49 place 6

84 Solana Gets Respectable and Sets Its Sights on Wall Street

The Information
Yueqi Yang @ The Information 2 place · 08/21/2025 09:00 EDT

Solana Gets Respectable and Sets Its Sights on Wall Street

Solana, the wild younger sibling of the crypto world, wants to be taken seriously. Best known for memecoins and its connection to crypto exchange FTX, the blockchain is getting close to breaking into mainstream finance.

The U.S. Securities and Exchange Commission, which has turned crypto-friendly under President Donald Trump, is expected to approve exchange-traded funds that will hold solana tokens by mid October, according to Bloomberg ETF analyst James Seyffart, who tracks applications by asset managers.

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