#ETF Solana Price Prediction: SOL Could Skyrocket 9x on Spot ETF Approval

SOL

$147.67

+4.10%

GSR Markets forecasts a dramatic 900% rise for Solana if a U.S. spot ETF is approved. Despite regulatory challenges, there is optimism for future changes in the SEC.

Key Insights

GSR Markets, a top market maker, predicts a 900% increase for Solana with the approval of a spot ETF in the U.S.

This prediction assumes Solana can capture between 2% and 15% of the inflows seen by Bitcoin ETFs.

GSR Markets outlines three scenarios for Solana's price: a "blue sky" scenario with a 900% rise, a "baseline" scenario, and a "bear" scenario with a 140% rise.

Gary Gensler's stance on Solana as a security in the Coinbase/Binance lawsuits makes approval challenging.

Analysts believe a new administration and SEC leadership could be more open to approving Solana ETFs.

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