From Nasdaq

February 14, 2025 5:20:00 am:

Solana (CRYPTO: SOL) is experiencing a surge in price, up over 70% in the past year. Coinbase Global plans to offer trading for Solana futures contracts pending CFTC approval by Feb. 18. This move could potentially increase trading volume and demand for SOL. However, long-term growth is driven by utility value and ecosystem strength, not just futures trading.

Investing in Solana is supported by its appeal to developers for AI projects, low fees, and revenue growth. While futures trading may not be a major catalyst, real users and utility value continue to drive the token’s price. Investors should focus on the long-term potential of Solana rather than speculative trading in futures.

The potential approval of futures trading on Coinbase for Solana may not be a significant catalyst for price growth. The key to Solana’s value lies in its utility value, ecosystem strength, and real users driving demand. Investors should prioritize long-term holding of Solana over short-term trading speculation for more stable and profitable returns.

Read more at NASDAQ.: Will This 1 New Catalyst for Solana Be a Game Changer?