A pack of heavyweight asset managers—including Franklin Templeton, Galaxy Digital, VanEck, Grayscale, and Fidelity—re-filed or amended S-1 registration statements on Friday for spot Solana exchange-traded funds.
Market watchers say the coordinated move suggests the U.S. Securities and Exchange Commission is inching toward green-lighting the products.
If the agency signs off, Solana would become the first major altcoin beyond ETH to secure a U.S. spot ETF, opening the door to broader mainstream exposure for the high-speed blockchain.
Crypto markets have been under pressure for months, and many investors are asking the same question—where exactly are we in the altcoin market cycle?
Ethereum may not be the fastest or cheapest blockchain—but that’s precisely why institutional investors are embracing it.
According to the latest Santiment report, the crypto market is entering a critical phase, with a mix of bullish on-chain signals and cautionary sentiment indicators.
Russian state-owned defense and technology giant Rostec has unveiled plans to launch a ruble-pegged stablecoin and digital payments platform by the end of 2025, marking one of the country’s most significant moves yet toward blockchain-based financial infrastructure.