The U.S. Securities and Exchange Commission (SEC) has officially requested that prospective #SolanaETF issuers revise and resubmit their S-1 forms within the next week.
👉 The #SEC will provide feedback within 30 days — and industry analysts believe a spot Solana ETF could be approved as early as July.
$SOL responded fast — rallying over 10% on the news.
Here’s why this matters:
✅ An approved ETF would open Solana to institutional capital and mainstream adoption.
✅ ETF inflows = sustained demand = potential price breakout.
✅ Market analysts are already eyeing a possible move toward the $180–$200 range if approval proceeds smoothly.
Context:
This step brings the ETF process one step closer to reality.
Bloomberg analysts now put the probability of a Solana ETF approval this year at ~90%.
Revised filings must clarify key points like staking and in-kind redemptions.
Market takeaway: The ETF narrative has the potential to become one of the top bullish catalysts for Solana this year — but volatility remains.
👉 All eyes on the SEC feedback window (30 days) and the next round of updates.
$SOL traders and long-term holders — time to stay alert.
