The Solana ($SOL) ETF, REX-Osprey's SSK, attracted $12M in inflows and had a $33M trading volume on its first day of trading, offering exposure to $SOL and staking with a 7.3% reward rate.
With the approval from the SEC, the SSK ETF is the first of its kind, with nine other $SOL ETF applications under review, potentially benefiting Solana's blockchain in the future.
The interest in Solana's blockchain has also boosted projects like Snorter Token ($SNORT), which aims to assist in finding promising meme coins through its trading bot and presale.
Investors can participate in the Snorter Token presale, leverage the Telegram-native trading bot for sniping new tokens, and stake $SNORT to earn rewards, with a current APY of 233%.