Solana Price Prediction: 8 Wall Street Giants File for SOL ETFs – Final Countdown to $1,000 Begins Now
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Eight heavyweight asset managers VanEck, Franklin Templeton, Canary/Marinade, Grayscale, 21Shares, Fidelity, Bitwise, and CoinShares, are all seeking to launch the first mainstream Solana ETF in the United States.
🚨 JUST IN: 🇺🇸 SEC HAS RECEIVED UPDATED S-1 FILINGS FOR SPOT $SOL ETF’S, SIGNALING “POSITIVE BACK AND FORTH BETWEEN THESE ISSUERS AND THE SEC” — TLDR, SOLANA ETF’S ARE COMING VERY SOON!#SOLANA ⚡️ pic.twitter.com/Gj0gauzZBy
This marks the second consecutive Friday of revisions, coming just a week after several of these firms also reworked their XRP ETF filings.
The latest tweaks center on redemption mechanics, allowing issuers to settle in either cash or Solana itself, a move analysts say could make the funds more attractive to institutions looking for efficient exposure to the token.
At present, the only US spot Solana ETF live is the REX-Osprey SOL + Staking ETF, which launched July 2 via a regulatory workaround.
But despite being first, it hasn’t drawn significant inflows compared to Bitcoin and Ethereum ETFs, which have attracted billions.
SOL Price Analysis: Targets at $500 and $1,000
Technically, Solana is showing signs of preparing for its next major breakout. On the daily chart, SOL trades at $202, consolidating near the upper boundary of an ascending channel.
A confirmed breakout above the $220–$230 resistance zone could ignite a parabolic run. The first target lies at $500, a psychological milestone aligned with Fibonacci extensions.
Source: TradingView
If momentum sustains, the path opens toward $1,000, Solana’s most ambitious target yet, as institutions pour in through ETF-driven demand.
On the other hand, failure to hold above $200 could trigger a correction back toward the $140–$120 support zone, where buyers may re-enter.
Solana Is Gearing for a Rally?
With eight Wall Street giants revising their applications, the probability of eventual approval has never looked higher.
If the bullish momentum aligns with a regulatory green light, Solana’s march toward $500, and eventually $1,000, could accelerate dramatically.
SOL Gains Momentum, $SNORT Presale Rakes in Millions
While SOL builds optimism, Snorter Bot ($SNORT), a Telegram-based trading assistant designed to make on-chain token trading faster, simpler, and more efficient, has raised a whopping $3.6 million in its ongoing presale!
Initially focused on the high-speed Solana ecosystem, it is set to expand to Ethereum, BNB Chain, and other EVM-compatible networks in the future.
By operating directly within Telegram, Snorter Bot provides retail users and active traders with a convenient way to spot, snipe, and manage tokens without leaving the app.
The $SNORT utility token gives access to premium features such as low transaction fees, automated sniping, copy-trading, staking rewards, and community incentives.
Each token can be bought at the current price of $0.1031 and early buyers can stake their tokens for a massive 127% in staking rewards.
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