Banking Giant Points to $8,000 Milestone for ETH, Historic SOL and XRP ETFs on the Horizon

• Banking giant Standard Chartered sets a date for Ripple and Solana ETFs.
• Standard Chartered’s Geoffrey Kendrick spoke about Ripple (XRP) and Solana (SOL) ETFs.
• Ethereum ETF approval has shifted attention to other leading projects with Ripple and Solana potentially making headlines in 2025.

Standard Chartered analyst Geoffrey Kendrick discussed the potential inclusion of Ripple (XRP) and Solana (SOL) in ETFs, following the approval of the Ethereum ETF. Kendrick highlighted the resemblance of certain cryptocurrencies to Ethereum and speculated that they might not be classified as securities, similar to the situation in the 2023 XRP case:

“In some cases, the core technology resembles Ethereum so much that it would be difficult for the SEC to claim that these are securities. The crypto industry currently seems to have political support on both sides of the aisle.”

Furthermore, Kendrick added that further regulatory changes in the market are inevitable. While anticipating the increasing dominance of Bitcoin and Ether, he suggested that specific other cryptocurrencies could also emerge as winners in the future.

Conclusion

As the crypto market continues to evolve, the potential inclusion of Ripple and Solana in ETFs marks a significant development. With regulatory changes on the horizon, the landscape of cryptocurrency investments is expected to see further diversification beyond Bitcoin and Ethereum.