Solana’s condition is enhanced by ETF: Do the numbers support them? star-news.press/wp
- Solana leads to blocking and revenues of the fees, which enhances the bottime ETF momentum.
- SEC seeks to modify S-1 files; $ 39 million, Sol converting hints in institutional identification.
Solana (SOL) quietly building her case for the circulating investment funds.
With the increase in the network activity, $ 8.8 billion in TVL, and the increasing fees revenue, the ecosystem attracts serious attention.
While exporters review deposits to a tired factor, Bloomberg is now linking the possibilities of approval by 90 %; A sign that momentum may be finally besides Solana.
SEC pay for modified files
The US Securities and Stock Exchange Committee requested exporters To present The modified S-1 models by the third week of June 2025; An encouragement sign that the review process is progressing.
This step comes in the wake of Bloomberg’s intelligence, which puts 90 % possibilities on approval, driven by increasing TVL and network activity in Solana.
Source: Devillama
Some exporters have already updated the deposits to include attention, although analyst James Sevart Warnings,
“It is possible but not guaranteed. It can theoretically agree to the Sol investment funds to launch at the same time as they agree to go into ETH ETFS. But I have no insight into what will actually happen.”
Transfer and drag the network
in Last 24 hours, Solana led all networks to bridge clear flows, which amount to $ 2.5 million, and put the third place in the fees generated; Only Tron (TRX) and HyperleQuid (Hype) lags backward.
These numbers shed light on the growing Solana use in the real world, which is a main measure of ETF survival. Meanwhile, Stablecoin supplies show a marginal flow of Sol, a sign of healthy liquidity.
Source: x
In a major portfolio step, 252,847 Sol (worth $ 39.72 million) It was transferred From Coinbase Prime to cold storage in FTX just hours ago.
This was an unusual size that could hint to the identification of institutional sites or the nursery restructuring before ETF developments.
Source: x
As Solana continues to attract flows, DEFI fuel activity, and prepare traction with exporters, the data increasingly supports narration: Sol develops into a dangerous rival in layer 1 with scales to match them.
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2025-06-17 14:00:00
