Why is the possibility of solana ETF approval than Cardano, Dogecoin and even higher than XRP? In the new report, Pantera Capital Analysts evaluated why Solana will sign this success before…
Can Solana ETF start to be traded in 2025?
In 2025, the increasing expectations for the Altcoin ETFs turned his eyes into a possible solana (left) ETF. While the sector managers made optimistic estimates in this regard, Pantera Capital supported these predictions by presenting an investment argument based on strong foundations.
In February 2025, Pantera Capital published a report titled “Headwinds Becoming Tailwinds .. General Joint Cosmo Jiang and Investment Analyst Eric Wallach pointed out that the dynamics on the market have changed.
The report stated that these changes may accelerate the solana ETF approval process.
We think that Solana is among the most likely digital beings that can receive ETF approval. Factors such as strong foundations, widely traded on large and reliable exchanges, and decentralized ownership structure offer a positive picture for investors.
In addition, major financial companies Canary Capital, Vaneck, 21shares and Bitwise applied to implement Solana ETF. This shows that the institutional demand for the SOL in Wall Street has increased.
Why is solana in the foreground?
Solana’s development as a smart contract platform made it to leave its competitors behind.
- Leader in the number of new developers: 7,625 new developers participated in the Solana ecosystem in 2024, while Ethereum (ETH) added 6,456 developers.
- Dex transaction volume Record: Solana, the decentralized stock market (Dex) has reached historical levels in transaction volumes.
- Ethereum passed: Solana left behind Ethereum in terms of income from the trading fees.
- Raydium (Ray) crossed Uniswap: Solana’s leading Dex platform Raydium (RAY), in the last two months, exceeded Ethereum’s Uniswap (UNI) with a 30 %trading volume difference.
- The preferred network for AI and desci projects: Solana has become one of the leading platforms for artificial intelligence -supported token and decentralized science (DESCI) projects.
- Pump.fun Madness: 90 %of the new tokens released in the last quarter of 2024 were created in Solanaaa Blockchain.
These factors show that Solana is a strong candidate for ETF approval and makes it more solid in the developing crypto market.
What are the other Altcoin ETFs?
According to Polymarket data, the probability of approval of the solana ETF in 2025 is calculated as 84 %. However, despite these positive expectations, the left price fell by 1.30 %in the last 24 hours and fell to $ 192.40. Although this decrease may be associated with ETF speculation, general market conditions may also be effective.
On the other hand, the possibilities for other Altcoin ETFs are as follows:
- Ripple (XRP): 80 %
- Litecoin (LTC): 87 %
- CARDANO (ADA): 59 %
- Dogecoin (Doge): 31 %
These estimates show that institutional interest in crypto -based financial products has increased and the main current process of digital assets accelerates.
