$SOL Solana continues to grow despite regulatory delays and technical challenges. Here are the latest developments:

1. SEC Postpones Solana ETF Review (August 19, 2025) – The decision on Solana ETFs has been pushed to October, keeping institutional access uncertain.

2. SOL Breaks Critical Support (August 19, 2025) – The price dropped below $185, signaling weakness and extending selling pressure.

3. DeFi TVL Reaches $8.6 Billion in Q2 (August 19, 2025) – Despite market volatility, Solana’s DeFi ecosystem expanded strongly, led by stablecoins and lending protocols.

1. SEC Postpones Solana ETF Review (August 19, 2025)

The SEC extended its review of Solana ETF applications, including those from 21Shares and Bitwise, to mid-October. This follows similar delays earlier in the year with Bitcoin and Ethereum ETFs. The postponement keeps institutional investors waiting, adding short-term uncertainty. While this doesn’t eliminate long-term potential, the immediate outlook for regulated Solana investment remains unclear.

2. SOL Breaks Critical Support (August 19, 2025)

SOL fell below the $188 support level, retreating under $185. The failure to hold support after testing $210 reflects growing selling pressure. Technical indicators show the price remains in a consolidation phase, and if it fails to reclaim $182, it could slide toward $172. This move mirrors broader market caution ahead of key macroeconomic events.

3. DeFi TVL Reaches $8.6 Billion in Q2 (August 19, 2025)

Solana’s DeFi sector recorded strong growth, with total value locked (TVL) rising 30% in the second quarter to reach $8.6 billion. Stablecoins contributed heavily, with USDC dominating and accounting for nearly 70% of the locked assets. Despite price volatility, DeFi protocols on Solana continue to attract users and liquidity, showing resilience in a challenging environment.