{"id":12428,"date":"2025-02-11T11:16:48","date_gmt":"2025-02-11T11:16:48","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=12428"},"modified":"2025-02-11T11:16:48","modified_gmt":"2025-02-11T11:16:48","slug":"solana-etf-decision-approaches-sol-strategies-is-loading-up-on-even-more-sol","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=12428","title":{"rendered":"Solana ETF Decision Approaches: SOL Strategies Is Loading Up On Even More SOL"},"content":{"rendered":"<div>\n<p>Solana could rip higher if the US SEC approves a spot SOL ETF. SOL strategies are accumulating, but will the coin reach $520 by 2026?<\/p>\n<p><span data-preserver-spaces=\"true\">Solana seems to be hogging all the crypto attention lately. After climbing out of the 2022 pits, the <\/span><span data-preserver-spaces=\"true\">coin,<\/span> <span data-preserver-spaces=\"true\">SOL <\/p>\n<style>\n    .cwp-coin-chart svg path {\n        stroke-width: 0.65 !important;\n    }<\/p>\n<\/style>\n<p>    <span class=\"cwp-coin-widget-container\" data-id=\"sol-solana\" id=\"coin_widget_id_67ab30275e63f\"><\/p>\n<p>        <!-- name of the coin in the text --><br \/>\n        <span class=\"cwp-coin-widget-wrapper\" data-id=\"sol-solana\"><br \/>\n            <span class=\"cwp-coin-widget-holder \" style=\"background:#e6eaed;\"><br \/>\n                <span class=\"cwp-coin-name\" data-id=\"sol-solana\"><br \/>\n                    <span class=\"cwp-coin-icon \"><\/span><br \/>\n                    <span class=\"cwp-coin-label \"><\/span><br \/>\n                    <span class=\"cwp-coin-symbol hidden\"><\/span><\/p>\n<p>                    <span class=\"cwp-coin-trend-holder\"><br \/>\n                        <span class=\"cwp-coin-price hidden\"><\/span><br \/>\n                    <\/span><br \/>\n                    <span class=\"cwp-coin-trend-holder\"><br \/>\n                        <span class=\"cwp-coin-trend \"><\/span><br \/>\n                    <\/span><\/p>\n<p>                <\/span><br \/>\n            <\/span><br \/>\n        <\/span><\/p>\n<p>        <!-- popup with basic info about the coin --><br \/>\n        <span class=\"cwp-coin-popup-wrapper \" data-id=\"sol-solana\" style=\"\"><br \/>\n            <span class=\"cwp-coin-popup-holder\"><br \/>\n                <span class=\"cwp-coin-name\"><br \/>\n                    <span class=\"cwp-coin-icon\"><\/span><br \/>\n                    <span class=\"cwp-coin-popup-name\"><\/span><br \/>\n                    <span class=\"cwp-coin-popup-symbol\"><\/span><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-price\"><br \/>\n                    <span class=\"cwp-coin-price-title\">Price<\/span><br \/>\n                    <span class=\"cwp-coin-price-holder\"><br \/>\n                        <span class=\"cwp-coin-price-value\"><\/span><br \/>\n                        <span class=\"cwp-coin-trend-holder\"><br \/>\n                            <span class=\"cwp-coin-trend\"><\/span><br \/>\n                        <\/span><br \/>\n                    <\/span><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-volume\"><br \/>\n                    <span class=\"cwp-coin-price-holder\"><br \/>\n                        <span class=\"cwp-coin-volume-title\">Volume in 24h<\/span><\/p>\n<p>                    <\/span><br \/>\n                    <span class=\"cwp-coin-volume-value\"><\/span><br \/>\n                    <!-- <span class=\"cwp-coin-trend-holder\">\n                        <span class=\"cwp-coin-trend\">?<\/span> \n                    <\/span>                     --><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-chart\"><br \/>\n                    <span class=\"cwp-graph-title\">Price 7d<\/span><br \/>\n                    <span class=\"cwp-graph-container\"><\/span><br \/>\n                <\/span><\/p>\n<p>            <\/span>           <\/p>\n<p>        <\/span><br \/>\n    <\/span><\/p>\n<p>,<\/span><span data-preserver-spaces=\"true\"> is one of the top performers, breaking above all-time highs in Q4 2024. <\/span><span data-preserver-spaces=\"true\">Meanwhile, its ecosystem thrives and has been outperforming Ethereum in various metrics, including meme coin activity and <\/span><span data-preserver-spaces=\"true\">stablecoin growth over the past month.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">As Solana forms a strong foundation, analysts expect even more. In the coming few months, the United States Securities and Exchange Commission (SEC) will decide whether to approve a spot Solana exchange-traded fund (ETF). <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">If approved, SOL would be the third digital asset with such a product, following only Bitcoin and Ethereum. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This highly anticipated event would undoubtedly move the market. As the odds of a spot Solana ETF approval <\/span><span data-preserver-spaces=\"true\">rise<\/span><span data-preserver-spaces=\"true\"> on Polymarket, what would it mean for SOL and the broader crypto scene?<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-202994\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/Screenshot-2025-02-11T095434.976.png\" alt=\"\" width=\"1404\" height=\"702\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/Screenshot-2025-02-11T095434.976.png 1404w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/Screenshot-2025-02-11T095434.976-300x150.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/Screenshot-2025-02-11T095434.976-1024x512.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/Screenshot-2025-02-11T095434.976-768x384.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/Screenshot-2025-02-11T095434.976-50x25.png 50w\" sizes=\"auto, (max-width: 1404px) 100vw, 1404px\"><\/p>\n<p>(<a class=\"general-link\" href=\"https:\/\/polymarket.com\/event\/solana-etf-approved-in-2025\" target=\"_blank\" rel=\"noopener nofollow\">Source<\/a>)<\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Spot Solana ETF: What You Should Know<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">The United States SEC set a binding deadline of October 11 for its decision. However, last Friday, the agency interestingly validated Grayscale\u2019s 19b-4 form<\/span><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The stringent Commission acknowledged this application even though it had previously classified SOL, along with other coins like Cardano (ADA), as unregistered securities. