Crypto Market Buoyed by Speculation of More ETF Approvals and Growth of Real-World Applications
• Ethereum is rising due to speculation that more crypto ETFs may be approved, bringing in more money • Filecoin announced it will store Solana's transaction history, allowing Solana to decentralize while Filecoin gains a major partner • Hedera's SaucerSwap decentralized exchange has seen significant growth, indicating wider adoption • Crypto tokens are focused on building real-world utility like decentralized exchanges and storage solutions • As utility grows, more investors may enter the market, creating a virtuous cycle of value creation