#SOLETFsOnTheHorizon SOLETFsOnTheHorizon SOLETFsOnTheHorizon SEC Review: The US Securities and Exchange Commission (SEC) is reviewing proposals for a Solana ETF, with VanEck, 21Shares, and Canary Capital submitting applications 🤝.

🚫 Potential Approval: With the SEC engaging with issuers, there's a possibility of approval in 2025 📆.

🚀 Solana's Surge: SOL's price has rallied over 7% following the news, with a potential 70% rally to $459 if it breaks above the all-time high resistance of $259.9 📈.

📝 Grayscale's Proposal: Today marks the deadline for the SEC to respond to Grayscale's proposal to convert its Solana Trust into a spot Solana ETF 📝.