immediate Token Access in Genesis Stage 2

The project just stated that there will be no lockout period for incentives for Genesis Stage 2, which will open for claims on October 14. Recipients would be able to sell their tokens right away. The modification was presented in Aster‘s release as a move toward flexibility and fairness. There would be “no pause” in between phases, it was stressed. In Phase 3, it promised more intelligent reward systems.

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