Solana has surged 40% in the past 90 days due to heavy buying from new Solana treasury companies, generating nearly $3 billion in revenue in the past year. With the potential to rival Ethereum, Solana offers a faster, cheaper alternative for smart contract blockchain networks, attracting attention for possible spot crypto ETFs.

Solana’s impressive throughput capacity has led to $2.85 billion in revenue from DeFi, cryptocurrency trading, meme coins, DePIN, and AI, comparable to companies like Palantir and Robinhood. New Solana treasury companies, holding over $4 billion in Solana, are expected to drive demand and price increases, similar to Bitcoin and Ethereum treasury companies.

The upcoming launch of Solana spot ETFs is anticipated to further boost institutional demand, with over $1.5 billion already invested in Solana this year. With an expected $6 billion flow into Solana ETFs, alongside its potential for high returns, investing in Solana could be a lucrative opportunity for growth-oriented investors looking for triple-digit returns.

While Solana is up 13% this year, its previous 900% surge in 2023 showcases its potential for explosive growth. Priced at around $220, investing $500 in Solana could provide exposure to its growth potential, with additional funds available for future investments in Solana ETFs. Consider joining Stock Advisor for insights on the 10 best stocks for monster returns, including potential high-growth opportunities beyond Solana.

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