The US SEC has started the official countdown for Solana ETF application from Canary Capital.

Solana continues to outperform Ethereum in revenue generation, even as the crypto market faces reduced retail trading activity. Data from DeFiLlama shows that Solanas applications generate significantly more revenue than Ethereums, with crypto researcher Aylo reporting that Solana apps have earned up to 10 times more than their Ethereum counterparts as of Feb. 10.

The chief executive of crypto exchange Abra believes Bitcoin (BTC) and other top digital assets may hit massive price targets this cycle for one main reason. Bill Barhydt says that economic policies under US President Donald Trump may inject a huge amount of liquidity into the markets causing crypto assets to soar to astronomical prices.

Fund issuers are rushing to capitalize on a newfound openness to crypto, though some have voiced reservations around meme coin ETFs.

The SEC has taken a key step in the approval process for spot Solana ETF applications from Canary, VanEck, Bitwise, and 21Shares. The move signals growing regulatory acceptance of altcoin ETFs and could open new institutional investment pathways into the crypto market. The post SEC Acknowledges Spot Solana ETF Filings from Canary, VanEck, Bitwise, and 21Shares appeared first on Cryptonews.

The SEC acknowledged several Solana ETF filings on Tuesday, increasing the odds of its eventual approval. ETF analysts believe that a Litecoin or Dogecoin ETF is more likely, but the SEC is seemingly turning focus on Solana.

Franklin Templeton has registered a “Franklin Solana Trust” in Delaware, indicating it may soon file for a spot Solana ETF alongside a host of other bidding issuers.

The U.S. Securities and Exchange Commission (SEC) has officially acknowledged a Solana ETF application submitted by Canary Capital. This is in line with the acknowledgment of Grayscale's Solana ETF application, which was made in the previous month.

Lukas Bartusek, a former FTX user from Prague, is locked out of nearly $400,000 after mistakenly sending 2,000 Solana (SOL) to his old account a year after the exchange collapsed. Now he needs a court order to get it back, according to a Monday filing in Delaware bankruptcy court.

Franklin Templeton has filed to register a Solana spot ETF trust, joining Grayscale and Canary Capital in seeking SEC approval. The move highlights growing institutional demand for Solana-based investment products as regulatory decisions approach. The post Franklin Templeton Registers Solana Trust in Delaware, Eyes Spot ETF appeared first on Cryptonews.

Hester Peirce, the SEC's new crypto task force boss, has said that most meme coins probably do not fall under the regulator's purview.

Solana (SOL) could be on the cusp of an institutional adoption boom, as the network's growth accelerates and Wall Street giants line up to launch Solana-based investment products. The post Institutional Money Pours In as Solana's Growth Accelerates – Can SOL Overtake Bitcoin? appeared first on Cryptonews.

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So far, the process to launch Solana ETFs is mirroring what transpired when issuers were seeking to launch spot bitcoin products.

Sol Strategies partners with 3iQ to provide staking infrastructure for the Solana ETF, enhancing institutional access to staking rewards. The collaboration underscores the growing demand for regulated digital asset investment options The post Sol Strategies Chosen as Staking Provider for 3iQ's Staked Solana ETF appeared first on Cryptonews.

The price of Solana has gained 8.7% in the past 30 days, while its rivals experienced significant losses during that same period.

Franklin Templeton has added to the list of companies eyeing approval for a Solana spot exchange-traded fund. On Feb. 11, the $1.

dApp volumes on BNB Chain have surged by 42% in the last 30 days to $52 billion.

In an astonishing development, Franklin Templeton has joined the Solana ETF rally, submitting documents in the US state of Delaware. By registering the Franklin Solana Trust entity, the asset manager has initiated procedures for its spot Solana ETF launch.

The regulator could reach a decision at the end of a 21 day comment period.

In a latest development, Franklin Templeton, a global asset management company and spot Bitcoin exchange-traded fund (ETF) issuer, has filed corporate registration documents for the “Franklin Solana Trust” in Delaware, USA. This indicates that it joins competitors like Canary Fund and Grayscale in pursuing a Solana ETF.

Solana price falls below $200 as the network's onchain activity drops, but investors' anticipation of a spot SOL ETF could prompt a recovery.

The U.S. Securities and Exchange Commission (SEC) has acknowledged a recent Solana ETF application proposed by Canary Capital.

Raydium has jumped by 15% today, with the Solana-based coin rising to $5.60 as the cryptocurrency market suffers a 0.5% dip in the past 24 hours.

Solana price (SOL) price remains below the $200 mark, struggling to regain momentum. The cryptocurrency has dropped 10% in the past week amid broader market uncertainty.

