Recep Gülcemal 
In recent days, Solana’s name has been mentioned mostly with ETF news. After Bitcoin and Ethereum spot ETF approvals, Solana is seen as one of the biggest candidates to receive ETF approval. Giant asset managers such as Grayscale, VanEck and Fidelity continue to update Solana ETF applications. Preparations for a possible ETF approval by Solana in the cryptocurrency market continue.
Why are Solana ETF Files Important?
- New additions to Solana ETF filings
- Grayscale will pay 2.5% as an annual fee (SOL).
- VanEck emphasised dual custody and staking features.
Will Solana Receive ETF Approval from the SEC?
For a long time, many ETF applications for Bitcoin and Ethereum were approved, albeit late. After the approval of Bitcoin and ETH ETF, institutional companies started to approach the cryptocurrency market more moderately. Volume altcoins such as Solana, XRP and BNB are next. Solana is now very close to receiving spot ETF approval. According to expert analysts, they say they could see a possible ETF approval by September or October 2025. However, after the ETF approval of BTC and ETH, there is an SEC that has not been in a hurry for a new cryptocurrency approval on ETF for a long time. Therefore, it is difficult to predict what may happen from the SEC’s point of view.
SOL Price Analysis (Support and Resistances)
- Current price 163$
- Support: 158$ (if broken, 145-130 levels can be tried)
- Resistance: If $180 is exceeded, it may go towards new ATH targets)
Factors favouring Solana
- High scalability: With 65,000+ TPS, it has lower fees and transaction speed compared to Ethereum
- The use of SOL in BlackRock’s BUILDL fund and ETF applications of large corporate companies further increase institutional interest.
- Projects such as Tensor and Mad Lads aim to lead the NFT market.
- In addition, continuous growth in TVL is targeted with DeFi protocols.
Critical Threshold for Solana!
Solana has managed to make a big sound from the first times it came out until today. It continues to remain at the forefront with both the strong stance of the current Solana network and the increase in corporate demand. It is currently seen as the biggest competitor to Ethereum, with faster and lower fee features than the Ethereum network.
A possible Solana ETF approval in the coming periods may be the key to moving to a new roadmap for Solana with large investments that may come in the institutional sense. However, the fact that the SEC has not yet provided the expected confidence in the cryptocurrency market prevents the fear index from decreasing in terms of confidence in the cryptocurrency market. The cryptocurrency market, which started to receive more investment from institutional investors after Trump took office, continues to be adopted more and more every day.
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