$SOL The odds of the U.S. Securities and Exchange Commission approving a spot Solana ETF in 2025 have risen to 99% as of Wednesday, reflecting investor confidence in Solana's prospects within traditional financial markets. Applications from asset management firms like VanEck, Grayscale, 21Shares, Bitwise, and Canary Capital indicate strong demand for regulated SOL investment vehicles. Bloomberg senior ETF analyst James Seyffart anticipates a wave of new ETFs in the latter half of 2025, placing Solana ETF approval odds at 95%. Despite the SEC delaying its decision on Fidelity Investments' spot Solana application, Seyffart views the delay positively, suggesting interactions between the SEC and issuers are constructive. Approval of spot Solana ETFs could unlock institutional capital, increasing demand for SOL and potentially driving prices higher, with some analysts predicting targets as high as $1,300..