Elon Musk changed his X name to Harry Bōlz after defending one of his DOGE acolytes, with the shift sparking Solana meme coin surges.

The cryptocurrency market saw Layer-1 blockchain market capitalizations rise by 6% in January 2025, despite mixed performance across different segments of the industry, according to a report by J.P. Morgan (NYSE:JPM).

Solana DEX volume hits $59.55B in February, nearly twice Ethereum's. Lower transaction fees, meme coin trading, and institutional backing drive growth, while Solana's network efficiency boosts adoption and liquidity. The post Solana DEX Volume Surges Towards $60 Billion, Extends Winning Streak Over Ethereum appeared first on Cryptonews.

In Solana's fast-moving crypto space, a token without strong trading volume gets ignored. Investors, traders, and automated scanners track transaction activity to find the next high-potential asset. If a project lacks volume, it fails to gain traction.

Regulatory filings show momentum for crypto ETFs, with Bloomberg estimating a 70% approval chance for spot Solana ETFs in the U.S.

Solana whales have show intent to protect the $200, but only time will tell SOL's next move.

Traders have been wondering where some sell pressure has been coming from amid mass buying by US ETFs and MicroStrategy. Binance.

Bitcoin (BTC) is testing $98,000, remaining sluggish but slowly climbing towards $100,000. The flagship cryptocurrency is up over 1%, trading around $99,100, as buyers look to maintain control.

Cryptocurrencies have been experiencing some volatility recently, and the big question on everyone's mind is, “When will Altseason arrive?” Many investors are wondering if altcoins will start showing strength again after a period of underperformance compared to Bitcoin. At the moment, many altcoins are struggling against Bitcoin's dominance.

Spot altcoin ETFs stand a good chance of being confirmed in 2025, according to Bloomberg ETF analysts. What Happened: Senior Bloomberg ETF analyst Eric Balchunas on Monday stated that Litecoin (CRYPTO: LTC) has the highest ETF approval odds at 90%.

Solana (SOL) has declined since its rejection of the $260 top price.

According to analysts from Bloomberg, there is a 90% probability that the U.S. Securities and Exchange Commission (SEC) will approve a spot exchange-traded fund (ETF) based on Litecoin (LTC) by the end of 2025. They estimate the chances of approval for other crypto ETFs, such as those for XRP, Solana (SOL), and Dogecoin (DOGE), at 65%, 70%, and 75%, respectively.

According to crypto analyst Ali Martinez, the Solana price action is at a crucial level, pointing to a key support level within a parallel channel. Based on the Solana price movement in the daily candlestick timeframe, his analysis suggests that the altcoin has been trading in an uptrend channel since July 2024.

After a massive liquidation crash in January, the crypto market has been struggling to this day. Not only the smaller and less volatile cryptos but also the top ones, Bitcoin, XRP, Solana, and Cardano, struggled and faced high consolidations.

The rivalry between Solana and Ethereum just took a new twist with SOL outshining ETH in key metrics.

Anthony Scaramucci's SkyBridge Capital is a “much bigger Solana fan than Ethereum,” as said in a recent interview to CNBC. Solana (SOL) is a direct competitor to Ethereum (ETH) as a leading Layer-1 (L1) blockchain for decentralized applications and tokens.

Solana is attempting a bullish breakout after a corrective structure. A move above $216.90 could push SOL toward $231.72 and $246.54, while failure to hold $195.81 risks downside.

Ethereum‘s (CRYPTO: ETH) underperformance compared to other big cryptocurrencies has caused a stir in the crypto community, but its leadership maintains that its culture is the key to long-term success. What Happened: According to Devansh Mehta, public goods and governance lead at the Ethereum Foundation, Ethereum's strong, community-driven culture focused on openness, transparency and challenging authority is Ethereum's core strength.

Solana vs. Ethereum: an open challenge

Well-followed Bloomberg analysts James Seyffart and Eric Balchunas believe exchange-traded products based on cryptocurrencies Ripple's XRP, Solana, Dogecoin, and Litecoin all have favorable odds of securing approvals. Notably, they see the chances of a Litecoin (LTC) exchange-traded fund (ETF) going live in the coming months as higher than those of other ETFs currently proposed.

Recently, Ripple CEO boasted that the approval of an XRP ETF is simply inevitable. Notably, Polymarket bettors also think that there is at least an 81% chance for an XRP ETF proposal to receive its approval this year. However, a research, led by renowned ETF analyst Eric Balchuas, suggests a different view.

Solana (SOL) is making waves in the cryptocurrency market, with an increasing number of traders and investors betting on the asset's upward trajectory. Despite the volatility of the broader market, SOL is experiencing a surge in interest, with a notable 77% of top Solana traders on Binance holding long positions.