Solana ETF Progress Stalls as Little Pepe Gains Traction

VanEck’s Solana ETF filing has made progress by entering the Depository Trust & Clearing Corporation’s active listing. This development, however, does not guarantee regulatory approval. Analysts predict that a decision could be made in the coming weeks or by October. Despite the anticipation surrounding VanEck’s Solana ETF registration, the asset has not been able to retest the $200 mark. Traders had expected a bullish momentum following its DTCC listing, but Solana’s price remains under resistance. As market attention shifts, newer low-cost alternatives are attracting investor interest, with Little Pepe emerging as a key contender.

The U.S. Securities and Exchange Commission is still involved in the evaluation process. Polymarket data remains optimistic, with a 92% chance of listing by December 31st this year. Despite the ongoing positivity around the ETF, Solana has been under pressure and has not reached a price above $200. According to a technical analysis, Solana (SOL) is trading at $134.53, showing signs of a potential reversal. The Relative Strength Index (RSI) is at 35.11, nearing oversold territory, while the Moving Average Convergence Divergence (MACD) reads -1.77 with a signal line at -4.60, indicating a possible bullish crossover.

Solana is currently trading within a falling wedge pattern, which often hints at a breakout. It is holding key support around $126.23, while resistance is stacked up near $142.74. If buyers step in with momentum, there could be a move toward the $142–$145 range, and if that breaks, a run toward $160 might be in play. However, if SOL slips below support, it opens the door to a possible drop toward $115. Currently, the indicators lean slightly bullish, but any real upside depends on momentum picking up.

Little Pepe has launched a Layer 2 blockchain that prioritizes speed, low fees, and strong security infrastructure. This network supports Ethereum Virtual Machine (EVM) compatibility, positioning it to operate alongside existing decentralized applications. $LILPEPE serves as the utility token within this ecosystem, powering transactions across the Pepe Unchained network. The presale for $LILPEPE went live on June 10, offering tokens at $0.0012 in Stage 3. The next stage price will increase to $0.0013. As of now, over 1.7 billion tokens have been sold from the available 2.25 billion. A total of $1.9 million has been raised toward the $2.525 million target.

Tokenomics include 26.5% allocation to presale, 30% to reserves, 5% each to marketing, liquidity, and DEX listings. Additionally, 13.5% of the supply is allocated for staking rewards. There is no transactional tax on the token. Total supply is fixed at 100 billion $LILPEPE. Little Pepe is currently hosting a $777,000 giveaway to mark its launch. There will be 10 winners who will get an equivalent of $77,000 in $LILPEPE tokens. There is also a rating of 73.56 percent in favor of the project as regards the next sale stage. Those wishing to buy the tokens will be able to do so by buying with ETH or USDT or by using credit/debit cards via a DeFi wallet such as MetaMask or Trust Wallet. Solana failed to perform according to expectations, and the attention of investors seems to revolve around more affordable and new assets. Little Pepe keeps getting traction, which has a solid tokenomics design and an increasing amount of presales.