#SolanaETF $SOL

Market news said that VanEck submitted the Solana ETF application, which ignited the token market of the Solana ecosystem for a while. The price of SOL once exceeded 150 USDT, and the top tokens of the ecosystem such as WIF and RAY rose by more than 10% in one hour.

Bloomberg analyst James Seyffart, who has attracted much attention in the Bitcoin application before, also wrote that if the White House changes to a new government and the SEC completes the personnel change, the relevant application may be launched sometime in 2025, but it may not be realized. James emphasized that after VanEck submitted the first SOL ETF in the United States, it is necessary to focus on whether other issuers will follow up.