31-8-2025 – The U.S. Securities and Exchange Commission is set to decide on eight applications for spot Solana exchange-traded funds by October 16, 2025, a move that prediction markets like Polymarket now assign a 99% chance of approval. This potential green light comes as Solana’s ecosystem gains traction among institutions, thanks to its ability to handle over 100,000 transactions per second at low costs.
Major players including Stripe, SpaceX, and BlackRock have integrated the blockchain for payments and tokenized assets, boosting staking inflows to $1.72 billion. Products like the REX-Osprey Solana + Staking ETF already yield 7.3% for investors, signaling a shift toward mainstream adoption. Real-world asset tokenization on Solana has grown 218% this year, reaching $553.8 million in value, with examples like Ondo Finance’s USDY stablecoin at $175.3 million market cap.
Approval could mirror the $68 billion inflows from Bitcoin and Ethereum ETFs, potentially directing $3.8 billion to $7.2 billion into Solana within the first year, amid a weakening dollar and anticipated Federal Reserve rate cuts. Technical signals, including an RSI of 57.63 and bullish MACD, point to upward momentum if the token surpasses $220 resistance, based on historical patterns from 2022 onward where similar breakouts preceded average 30-day gains exceeding 20% in backtested scenarios.
Analysts project prices could hit $500 by year-end, though regulatory hurdles and market volatility pose risks As the deadline nears, market participants should monitor SEC announcements for immediate price reactions and broader implications for altcoin ETFs.
