In a bold move that could reshape the future of mainstream crypto investing, Nasdaq has officially included XRP, Solana (SOL), Cardano (ADA), and Stellar (XLM) in a new crypto benchmark index, according to a June 7 SEC filing.
The move is widely seen as a precursor to a diversified crypto ETF, one that goes beyond Bitcoin and Ethereum—opening the floodgates to institutional and retail exposure across multiple blockchains.
🧠 What This Means for Crypto Investors
🔹 XRP, SOL, ADA, and XLM Are Now in Nasdaq’s Sights
- These four altcoins are now part of Nasdaq’s “Crypto Index – Core Top 10” proposal
- The SEC filing confirms Nasdaq is seeking approval to benchmark funds against a broader crypto market
- Inclusion aligns with rising speculation over multi-asset crypto ETFs in 2025
🔹 Legitimacy and Visibility Surge
- Nasdaq’s recognition signals maturing status for these altcoins in traditional finance
- ETFs based on this index could appear on Wall Street platforms like Fidelity and Schwab
- Institutions can now track performance, weight portfolios, and allocate capital with more confidence
💥 Why This Is Huge for XRP and Solana
XRP
- Already gaining momentum from ongoing ETF speculation and legal clarity
- Nasdaq’s move could be a critical catalyst toward a spot XRP ETF approval
- Institutional inclusion means new demand sources beyond crypto-native platforms
Solana (SOL)
- A favorite among developers and meme coin traders, now gaining blue-chip status
- Being benchmarked by Nasdaq validates its ecosystem credibility and future ETF eligibility
📊 Quick Look: Market Cap & Growth Potential
| Token | Current Market Cap | 2025 YTD Performance | Now in Nasdaq Index? |
|---|---|---|---|
| XRP | $62B | +38% | ✅ |
| SOL | $87B | +72% | ✅ |
| ADA | $21B | +19% | ✅ |
| XLM | $4.3B | +12% | ✅ |
🧭 What Comes Next?
This could be the beginning of a broader wave of altcoin ETFs:
Near-Term Predictions:
- Spot XRP or Solana ETF proposals could surface before Q4 2025
- Crypto indices like Nasdaq’s will become industry benchmarks for altcoin fund managers
- Crypto-native exchanges may start listing index-tracking products for retail investors
✅ Final Takeaways
- Nasdaq just legitimized XRP, SOL, ADA, and XLM in a major way
- The move could ignite ETF proposals and massive inflows
- Investors should watch for follow-up filings and potential spot ETF momentum in Q3–Q4
- Altcoin exposure is evolving from speculative to institutional-grade
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