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Five major financial firms have submitted Solana ETF applications to the SEC, triggering a 240-day review period that will conclude by October 2025, with analysts estimating 70-84% approval probability.
Solana (SOL) is at the forefront of the latest developments. The U.S. Securities and Exchange Commission (SEC) is currently reviewing multiple filings for a Solana ETF, with decisions expected within 240 days.
The SEC is reviewing applications from five major asset managers for spot Solana ETFs, with an October 2025 deadline, following the successful launch of Bitcoin and Ethereum ETFs and amid growing market activity in the Solana ecosystem.
Crypto markets remain under pressure amid inflation concerns and looming tariff hikes, with Solana facing added volatility ahead of a major token unlock. Crypto Markets Struggle as Inflation Fears and Tariff Tensions Weigh on Sentiment QCP Insights for Feb. 19 showed that inflation fears and escalating tariff tensions continue to dominate global market sentiment.
Crypto analyst MadWhale has suggested that the Solana price could witness more downward pressure in the coming days. Specifically, the analyst predicted that SOL was at risk of a decline to $125 as it retests a key support level.
The cryptocurrency market saw mixed movements on February 21, with Bitcoin (BTC) crossing the $98,000 mark, while Ethereum (ETH) and Solana (SOL) posted modest gains. The total global crypto market capitalization stood at $3.23 trillion, rising nearly 1% from the previous day. Meanwhile, total market volume surged by 8% to $90.
Solana price has suffered a harsh reversal this month as one of the best layer-2 blockchain came under intense pressure. The SOL token plunged to a low of $160 this week, much lower than the year-to-date high of near $300. Let's explore some of the best Solana rivals to buy.
Solana (SOL) has quickly emerged as one of the most promising blockchain platforms in the cryptocurrency space, often referred to as an “Ethereum-Killer” due to its high scalability and low transaction costs. Currently trading at $171.73, Solana has experienced a significant dip of 42.65% from its all-time high (ATH) of $294.33.
The Solana ecosystem is stuck in a bear market risking a collapse with speculative activity reducing.
The recent market decline has made it difficult for Shiba Inu to regain its bullish momentum. Technical indicators, however, point to the possibility of a golden cross formation developing earlier than anticipated, which could support a robust recovery for SHIB despite the uncertainty.
Signals for the approval of a spot Solana ETF may come from a few places, and there are specific things that ETF gurus are scrutinizing.
As Solana ETF filings gain momentum, could this be the catalyst that propels SOL to new highs?
How did Kelsier, Jupiter, and Meteora allegedly use LIBRA's liquidity to cash out at the top while everyday traders lost billions in the biggest Solana scandal since FTX? A sudden scandal On Feb.
The PI network, which released its native token yesterday to its 60 million users, has gained more ground as it recorded a high of $2. The fully diluted value (FDV) reached as high as $195 billion during the initial rise, almost twice the value of the Solana blockchain's SOL.
LIBRA's collapse triggered fraud claims, insider trading accusations, and calls for Argentine President Javier Milei's impeachment.
Cryptocurrencies traded in green on Thursday as Bitcoin reclaimed the key $97K mark. The global crypto market cap increased by 2% in the past 24 hours to $3.23 trillion, reflecting renewed optimism. Meanwhile, PI, TRON, and Solana topped today's charts for different reasons.
Solana (SOL) has posted mild gains of 0.4% in the past 24 hours as the token is struggling to stay above a key support area that traders believe could be relevant for its future performance.In the past 7 days, the native asset of the second-largest smart contracts platforms has shed 9.
Solana (SOL), popularly known as the "Ethereum killer," has recorded significant dominance over Ethereum (ETH) and Tron (TRX) in a key metric. In the last 24 hours, Solana has raked in $2.06 million in transaction fees.
Sol Strategies has purchased 12,456 SOL tokens for $2.66 million, increasing its total holdings to 226,798 SOL, while partnering with Tetra Trust to enhance institutional access to Solana staking. The post Sol Strategies Buys $2.66M in SOL, Partners with Tetra Trust for Staking appeared first on Cryptonews.
SOL, the native token of the Solana network, is one of the worst-performing cryptos in recent days. Once the darling of the meme coin crowd, the popular blockchain is facing its toughest test yet with its massive price drop and dip in network activity.
Solana (SOL) has seen a growing sense of caution among its long-term holders, as indicated by its Net Unrealized Profit/Loss (NUPL) metric. The NUPL tracks the profitability of coins held by long-term investors and has recently fluctuated between 0.4 and 0.6.
The Sonic price has jumped by 10% today, with its rise coming as the market becomes increasingly bullish about the rebranded token. The post Sonic Price Explodes 66% in Two Weeks – Is This the Next Solana? appeared first on Cryptonews.
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Ethereum co-founder Vitalik Buterin has voiced his disappointment with criticism that Ethereum (CRYPTO: ETH) is “bad and intolerant” for not embracing “blockchain casinos.” What Happened: In response to a query on Tako, Buterin revealed that the criticism is that Ethereum “do not respect casinos” on the blockchain.
