Polkadot ETF Decision Postponed to November 8, 2025  

The SEC has delayed its decision regarding the Polkadot ETF application submitted by 21Shares. The initial evaluation date was set for June 24, 2025. However, the Commission extended the review period due to its cautious approach toward cryptocurrency-related ETF applications. The new decision date is now set for November 8, 2025.  

Previously, Grayscale’s Polkadot ETF application also faced delays, with an expected decision on June 11 being postponed. This shows the SEC’s ongoing meticulous analysis process concerning crypto ETF proposals.  

This extension is not exclusive to Polkadot. ETF applications for popular altcoins such as XRP, Litecoin (LTC), Solana (SOL), and Dogecoin (DOGE) have also faced similar delays.  

DOT Price Rises 8.55%, Market Remains Hopeful  

Polkadot’s price has increased by 8.55% in the last 24 hours, despite the decision delay, as investor interest continues to grow. Two primary reasons lie behind this surge: easing tensions between Iran and Israel and an improved overall market sentiment. Bitcoin breaking the $106,000 level also contributed to the rally in the altcoin market.  

Bloomberg analysts Eric Balchunas and James Seyffart view the SEC’s interactions with crypto ETFs positively. They estimate a 90% chance of approval for the 21Shares Polkadot ETF. Seyffart noted that the process could extend into the final quarter of the year, but the SEC’s constructive stance is promising.  

Meanwhile, in 2026, memecoin-based ETFs such as Dogecoin (DOGE) and Shiba Inu (SHIB) are expected to enter discussions. The SEC is anticipated to prioritize key concerns such as market manipulation, volatility, and investor protection when evaluating these products  

Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our Telegram, YouTube and Twitter channels for the latest news and updates.

The post SEC Announces Decision on Polkadot (DOT) ETF! Details Inside   appeared first on Coin Engineer.

Back in April, BNB Chain held only a 25% share, but as July approaches, it has almost doubled its volume and taken the lead. Solana’s share dropped sharply from 40% in April to around 25%. This 15% decline ended Solana’s 12-month growth streak and pushed it to second place. 

Memecoin trading on BNB has flipped Solana

(driven by the Binance Alpha program) pic.twitter.com/yOUIj6ymP1

— Yano (@JasonYanowitz) June 14, 2025

Ethereum’s trading volume remains steady, maintaining a 20% share. It holds a stable but trailing position in the memecoin market. Base is limited to 5%, while blockchains like Arbitrum, Avalanche, Unichain, and Celo share the remaining 5%. 

Can Solana Maintain Its Rise? Cardano Steps Into the Spotlight 

Despite BNB Chain’s advance, Solana-based projects continue to attract significant attention. For example, the Solana memecoin TRUMP gained 3,000% in value within just 24 hours. Additionally, Solana’s popular memecoin platform Pump.fun aims to raise a $1 billion new fund. This shows that the Solana ecosystem still holds strong potential. 

Cardano is also trying to make a strong entry into this competition. Last week, Input Output partnered with Cardano’s largest memecoin, SNEK, aiming to boost Cardano’s memecoin activity. 

Meanwhile, Bloomberg analyst Eric Balchunas predicts the launch of a memecoin-based ETF by 2026. This forecast suggests memecoins could evolve into permanent financial instruments. 

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post BNB Chain Surpasses Solana in Memecoin Dominance  appeared first on Coin Engineer.