- Solana’s strong basic principles and developer growth -fuel optimism for potential ETF approval.
- Institutional importance in Altcoin ETFs rises, with multiple applications under SEC review.
The growing anticipation around Altcoin ETFs in 2025 has placed the spotlight firmly on a potential solana [SOL] Etf.
Industry leaders have already expressed their expectations, and now Pantera Capital has strengthened this prediction, referring to the strong foundations of Sol.
Pantera Capital indicates an upcoming Solana ETF
In February 2025, Pantera Capital published a report entitled “Headwinds will be tailwinds.” General partner Cosmo Jiang and investment analyst Eric Wallach emphasized factors that indicate a shift in market dynamics.
These changes can clear the way for approval of the solution. The report suggested,
“We also believe that Solana is one of the most likely next digital assets to have an ETF. It has strong basic principles that subject a positive investment case, a broadly traded digitally active on large renowned trade fairs that can be monitored, and its ownership is widely decentralized – all important considerations. “
In fact, large companies such as Canary Capital, Vaneck, 21Shares and Bitwise have entered the race, which reflects an increase in demand to bring Sol to Wall Street.
Why did Solana receive attention?
The evolution of Solana in a dominant smart contract platform stimulates this momentum and surpasses competitors in important statistics.
The network has attracted the highest number of new developers and processed record-breaking DEX-Handelsvolumes. It even surpassed Ethereum [ETH] in generated costs.
Solana’s flagship Dex, Raydium (Ray), has surpassed the Uniswap (Uni) from Ethereum (UNI) by 30% for two months.
The pump. Fun Mania aroused an increase in new token creation on Solana, with more than 90% of the new tokens launched on his blockchain in Q4 2024.
Solana is also the preferred network for AI agent -tokens and decentralized science (DESCI) cryptocurrencies.
In 2024, 7,625 new developers arrived at Solana and surpassed the 6,456 from Ethereum.
The growing dominance of Solana underlines its strong case for ETF approval, which strengthens its position in the developing crypto market.
What about other Altcoin ETFs?
That said, polymarket facts suggests a chance of 84% of the Sol ETF approval in 2025.
Despite this optimism, however, the price of SOL has had to do Mint market cap.
Although this decrease can be linked to ETF speculation, wider market conditions can also play a role.
In the meantime, interest in Altcoin ETFs is expanding above Solana, with Ripple [XRP] ETF approval Opportunities at 80%, Litecoin [LTC] With 87%, Cardano [ADA] With 59%and Dogecoin [DOGE] With 31%, among other things.
This wave of potential ETF goods inspections suggests that institutional appetite for crypto-based financial products is increasing, which enhances the growing mainstream acceptance of digital assets.