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Although they later redacted this statement, the decision is pivotal, especially now that, as one analyst <\/span><a class=\"general-link\" href=\"https:\/\/x.com\/EricBalchunas\/status\/1887623284692271554\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">put it<\/span><\/a><span data-preserver-spaces=\"true\">, the SEC is in \u201cnew territory\u201d following the Donald Trump win.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Most importantly, by acknowledging this spot Solana ETF, the agency might implicitly admit<\/span><span data-preserver-spaces=\"true\">\u00a0that the debate around whether SOL is a security or a commodity is open for discussion.<\/span><\/p>\n<p>Under Gary Gensler, the former chair of the SEC, the agency reportedly refused to acknowledge 19b-4 forms because they believed SOL and most altcoins were securities. The SEC has only approved Bitcoin as a commodity, though the CBoE has added Litecoin to that list.<\/p>\n<p>Even though Ethereum is popular, the agency has yet to clarify whether it is a security or a commodity publicly.<\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Time to Buy More Solana at Current SOL Price?<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">Therefore, if indeed the classification of SOL is open, is<\/span><span data-preserver-spaces=\"true\">\u00a0February the ideal time to buy even more SOL?<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Sol Strategies, a Solana-centric public company in Canada, has already been accumulating SOL. In one week between January 31 and February 7, they <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/news\/sol-strategies-apes-40300-sol-after-hodl-ath-best-crypto-to-buy\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">bought<\/span><\/a><span data-preserver-spaces=\"true\"> over 24,000 SOL, pushing their holdings to over 214,000 SOL.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The firm has been regularly buying SOL, adopting a similar strategy to Strategy, formerly MicroStrategy, which has been aggressively buying Bitcoin for years.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">If the spot Solana ETF is approved, SOL might spike higher. Even so, caution <\/span><span data-preserver-spaces=\"true\">is advised<\/span><span data-preserver-spaces=\"true\">. Despite a spot Ethereum ETF, ETH has not yet surpassed $4,000, and bears remain dominant. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">According to <\/span><span data-preserver-spaces=\"true\">Soso Value<\/span><span data-preserver-spaces=\"true\">, institutions have bought over $10 billion of spot Ethereum ETF shares, but prices are still <\/span><span data-preserver-spaces=\"true\">below $3,000.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-202993\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/Screenshot-2025-02-11T095347.198.png\" alt=\"\" width=\"1817\" height=\"677\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/Screenshot-2025-02-11T095347.198.png 1817w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/Screenshot-2025-02-11T095347.198-300x112.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/Screenshot-2025-02-11T095347.198-1024x382.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/Screenshot-2025-02-11T095347.198-768x286.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/Screenshot-2025-02-11T095347.198-1536x572.png 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/Screenshot-2025-02-11T095347.198-50x19.png 50w\" sizes=\"auto, (max-width: 1817px) 100vw, 1817px\"><\/p>\n<p>(<a class=\"general-link\" href=\"https:\/\/sosovalue.com\/assets\/etf\/us-eth-spot\" target=\"_blank\" rel=\"noopener nofollow\">Source<\/a>)<\/p>\n<p><span data-preserver-spaces=\"true\">Nonetheless, VanEck is confident that SOL prices will continue trending higher in the coming years. They predict that SOL could more than double, reaching $520 by 2026, largely due to growing adoption and an expanding money supply in the United States.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Our Solana Price Target by the End of 2025 is $520<\/p>\n<p>We value Solana (SOL) based on its projected year-end market share within the smart contract platform (SCP) market. Our SCP market cap forecast is derived from U.S. M2 money supply growth, given its strong historical correlation\u2026<\/p>\n<p>\u2014 VanEck (@vaneck_us) <a href=\"https:\/\/twitter.com\/vaneck_us\/status\/1887560252117426452?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">February 6, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">VanEck forecasts that the United States M2 money supply, which measures all forms of liquid money, <\/span><span data-preserver-spaces=\"true\">including<\/span><span data-preserver-spaces=\"true\"> cash and checks, will reach $22.3 trillion by 2025. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Historical price action shows that when the M2 money supply rises, crypto assets tend to float higher in sync.<\/span><\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/presales\/dave-portnoy-new-meme-coin-went-100000-but-what-is-the-best-meme-coin-to-buy\/\" target=\"_blank\" rel=\"noopener\">Dave Portnoy\u2019s New Meme Coin Went 100,000% But What Is The Best Meme Coin to Buy?<\/a><br \/>\n<\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"nofollow noopener nofollow nofollow nofollow nofollow nofollow nofollow nofollow nofollow nofollow\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/solana-etf-decision-approaches-sol-strategies-is-loading-up-on-even-more-sol\/\">Solana ETF Decision Approaches: SOL Strategies Is Loading Up On Even More SOL<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Solana could rip higher if the US SEC approves a spot SOL ETF. SOL strategies are accumulating, but will the coin reach $520 by 2026? Solana seems to be hogging all the crypto attention lately. After climbing out of the 2022 pits, the coin, SOL Price Volume in 24h Price 7d , is one of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-12428","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/12428","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12428"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/12428\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}