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Solana News: ETF Launch and Major Presale Boost SOL’s Price Potential

Solana News: ETF Launch and Major Presale Boost SOL’s Price Potential

Author:
SOL News
Published:
2025-03-20 11:57:05
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Recent developments in the cryptocurrency world have brought good news for Solana (SOL) investors. Here’s a summary of the key events shaping SOL’s future.

Solana ETF is Set to Launch in the US— SOL Price Potential Rally

The SEC official dropped its lawsuit against Ripple, bolstering the upswing in crypto markets. In a potential end to the ongoing bearish influence, Solana ETFs are set to launch in the US. Florida-based Volatility Shares LLC is launching a pair of funds tracking Solana futures, which could lead to a SOL price rally.

Solaxy Raises Over $26 Million – Biggest Meme Coin Presale Of 2025?

The presale for Solaxy’s SOLX token has been one of the most successful introductions this year. Featuring better scalability for Solana, the project has grabbed the attention of utility token enthusiasts and meme coiners. With its multi-chain compatibility and ongoing developments, Solaxy is shaping up to be a top trending initiative. At first glance, its website feels quirky and cartoonish, dominated by meme culture. However, it’s not just a meme coin, but one with high-demand utility.

First Solana Futures ETFs Launch on March 20

Volatility Shares will debut two Solana (SOL) futures exchange-traded funds (ETFs) on March 20, marking the first U.S. ETFs tied to the cryptocurrency. The Volatility Shares Solana ETF (SOLZ) and the 2X Solana ETF (SOLT) will track Solana futures contracts, offering standard and Leveraged exposure with expense ratios of 0.95% and 1.85%, respectively. The launch follows the Chicago Mercantile Exchange’s (CME) introduction of Solana futures on March 17, which saw $12.3 million in trading volume on its first day. SOL’s price surged 12% to $136 ahead of the ETF launch, driven by rising open interest and derivatives activity.

Can DTX Exchange Win Against Solana After Listing Announcement? Expert Sets Target at $10

DTX Exchange has emerged as a disruptive force with analysts and investors in awe of its presale mania. Experts claim the hybrid platform can outperform Solana (SOL) after its listing. DTX tokens offer SOL-like features at a lower investment cost with similar ROI potential. SOL’s price is currently tumbling, which could drive investors to DTX Exchange for potential gains.

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