According to Cointelegraph, Solana is expected to experience significant growth in 2025, mainly due to increased interest from retail investors and the anticipation of a Solana ETF in the U.S.
Although Solana recently fell below $200, analyst Nicolai Søndergaard stated that retail investor profit expectations will drive its financial returns.
Many analysts expect Solana's price to exceed $400, due to historical chart patterns and the anticipation of the first spot Solana ETF in the U.S.
At least five companies are vying for a Solana ETF, including VanEck, Grayscale, 21Shares, Bitwise, and Canary Capital.
Brazil approved its first Solana ETF on August 7, setting a precedent for other regions.
