Solana Spot ETF Approval Nears: Institutional Interest and DeFi Growth Drive Momentum
Solana (SOL) is gaining momentum as a prime candidate for a U.S. spot exchange-traded fund (ETF), buoyed by surging decentralized finance (DeFi) activity, increasing network revenues, and growing institutional involvement. With recent developments pointing toward regulatory progress, industry observers are closely watching Solana’s trajectory. The U.S. Securities and Exchange Commission (SEC) has requested amended S-1…