Solana News Today: Institutional Interest in Solana ETFs Surges Amid Regulatory Adjustments

Multiple institutional asset managers, including Franklin Templeton, Fidelity, Grayscale, and VanEck, have revised their Solana (SOL) ETF filings with the SEC, indicating growing institutional interest in the cryptocurrency [1][6][9]. These amendments, which include provisions for staking mechanisms, reflect a strategic effort to align with evolving regulatory expectations and investor demand for more advanced exposure to altcoins [1][6]. CoinShares also recently registered a Solana staking ETF entity in Delaware, a move seen as a step toward creating institutional-grade products that integrate traditional finance with decentralized yield generation [4]. Analysts, including those at Bloomberg, have suggested a high probability—90%—of approval for these products by year-end, with some forecasting the inclusion of staking features alongside standard ETF structures [3]. If realized, such developments could significantly enhance Solana’s liquidity and institutional adoption [4].

Despite these positive catalysts, the short-term price action of Solana has not mirrored the bullish expectations. On July 31, the day these filings became public, Solana’s price dropped 3.29 percent, closing at $170.24, contrary to the upward momentum seen in Bitcoin and Ethereum following their ETF approvals [1]. The price decline has raised questions about whether the market has already priced in the ETF news or if skepticism remains about imminent regulatory approval [1]. Technical indicators further suggest caution, with Solana printing five consecutive red Heikin Ashi candles, signaling a loss of bullish momentum. Price has also dropped to the middle Bollinger Band at 179 and is currently near the 200-day SMA, a key resistance level that previously acted as a rejection zone [1].

August is expected to be a pivotal month for Solana’s price trajectory, with two key scenarios unfolding. In a bullish case, if Solana manages to hold the 168–170 support zone and regain momentum above $180, the price could test the $190 level and move toward $210. A daily close above $200 would invalidate the current pullback and open the door to new 2025 highs [1]. Conversely, a breakdown below $170 could lead to a retest of the $158 level and potentially a deeper correction toward $145 or even $130 [1]. These price levels will be critical for traders and investors as they gauge whether the ETF narrative will drive a renewed bullish phase or if the asset will consolidate for longer.

While the long-term implications of the ETF developments are positive, the immediate impact remains uncertain. The regulatory process is still in its early stages, and the SEC has yet to provide a definitive timeline for approval [1]. Analysts note that while the ETF narrative adds credibility to Solana’s institutional growth, price action remains the primary driver in the short term [1]. As such, investors are advised to remain cautious and monitor how the price behaves around the $168–170 range in the coming weeks [1].

The broader Solana ecosystem continues to show resilience, with weekly transaction volumes rising by 21% over the past six weeks [8]. This increase suggests ongoing network usage and potential for further adoption. Price forecasts from various analysts vary, with CoinCodex predicting a range of $194 to $306 by 2026 and InvestingHaven projecting a more aggressive target of $1,000. However, these are speculative estimates and not based on confirmed fundamentals [10]. The combined effect of regulatory progress, institutional interest, and optimistic price projections positions Solana as a major player in the crypto market, though it remains subject to regulatory delays and market volatility [1][2][9].

Source:

[1] Should You Buy Solana After the ETF News? (https://cryptoticker.io/en/should-you-buy-solana-after-the-etf-news/)

[2] Grayscale, VanEck, and Others Update Solana ETF Filings (https://thecryptobasic.com/2025/08/01/grayscale-vaneck-and-others-update-solana-etf-filings-in-push-for-sec-approval/)

[3] Crypto analyst who nailed price targets says Solana still... (https://www.thestreet.com/crypto/markets/crypto-analyst-who-nailed-price-targets-says-solana-still-poised-for-450)

[4] CoinShares Registers Solana Staking ETF Entity (https://www.ainvest.com/news/solana-news-today-coinshares-registers-solana-staking-etf-entity-delaware-showcasing-altcoin-confidence-2508/)

[6] All 9 Solana ETF Applicants Amend Filings for Staking (https://coinedition.com/solana-etf-filings-staking-strategy/)

[7] Solana Price Decline Pushes Traders To Take This Step (https://beincrypto.com/solana-holders-accumulate-amid-price-fall/)

[8] Solana News Today: Grayscale and VanEck Revise (https://www.ainvest.com/news/solana-news-today-grayscale-vaneck-revise-solana-etf-filings-approval-prospects-strengthen-2508/)

[9] Solana ETF Applications Heat Up with Big Names Involved (https://coinfomania.com/solana-etf-applications-surge/)

[10] Solana Price Prediction: SOL Might Be Set To Hit $300... (https://www.mitrade.com/insights/news/live-news/article-3-996268-20250730)