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    Home / News / Hong Kong OKs Solana ETF; DeepSnitch, XRP, LINK Rise
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October 24, 2025 by Imelda
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Hong Kong OKs Solana ETF; DeepSnitch, XRP, LINK Rise

**Hong Kong Approves First Spot Solana ETF – A Big Win for Crypto Investors**

Hong Kong just gave the green light to its first spot Solana ETF, making it easier for people to invest in Solana through traditional finance. This makes it the third crypto ETF approved in the region, following Bitcoin and Ethereum. With this move, Hong Kong steps ahead of the U.S. by becoming one of the few places offering regulated Solana investment options.

The new Solana ETF was approved by Hong Kong’s Securities and Futures Commission (SFC) and will be managed by China Asset Management (Hong Kong). It will be listed on the Hong Kong Stock Exchange and will let investors buy into Solana using either U.S. dollars or Chinese yuan. One trading unit includes 100 shares, with a minimum investment of just $100, making it accessible for many people.

The fund is set to start trading as early as October 27. OSL Exchange will handle virtual asset trading, while OSL Digital Securities will be the sub-custodian. The total annual expense ratio, including all fees, is expected to be around 1.99%. Hong Kong now joins countries like Canada, Brazil, and Kazakhstan that already offer similar Solana ETFs.

This move shows growing trust in major altcoins like Solana and could help bring more money into the crypto market.

—

**DeepSnitch AI Raises $450K, Eyes Chainlink’s $12 Billion Market Cap**

A new crypto project, DeepSnitch AI, is making waves in the industry. It has already raised over $450,000 during its second presale stage and is gaining attention as a strong competitor to Chainlink, which currently holds a $12 billion valuation.

DeepSnitch AI brings something fresh to the table. While Chainlink connects blockchains to real-world data, DeepSnitch AI focuses on helping everyday crypto traders. Its main features include an AI-powered scam detector and tools that track large wallet (whale) movements—both of which are useful for spotting risks and opportunities in the market.

What makes DeepSnitch stand out is its appeal to regular users, not just developers or institutions. It’s designed to be helpful in both bull and bear markets, which gives it long-term staying power. Its utility isn’t based on hype—it solves real problems that traders face.

Currently priced at $0.01992 during presale, DeepSnitch AI could bring big returns if it reaches even a small portion of Chainlink’s market cap. Investors looking for high-growth opportunities are watching this project closely.

—

**XRP Price Outlook Strengthens with Institutional Support**

XRP is getting more attention from big players. A new Ripple-backed company called Evernorth Holdings Inc. has launched with the goal of promoting XRP use in traditional finance. The firm plans to raise $1 billion for an XRP treasury and is exploring a potential Nasdaq listing.

Ripple is also working to get direct access to the U.S. financial system by applying for a Federal Reserve master account. These moves show strong commitment to integrating XRP into mainstream finance.

However, XRP’s price hasn’t shown much movement lately. Despite bullish news, it has underperformed compared to other cryptos in recent days. Technical indicators are neutral right now, but long-term predictions suggest possible gains by early 2026.

—

**Chainlink Makes Big Moves with S&P Data Integration**

Chainlink just achieved a major breakthrough by bringing S&P Ratings data directly onto the blockchain. This allows smart contracts to access trusted financial ratings in real time—a major boost for DeFi projects needing reliable off-chain data.

This integration strengthens Chainlink’s value proposition as key infrastructure for the decentralized finance ecosystem. Large investors seem confident too—crypto analyst Ali Martinez reported that whales recently bought 13 million LINK tokens in just one week.

While price forecasts suggest moderate growth by late 2025, Chainlink’s strong foundation and ongoing whale accumulation make it a solid long-term bet.

—

**Final Thoughts: Crypto Momentum Builds Ahead of Bull Cycle**

With Hong Kong approving a spot Solana ETF and projects like DeepSnitch AI gaining traction, it’s clear that crypto is entering a new growth phase. Institutional interest is rising, and fresh innovations are attracting both retail and big-money investors.

DeepSnitch AI stands out as one of the top picks right now. If it reaches even a fraction of Chainlink’s $12 billion valuation, early supporters could see massive returns. The project is still in presale mode, offering low entry prices for those who want in early.

Now might be the best time to get involved—before the next bull run takes off.

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