Bitwise has become the fourth company to file for a Solana ETF in the United States, joining Canary Capital, VanEck, and 21Shares in the race to launch the first such product amid changing political leadership and regulatory expectations.

This ETP would directly hold SOL, the native token of the Solana blockchain. This will give investors a new way to invest in this crypto.

The broader crypto ecosystem is soaring to new highs, with the combined market cap now at a record $3.4 billion. XRP joined this uptrend with its price crossing its three-year high as it soared above $1.42 overnight.

SOL reached a new all-time high of $263 more than three years after it last peaked, according to data from CoinGecko.

The price of SOL is in pump by +375% compared to a year ago.

Solana's SOL token has reached a new all-time high of $264.31, marking a complete recovery from its post-FTX collapse through strong ecosystem growth, institutional interest, and increased DeFi activity.

Solana (SOL) price surged 12%, reaching a fresh all-time high of $263.70 following the Cboe Exchange's submission of four 19b-4 filings for spot Solana ETFs by asset managers like VanEck, Bitwise, and 21Shares.

A whale recently purchased 100K SOL worth $23.86M. What could this mean for Solana's price?

On Thursday, Fox reporter Eleanor Terret revealed that the US Securities and Exchange Commission (SEC) is actively engaging in discussions with several asset managers regarding the launch of the new spot Solana ETF market. The firms involved include VanEck, 21Shares, Canary Capital, and Bitwise, all seeking to introduce products tied to the Solana price.

Solana's recent surge to over $260 marks a significant recovery from its low of $8 in late 2022.

VanEck and 21Shares are intensifying efforts to introduce Solana-focused ETFs (exchange-traded funds) in the US. The firms filed their proposals with the Chicago Board Options Exchange (Cboe) following earlier applications with the Securities and Exchange Commission (SEC).

The cryptocurrency market has risen by 4.34% in the last 24 hours, reaching a valuation of $3.31 trillion. This surge coincided with a huge increase in trade volume, which surged by 30.98% to $248.9 billion. Investor excitement is apparent, as indicated by the Fear & Greed Index, which shows “Extreme Greed” with 88.

Solana (SOL) shattered its all-time high (ATH) by soaring past $263 for the first time on Thursday. This marks a stunning comeback after years of volatility and setbacks.

Discussions between the SEC and Solana ETF issuers are advancing rapidly, rekindling hopes for an upcoming approval! With imminent filings and a pro-crypto administration, the arrival of a Solana ETF could transform the crypto market and mark a decisive turning point for the ecosystem.

Bitcoin just smashed a new all-time high at $99,000, stealing the spotlight in the crypto markets! Meanwhile, altcoins are either dragging their feet or clinging to support, waiting for a breakout. Solana, the fourth-largest crypto, has hit an all-time high, surging beyond $263 and eclipsing its previous record set in October 2021.

Altcoins have finally awoken with many of them hitting double-digit gains following the announcement of SEC Gary Gensler's departure from the agency.

As Bitcoin surpasses the $99,000 mark, with a new all-time high of $99,314, Solana shares the momentum to hit a new ATH. With a 10% surge in the last 24 hours, the bull run in SOL price powers tailwinds for other altcoins.

Solana has once again caught the attention of market participants as it hit a new ATH on Friday. Notably, SOL witnesses a sustained rally against the backdrop of massive whale accumulations.

Some major altcoins have also started riding the bullish wave alongside Bitcoin. Solana (SOL), the fourth-largest cryptocurrency by market cap, has also surged to a new record high of $262.

SOL Global Investments, a Canadian investment fund focused on Solana (SOL) and its growing blockchain ecosystem, is taking advantage of the surge in Solana's value by raising C$3.6 million (roughly $2.5 million) to acquire more SOL tokens.

Solana (SOL), one of the most prominent blockchains in the world, just hit a new all-time high record of $260. Fillings for Solana's crypto-related products boost the token price.

Solana gained 11% in the past 24 hours, trading above $263 to reach a new all-time high amid an extended crypto market rally.

New Solana ATH: SOL hits a new all-time high as altcoin season heats up. Learn how Solana's meme coin ecosystem is driving altcoin price spikes. The post Solana Reaches $260 ATH, Fueling Altcoin Season Hype – Are Meme Coins Next? appeared first on Cryptonews.

