.png){kind=logo}
Solana News Today: Solana Targets $300 as ETF Approval Nears in 2025
Solana’s price is gaining attention as market and regulatory factors align to position the asset for a possible rise to $300 by late 2025. Multiple spot ETF applications are under review by the U.S. Securities and Exchange Commission (SEC), boosting optimism for approval as institutional demand and regulatory clarity increase.
SEC Delays and Regulatory Timeline
The recent U.S. government shutdown temporarily delayed ETF approval reviews, halting progress under the SEC’s “Operations Plan Under a Lapse in Appropriations & Government Shutdown.” The agency confirmed that during the shutdown, it would not review new financial products, accelerate registration effectiveness, or provide non-emergency services.
This pause placed what analysts described as “altcoin ETF floodgates” on hold. However, following the government’s reopening, ETF discussions have resumed, and industry observers expect momentum to build. Bloomberg analyst Eric Balchunas projects a 90% probability of Solana ETF approval by July 31, 2025, suggesting decisions could come earlier, possibly in June 2025.
The SEC’s acceptance of a generic listing standard for crypto ETFs has been a factor facilitating the issuers, namely, VanEck, 21Shares, and Grayscale, in moving ahead with their revised S-1 filings. The prevailing developments have sped up the approval process, reduced administrative barriers, and therefore made the applicant's prediction more accurate.
Market Confidence and Institutional Momentum
The regulatory timetable remains crucial, with January, March, and October 2025 being the dates most likely to impact the investor's mood. According to Nate Geraci from NovaDius Wealth, the mid-October 2025 timeline for approvals is realistic, assuming the SEC is back to its normal functioning after the hiatus.
This outlook aligns with Polymarket data, which shows an 89–95% probability of Solana ETF approval in 2025. Institutional interest continues to rise, with over 3.5 million SOL held by publicly traded firms. Meanwhile, Pantera Capital’s $1.25 billion “Solana Co.” initiative highlights growing confidence in Solana’s potential as a corporate treasury asset.
Price Trends and DeFi Expansion
At publication time, Solana (SOL) traded around $224.95, reflecting a 1.33% daily gain, according to CoinMarketCap. The token’s market capitalization reached $122.87 billion, supported by a 24-hour trading volume of $7.96 billion, down 7.85%.
Charts showed a steady rise through the evening before a minor retracement near $222, suggesting active accumulation. Despite brief dips, buying pressure remained firm above the $224 mark, sustaining bullish sentiment.
Analyst Lark Davis predicts that if the SEC approval probability exceeds 90%, SOL could rally toward $300 and potentially $1,300, driven by extended momentum. Technical metrics point to a healthy uptrend supported by steady network activity and trading demand.
Solana’s DeFi ecosystem has also surged, reaching a record $12.2 billion in total value locked (TVL). This growth follows increasing institutional inflows and clarity around liquid staking tokens, following the SEC’s August 2025 statement, which classified them as securities by default. The move has fueled new ETF proposals tied to staking products such as JitoSOL, reinforcing Solana’s position in the regulated DeFi sector.
Read More: Crypto Prices Today: Bitcoin Price at $122,000, XRP Slips 0.57%, Solana Soars Nearly 3%
Conclusion:
Solana’s path toward $300 is fueled by growing institutional participation and increasing optimism around SEC ETF approvals. With multiple applications under review and regulatory clarity improving, analysts foresee strong momentum through 2025.
