The U.S. Securities and Alternate Fee (SEC) has unexpectedly requested asset managers to withdraw their ETF purposes for a number of main altcoins, together with Solana (SOL), sparking hypothesis round what this might imply for a bullish Solana worth prediction.
At first look, the transfer spooked market watchers.
However beneath the floor, this sudden shift could also be a part of a a lot greater play – one which might fast-track approvals and open the door to a wave of latest crypto ETFs.
And if that’s the case, SOL may very well be one of many greatest beneficiaries.
Who's prepared for Cointober? Spot crypto ETF Deadlines begin this week! Litecoin and Solana up first. Must be a wild month.. @JSeyff pic.twitter.com/K2m5pNBCbU
— Eric Balchunas (@EricBalchunas) September 29, 2025
Eric Balchunas, an ETF skilled from Bloomberg, emphasised that October might turn into ‘Cointober’ – a month when most of those pending purposes will lastly get the inexperienced gentle from the SEC.
The company has lately accredited spot ETFs linked to prime altcoins, together with Ethereum (ETH).
To this point, Dogecoin, XRP, and Solana have already gotten their first spot automobiles listed, whereas Litecoin (LTC) and Cardano (ADA) may very well be subsequent in line.
Solana Worth Prediction: SOL Eyes Surge to $450 as Institutional Curiosity Grows
Solana (SOL) has shaped an identical construction to Ethereum (ETH) a number of weeks in the past, earlier than it broke above the $4,000 resistance.
On this case, the key stage to look at is $270. The token has been respecting its pattern line assist currently and may very well be about to make a robust transfer above this mark if optimistic momentum features traction.
The approval of latest spot ETFs will seemingly draw an increasing number of curiosity from institutional gamers.
Paired with the launch of company treasuries, the stage may very well be set for SOL to succeed in a brand new all-time excessive like ETH did lately.
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The presale presents a method to step in early whereas earlier than the undertaking explodes in recognition.
With transfer than 2,500 creators already onboard, SUBBD may very well be the subsequent undertaking to make the headlines.
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