⚖️ SOL ETF Hopes Renewed — Can Regulatory Momentum Drive a Price Surge?

Franklin Templeton, Grayscale, VanEck, and Fidelity have amended their spot Solana ETF filings with the SEC, reviving institutional interest in Solana (SOL).

The token's price initially dropped after the announcement, but long-term trends imply it might be a positive catalyst.

During SEC Discussion, Asset Managers Revise Solana ETF Filings
At least seven asset managers modified Solana-based ETF S-1 registration statements by August 1.

Updates include staking provisions and clearer custodianship arrangements based on SEC conversations. Grayscale's modified SOL plan includes a 2.5% yearly charge, while VanEck's incorporates active staking incentives and dual custodianship.

These measures are part of a concerted campaign to meet SEC expectations, particularly after the Commission authorized Bitcoin and Ethereum ETF in-kind redemption mechanisms. Market observers expect Solana ETF decisions around late August or September 2025.

Long-Term Momentum Builds Despite Cautious SOL Price
Strangely, Solana fell almost 3% to $170.24 after the ETF registrations. This means the news is priced in or traders are cautious due to market uncertainty.

Technical indicators indicate negative trend as SOL struggles to maintain above $170 and $158 support zones. A closing over $180 might revive positive optimism, while a slip below $158 could foreshadow a further decline toward $145 or $130.

Short-term volatility remains, but Solana ETF acceptance has major repercussions. A Solana SEC approval might boost market liquidity, institutional acceptance, and mainstream investment. With $60 billion in invested SOL and a burgeoning ecosystem, Solana will benefit from regulatory certainty.

Washington will be watched closely in the coming weeks. Long-term investors may see this as the quiet before a breakthrough.

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