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Solana prices have surged a whopping 11% on the day returning to their all-time high last visited three years ago.

After plunging to nearly $8 in 2022, Solana has finally fully rebounded, jumping above the $260 mark Thursday for the first time ever.

The SEC's reported progress on Solana ETF filings and potential leadership changes have sparked optimism, signaling a possible shift in cryptocurrency investment regulations. Solana ETF Filings Spark New Hope Discussions about a solana (SOL) spot exchange-traded fund (ETF) between the U.S.

The Solana network remains one of the leading blockchains in the dynamic crypto sector, drawing in a significant number of users on a daily basis, which has led to a recent notable spike in its transfer volume to unprecedented levels.

Bitwise, VanEck, 21Shares and Canary Capital have also recently submitted their S-1 registration statements to list a spot Solana ETF in the US.

Bitwise's move could accelerate mainstream acceptance of Solana, influencing regulatory perspectives and boosting institutional crypto interest. The post Bitwise files Form S-1 for spot Solana ETF with SEC appeared first on Crypto Briefing.

Solana has been on an extraordinary growth streak this year, cementing its place as a leading blockchain platform. Recent reports show that it now holds the title of the blockchain with the highest global traffic share in 2024.

The triangle pattern formation that Shiba Inu is currently showing on its daily chart may pave the way for noteworthy price action. In the case of SHIB, triangle patterns frequently signal a period of consolidation prior to a clear market move, which may provide the groundwork for a robust upward rally.

Crypto-investments firm Bitwise took a big jump Thursday toward offering a Solana exchange traded fund (ETF) in the United States.

Solana (CRYPTO: SOL) is up 10% on the day and closing in on its all-time high as new Solana spot ETF filings indicate continued institutional interest. What Happened: Eleanor Terrett of Fox Business on Thursday tweeted that the SEC is reportedly engaging with issuers interested in launching a Solana spot ETF, with progress being made on S-1 applications, citing sources familiar with the matter.

Bitwise files for a Solana ETF in Delaware, joining several other investment firms in the race for regulatory approval.

Fox Business reporter Eleanor Terrett has claimed that the SEC is quietly engaging with several issuers about approving a Solana ETF.

Crypto asset manager Bitwise has filed for a Solana ETF amid increased optimism about SEC approvals under a Donald Trump administration.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

Cryptocurrencies dominate the global financial space with relentless surges. Amidst the optimism, attention turned to individual coins, with mixed actions. Meanwhile, Solana, SUI, and the new $QUANT stole the show for different reasons. Let us find out more. Solana targets further gains The alt hovers above $250 during this writing, exhibiting significant bullish momentum.

Cardano's Charles Hoskinson extends peace to Solana bridging crypto divides with unexpected blockchain diplomacy.

Solana (SOL) price has surged 16.96% in the last seven days and is now very close to reaching a new all-time high. The recent rally has positioned SOL just under 3% from its previous ATH, signaling strong bullish sentiment in the market.

Solana ETFs may arrive on Wall Street in 2025 as issuers privately disclosed dialogue with the SEC and President Donald Trump's administration buoyed industry hopes.

The SEC is quietly meeting with several issuers to discuss approving a Solana ETF, claims Fox Business reporter Eleanor Terrett. With Trump's impending pro-crypto administration, the SEC seems more inclined to approve such a product.

The quest for spot Solana ETF products in the United States is advancing positively. As Fox Business Journalist Eleanor Terrett reported, talks between the Securities and Exchange Commission (SEC) and prospective issuers are “progressing” positively.

Solana's price surge and ETF progress could signal increased institutional acceptance and regulatory clarity for crypto investments. The post Solana price hits $250 for the first time in three years amid SEC progress on Solana ETF applications appeared first on Crypto Briefing.

Bitwise was one of the money managers who launched the spot Bitcoin and Ether exchange-traded fund (ETF) earlier this year, introducing funds that directly hold billions of dollars in cryptocurrencies.

Solana is steadily consolidating around $250 after gaining 18% in the past week and 4.3% today. With strong bullish signals from technical indicators, could $300 be the next milestone?