Solana poised for 2025 rally, Fetch.ai launches $10M fund
Crypto analysts predict that Solana will see significant growth in 2025, driven largely by a surge in retail investor interest and expectations surrounding a potential US Solana exchange-traded fund (ETF). Despite a recent decline below the $200 mark, experts like Nicolai Søndergaard from Nansen anticipate a favorable outlook influenced by retail profit expectations. Concurrently, Fetch.ai has introduced a $10 million accelerator to support startups within the AI agent and quantum computing sectors. This initiative aims to integrate research with practical applications, offering funding and mentorship to entrepreneurs. Additionally, Europe’s MiCA regulation, effective since late 2024, is viewed as a positive development for the crypto industry despite concerns of potential overregulation. Meanwhile, allegations of insider trading on Solana's Focai memecoin have sparked debates on market transparency, with 15 wallets reportedly turning a small investment into over $20 million. Lastly, Ripple's recent collaboration with Chainlink aims to enhance the utility of its stablecoin, RLUSD, within DeFi applications.
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