Solana price explosion: Could ETF approval catapult SOL to $550 by Q4 2025? – BitRss

• Solana ETFs could attract up to $6 billion in net assets within the first year, driving institutional demand.
• The 50-day and 200-day Moving Averages are critical for SOL ($177.78)’s next bullish breakout, with resistance at $220 and $250.

The cryptocurrency market is abuzz with speculation following recent developments surrounding Solana [SOL].

The U.S. Securities and Exchange Commission (SEC) has acknowledged multiple filings for Solana-based exchange-traded funds (ETFs), signaling a potential shift in regulatory stance toward altcoin investment products. 

This move has ignited discussions about SOL’s future price trajectory, with some analysts suggesting it could reach $550 by the fourth quarter of 2025.

SEC’s consideration of Solana ETFs

In early February 2025, the SEC began reviewing several applications for Solana ETFs submitted by prominent asset managers, including Grayscale, VanEck, 21Shares, and Bitwise. 

This action is particularly noteworthy given the SEC’s previous hesitancy in approving cryptocurrency ETFs beyond Bitcoin and Ethereum.

The change in regulatory ap…