Solana News Today: SOL Strategies and ARK Launch Staking ETF Amid Crypto Infrastructure Surge

SOL Strategies and ARK Invest have launched a staking ETF partnership that is drawing attention from both institutional and retail investors. The initiative aims to enhance Solana’s validator operations and staking activity, signaling growing institutional confidence in the blockchain’s potential [1]. The partnership aligns with broader trends of increasing interest in crypto infrastructure and passive income opportunities through staking. Solana, known for its fast transaction speeds and low fees, is already attracting developers and users, and this collaboration could further solidify its position in the market [1].

However, the immediate market reaction has been mixed. Solana’s price has dipped slightly, trading at $178.35 with a market cap of $95.97 billion. Trading volume has also dropped by 14.88%, reaching $5.36 billion, suggesting that investor enthusiasm may still be testing the waters [1]. While the staking ETF could offer more structured and institutional-grade staking rewards, it does not guarantee significant price appreciation in the short term.

The discussion around Solana’s prospects has also sparked interest in alternative projects that offer real-world utility. For example, Remittix (RTX), a cross-chain DeFi project, is gaining traction for its instant crypto-to-bank transfer capabilities in over 30 countries. Unlike Solana, which is primarily a high-performance blockchain, RTX focuses on solving real-world financial pain points, such as remittances and freelancer payments. The project is currently in its presale phase, offering a 50% bonus on tokens and a $250,000 giveaway to early supporters [1].

Remittix’s beta wallet, set to launch in Q3 2025, will support 40+ cryptocurrencies and 30+ fiat currencies with real-time FX exchange and low gas fees. This development positions RTX as a practical tool for everyday users and businesses, contrasting with the more speculative nature of many crypto projects. With $17.8 million already raised and 576 million tokens sold, RTX is demonstrating early-stage momentum that many investors find compelling [1].

While the Solana price may benefit from institutional backing, projects like Remittix are capturing attention for their tangible applications and user-focused design. The growing interest in crypto that delivers real-world value reflects a broader shift in the market. Investors are increasingly seeking assets that solve problems and integrate seamlessly into daily financial activities, rather than purely speculative opportunities [1].

As the crypto market evolves, the lines between traditional finance and blockchain-based solutions continue to blur. Institutional players like ARK Invest are playing a key role in this transition, but retail investors are also becoming more discerning, seeking out projects with clear utility and long-term potential. Whether Solana’s staking ETF will drive broader market adoption or if projects like Remittix will lead the next wave of innovation remains to be seen [1].

Source: [1] SOL Strategies and ARK Invest Partner Through Staking ETF, Bullish For Solana Price Or Better Opportunity Elsewhere? (https://blockonomi.com/sol-strategies-and-ark-invest-partner-through-staking-etf-bullish-for-solana-price-or-better-opportunity-elsewhere/)