According to Bloomberg Intelligence, the likelihood of US regulators approving a Solana ETF (exchange-traded fund) is now a whopping 90%.<\/p>\n
This is particularly noteworthy because the company\u2019s odds for a $SOL ETF were just 70% back in February, i.e., only a couple of months ago.<\/p>\n
Combined with the CME listing Solana-based futures contracts in March, a $SOL ETF will likely rocket Solana to the moon.<\/p>\n
Keep reading to find out all the reasons for being bullish on Solana right now. We\u2019ll also point you towards the best altcoins<\/a> you can buy today to make the most of $SOL\u2019s bright future.<\/p>\n While six asset managers await the SEC\u2019s permission to list $SOL ETFs, the crypto\u2019s future open interest reached $5.75B (or $40.5M $SOL).<\/p>\n In addition to being a chunky 5% increase from March, this metric is now close to its all-time high. The demand for $SOL derivatives is also 50% higher than $XRP\u2019s.<\/p>\n Moreover, this data is hot off the oven (recorded just a few days ago), so it\u2019s dead accurate and proof of strong institutional interest in the blockchain.<\/p>\n One of the biggest reasons behind the growing adoption of $SOL derivatives is that the crypto held the crucial $140 support level.<\/p>\n With rising DEX volumes and a staggering $9.5B in total value locked (TVL), $SOL can easily surge past $200 well before a potential spot ETF approval on October 10.<\/p>\n Technical analysis on $SOL\u2019s charts paints a pretty picture, too. The crypto has bounced perfectly from the 10, 20, and 50 EMAs<\/a> simultaneously on the daily chart, which is a hugely positive signal.<\/p>\n The aforementioned bounce is also at a major support\/resistance zone, further proving that the current bullish rally could hold itself nicely.<\/p>\n\n The only thing left to see is whether $SOL can break and hold itself above the 200 EMA. However, as per the 4-hour chart, it should easily be able to do that, seeing as it\u2019s above all the major EMAs on that time frame.<\/p>\n All in all, Solana is doing really well and could pump soon. If you want to ride its growth, here are three Solana-based coins that could give you the best results in an already-pumping market.<\/p>\n Our top pick, Solaxy<\/a>, shows the best potential. It\u2019s still in presale, which has turned out to be a massive success thanks to over $30M in early investor funding.<\/p>\n Unlike other coins on Solana, Solaxy ($SOLX)<\/a> won\u2019t just use the blockchain\u2019s low-cost, high-speed architecture to further its interests. Its goal, in fact, is to improve Solana.<\/p>\n Solana has become too popular for its own good, ironically. A recent massive influx of new investors to the network has overloaded it. As a result, it has been struggling with congestion and scalability issues.<\/p>\n Solaxy will solve Solana\u2019s aforementioned issues by building the first-ever Layer 2 scaling protocol on the network.<\/p>\n It will process some of Solana\u2019s transactions on a sidechain, reducing the burden on its mainnet and increasing transaction speed while lowering traffic congestion. In one word, Solaxy will optimize Solana\u2019s key areas.<\/p>\n\n The utility-based nature of $SOLX significantly contributes to its uniqueness and makes it one of the best cryptos to buy today<\/a>.<\/p>\n What\u2019s more, Solaxy will also jack up Solana\u2019s affordability by processing multiple transactions simultaneously, i.e., in batches. This will reduce the per-transaction cost, making crypto more affordable to people like you and me.<\/p>\n As mentioned earlier, Solaxy<\/a> is currently in presale, which is another reason why it\u2019s such a lucrative opportunity. Remember, prices are at their lowest during the presale stage, offering insane risk-to-reward possibilities (like a 29x increase by the end of 2026<\/a>).<\/p>\n With over $32.6M in presale funding so far, one $SOLX is currently available for just $0.00171. Here\u2019s how\u00a0to\u00a0buy\u00a0it<\/a>.<\/p>\n ai16z ($AI16Z) really stands out because it\u2019s the first-ever venture capital firm run solely by AI agents. This crypto project is redefining the possibilities of artificial intelligence in the crypto investment space.<\/p>\n A decentralized trading fund, ai16z uses AI agents to collect and analyze investment-related data, including current community sentiment. This speeds up the entire process of deciding whether a certain company is worth investing in.<\/p>\n Aside from extra speed, AI will also reduce human error. What\u2019s more, these AI agents are also equipped to execute transactions both on-chain and off-chain, further improving flexibility and transaction speed.<\/p>\n\n As a leader in the AI-powered decentralized trading segment, $AI16Z has unsurprisingly been one of the most successful cryptos of late. It reached a record market cap of around $2.6B in January 2025.<\/p>\n Over the last month or so, the token is up a staggering 60%. It\u2019s also currently one of the top trending cryptos<\/a>, having jumped 10% in just the last 24 hours. $AI16Z is currently trading at $0.3043<\/a>.<\/p>\n Often referred to as \u2018the dog coin of the people,\u2019 Bonk is the first and the largest dog-themed meme coin on the Solana blockchain.<\/p>\n It\u2019s also the fifth-largest meme coin across the board, with a market capitalization of over $1.5B. Only $TRUMP, $PEPE, $SHIB, and $DOGE are above it.<\/p>\n Launched in December 2022, $BONK currently boasts over 17,000% in lifetime returns, which more than justifies its massive popularity among crypto degens.<\/p>\n\n After a nearly two-month-long steady decline, the token is climbing once again. It\u2019s up over 36% in the last week<\/a> and 67% in the last month.<\/p>\nSolana Futures Open Interest Nears All-Time High<\/h2>\n
What Does $SOL\u2019s Chart Say?<\/h2>\n
1. Solaxy ($SOLX) \u2013 Best Altcoin on Solana, over $32M in Presale Funding<\/h2>\n
2. ai16z ($AI16Z) \u2013 Venture Capital Firm Run by AI Agents<\/h2>\n
3. Bonk ($BONK) \u2013 Biggest Dog Meme Coin on Solana<\/h2>\n