The Bitwise Solana$SOL ETF proposal in Delaware marks an important step towards the merger of traditional finance and blockchain, aiming to reflect the performance of Solana. Competing with firms like VanEck and Canary Capital for SEC approval, this move could be a turning point for the asset.

The price of Solana has significantly increased during the recent market surge, currently standing at $236.91. Analysts believe that SEC approval of a spot ETF by 2025 could raise the price of Solana to $300. $XRP $LTC