A top liquidity provider on Meteora has added $0K $SOL and $10.8K $USDC to a SOL-USDC pool

I've been watching the Canadian crypto ETF scene with growing fascination, and what's happening with the Solana and XRP funds is nothing short of remarkable. These aren't just successful launches - they're redefining what's possible for altcoin investment vehicles in regulated markets. SOLQ has blown past C$300 million in assets while XRPQ has surpassed C$150 million - both claiming the top spots in their respective categories. As someone who's tracked institutional crypto adoption, this rapid growth speaks volumes about changing attitudes toward digital assets beyond just Bitcoin and Ethereum. What particularly caught my attention was SkyBridge Capital's early backing and ARK Invest purchasing SOLQ through their ARKW and ARKF ETFs. When Cathie Wood puts her money behind something, calling Solana a "high-performance blockchain infrastructure with significant potential," people listen. The fee structure is equally interesting - SOLQ waiving management fees until 2026 and XRPQ offering 0% management fees for six months. Smart move to attract assets quickly, though I wonder if they can maintain profitability long-term with such aggressive pricing. Meanwhile, the US market lags behind with only the recent REX-Osprey SSK product offering Solana exposure with staking economics. Several XRP ETF filings await regulatory decisions later this year, explaining why investors are looking north for exposure now. The Canadian market continues to serve as a testing ground for crypto investment products that the SEC approaches with greater caution. This first-mover advantage could establish lasting market dominance for Canadian issuers if they execute well. At $2.955 per XRP, investors seem increasingly comfortable with regulated exposure to assets once considered too risky or controversial for traditional investment vehicles. The landscape is changing rapidly, and these ETFs are leading the charge.

Solana's price hit a wall around $300. Looks like it's forming some kind of descending wedge thing. Might be a sign of what's coming next for SOL. Traders love these wedge patterns. They use them to guess where the market's heading. In 2025, it's all about looking at rising and falling wedges across different time frames. For Solana, we're seeing this weird descending broadening wedge. Two lines going apart, one dropping faster than the other. It's supposed to be bullish, but who knows? Might dip first before shooting up. Everyone's eyeing that $270-$275 support for SOL. That's about 10% down from the recent peak. Bulls seem to like that zone, though. Wedge trading in 2025 is tricky. People are using RSI and MACD on daily and weekly charts. Gotta be careful with risk. Stop losses are key. Some folks say wedge strategies can win 81% of the time. Sounds too good to be true, right? Watch out for fake signals and don't rely too much on old data. If this wedge plays out, Solana might blast off. Could line up with the whole crypto market bouncing back. But hey, do your own homework. Crypto's wild, and you never know what'll happen next.