Solana News Today: Regulators' Green Light Could Ignite Solana's Next Bull Run

The growing pipeline of Solana-focused exchange-traded funds (ETFs) has intensified speculation that the altcoin could retest its all-time high, driven by a surge in regulatory engagement and investor demand. As of late August 2025, eight Solana-based ETF applications are under review by the U.S. Securities and Exchange Commission (SEC), with additional filings from major asset managers such as 21Shares, Grayscale, and Bitwise indicating constructive regulatory dialogue [1]. These updates suggest the SEC is engaging in iterative feedback rather than outright rejections, raising the likelihood of approvals by mid-October [2].

The momentum surrounding Solana ETFs has drawn comparisons to the paths of Bitcoin and Ethereum, both of which saw ETF inflows, institutional adoption, and compelling narratives contribute to their price surges. Bitwise’s chief investment officer, Matt Hougan, has echoed this sentiment, stating that Solana is “lined up” for a similar trajectory [3]. This view is supported by recent inflows into existing Solana-related products, such as the REXShares Solana Staking ETF, which attracted $11 million in fresh capital on August 29, pushing its assets under management past $200 million for the first time [2].

The Solana ETF pipeline is part of a broader wave of 92 crypto ETFs pending SEC approval, with Solana and XRP leading among altcoins. James Seyffart, a senior analyst at Bloomberg Intelligence, has noted that the number of applications has grown by 20 in just four months, with most facing deadlines by October [1]. Analysts estimate that, should Solana ETFs receive approval, they could attract more than $8 billion in initial inflows, bolstered by Solana’s institutional-grade infrastructure and growing adoption [2].

Beyond ETFs, broader Solana adoption is also gaining traction. DeFi Development, a Nasdaq-listed company, has expanded its Solana treasury strategy with the launch of a UK subsidiary, DFDV UK. The company recently announced the acquisition of 407,247 additional Solana tokens at an average price of $189, bringing its total holdings to 1.83 million [3]. This move reflects an increasing trend of corporations treating Solana as a strategic reserve asset, potentially enhancing its liquidity and institutional appeal.

Industry experts such as former Goldman Sachs CEO Raoul Pal and cryptocurrency analyst Scott Melker have also positioned Solana as a key player in the next phase of the crypto market cycle. Melker highlighted the token’s alignment with the “ETF flows + treasury company + simple story” formula that has driven previous all-time highs [3]. While the token is currently trading at around $200—31% below its January 2025 peak—many observers believe regulatory clarity and product diversification will catalyze renewed bullish momentum.

Source: [1] 92 Crypto ETFs Now Await SEC Approval with Solana, XRP ... (https://finance.yahoo.com/news/92-crypto-etfs-now-await-130056606.html) [2] Solana ETFs Near SEC Approval After New Updates (https://www.mexc.com/news/solana-etfs-near-sec-approval-after-new-updates/79417) [3] Bitwise Predicts New All-Time High for Solana (https://forklog.com/en/bitwise-predicts-new-all-time-high-for-solana/)