These Will Be Followed in Altcoins in the New Week! Rumors are spreading!

As the cryptocurrency market enters a new week, analysts and investors are closely watching a few key events that could impact various altcoins.

Crypto analyst The DeFi Investor highlighted key developments to keep an eye on, including ETF deadlines, governance recommendations, and network launches. Here's what's on the radar:

Solana (SOL): Deadline for ETF Approval Looming

The next approval date for the Solana exchange-traded fund (ETF) is set for March 11. Investors are watching for potential regulatory updates, as ETF approvals could significantly impact Solana's market performance and adoption.

AAVE (AAVE): sGHO Savings Product Offer

The AAVE DAO is currently discussing a proposal to introduce sGHO, a new savings product for stablecoins. This initiative can enhance AAVE's ecosystem by providing users with opportunities that generate additional returns. The debate continues within the framework of DAO governance.

Bitcoin (BTC): U.S. Senator Lummis' BTC Summit

Senator Cynthia Lummis will host a summit on March 11 to discuss America's strategy for adopting and regulating Bitcoin. Given Lummis' strong advocacy for pro-crypto policies, this event could provide insight into the U.S. government's stance on Bitcoin and digital assets.

Frax Finance (FXS): Expansion to Solana

Frax Finance has announced plans to expand its stablecoin ecosystem to Solana.

Movement (MOVE): Mainnet Launch on March 10

Movement, a network focused on Move-based Layer 2 solutions, is set to launch its mainnet on March 10.

Sui (SUI): ETF Rumors Revealed

Speculation is growing that Canary Capital may soon apply for a spot SUI ETF. While yet to be confirmed, such a move could pave the way for increased institutional interest in the Sui ecosystem.