VanEck and 21Shares have both filed for a Solana Spot ETF in the United States, creating shockwaves across the crypto world. While approval seems unlikely in the near term, the mere filing has boosted confidence in SOL as an institutional-grade asset.
The move mirrors the pre-approval stage of Bitcoin ETFs back in 2021–22. It’s a strategic bet that regulatory clarity for Ethereum opens the door for Solana, which now boasts the second-largest DeFi volume after Ethereum.
SOL’s fundamentals also support the narrative: lightning-fast transactions, deep NFT market, low fees, and growing RWAs like tokenized treasuries. Its performance this year has outpaced most L1s, and if an ETF is eventually approved, it could usher in another parabolic rally.
For article angles: “What a Solana ETF Would Mean for Crypto”, “SOL vs ETH: Who’s More ETF-Ready?”, or “ETF Plays Beyond Bitcoin and Ethereum”. Keep it informative, but include speculative upside.
