According to Bloomberg analysts, there is a 70% chance that the Solana ETF will be approved before October 10, 2025. The relevant information is as follows:
• Applicants: Currently, five issuers have submitted applications for a spot Solana (SOL) ETF, namely Grayscale, Bitwise, VanEck, 21Shares, and Canary Capital.
• Approval Progress: On January 29 of this year, the Cboe BZX exchange re-submitted the 19b-4 documents for the spot Solana ETF on behalf of several institutions including Bitwise and VanEck. The SEC accepted the 19b-4 application for the Grayscale Solana ETF, with the next approval dates set for March 30 and April 3.
Here are the price predictions for Solana (SOL) in 2025 from different institutions and models:
• VanEck: The U.S. investment firm VanEck, using an autoregressive (AR) forecasting model, believes that as demand for smart contract platforms increases and the U.S. M2 money supply continues to grow, the market capitalization of SOL could reach $250 billion by the end of 2025. Considering the current circulating supply of approximately 486 million coins, this implies a potential price of $520 for SOL.
• AI Models: ChatGPT predicts the price of SOL in 2025 to be between $500 and $725; Perplexity predicts a price range of $166 to $555; Microsoft Copilot predicts a price range of $400 to $500.
• Douyin Related Analysis: A Douyin content analysis has aggregated multiple forecasts, suggesting that the price of Solana (SOL) in 2025 will be in the range of $300 to $500.
It is important to note that the cryptocurrency market is highly uncertain and risky, and price predictions are for reference only and do not constitute investment advice.#solana