We only have one big catalyst this summer, and I found a real make it play.
Solana ETF Approval likely soon (ETH ETF déjà vu?)
Polymarket: 75% odds by July 31
Only one solid play stands out — Marinade ($MNDE)
Why $MNDE?
- Staking name mentioned in ETF proposals
(Canary Marinade ETF)
- Marinade Select invited to be ETF-compliant
- First staking provider named in an ETF
- Likely choice for other issuers
Tokenomics:
- FDV = Circulating (no VC dumps, no team tokens)
- Real product, real fees
- Deflationary supply
- $1.6B+ TVL
- $6M/yr +buybacks @ $60M (~10% supply per yr)
That's higher than any other Marketcap/Buyback
- ETF inflows + Sol growth = exponential upside
Context:
- HL: 15B/45B FDV, $400M/yr buybacks (3-4%)
- $MNDE: No perps yet, only JUP onchain & CB spot
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