Franklin Templeton Tanjung Tinggi Solana, Will There Be ETF Solana?

Investment company Franklin Templeton uploaded a social media post related to Solana. (Photo; Doc. Dollogo)

JAKARTA - Franklin Templeton, one of the global asset management giants, expressed its admiration for Solana (SOL), a blockchain platform that offers high efficiency and scalability. This raises speculation about the future Solana Exchange Trade Fund (ETF), which will make it easier for investors to participate in the crypto market.

On social media, Franklin Templeton praised Anatoly Yakovenko's vision, Solana founder and CEO. Franklin Templeton also appreciated the innovations that took place on the Solana network, such as DePIN, DeFi, meme coins, NFT, and Firedancer.

Franklin Templeton even replaced his profile photo with an image of Benjamin Franklin, a figure who became the company's symbol, wearing a knitted hat, inspired by a meme coin developed on the Solana network, Dogwifhat, as a form of mere support and humor.

Franklin Templeton's praise sparked speculation in the crypto community about the possible existence of the Solana ETF after being approved by the US regulator's Bitcoin ETF. ETF is considered an easier and cheaper crypto investment product compared to buying and storing crypto directly.

The crypto community welcomes the prospects for Solana ETF, by considering it a positive development for the crypto industry as a whole. Some social media users expressed their hopes and belief that Solana ETF will soon be realized, given Solana's performance and potential as one of the fastest and largest blockchain platforms in the world.

For your information alone, Solana is a blockchain platform founded in 2017 by Anatoly Yakovenko, who previously worked at Qualcomm and Dropbox. Solana claims to be able to process more than 50,000 transactions per second at very low cost, thanks to the proof-of-history and proof-of-stake technologies used. Solana also has a rich and diverse ecosystem, with more than 400 projects operating on it, including DeFi, NFT, gaming, and others.