ETF Expert Predicts Solana ETF in 2025

The crypto market is grappling with uncertainty, but Solana (SOL) appears to be on the verge of a turnaround, according to recent analyses and market forecasts. Additionally, a certain ETF expert anticipates that 2025 will be the year that the first Solana ETFs will be launched in the United States.

Predictions about Solana ETFs

Nate Geraci, president of the ETF Store, recently indicated via X (formerly Twitter) that Solana ETFs are likely to be approved in 2025. This optimism is based on the expected change in the U.S. regulatory climate following Donald Trump’s election victory, known for his crypto-friendly stance, and the departure of SEC Chairman Gary Gensler, who is also being replaced by crypto-supporter Paul Atkins.

Impact of ETF Approval

The approval of a Bitcoin ETF led to a significant price increase. Experts expect a similar dynamic for Solana if a spot SOL ETF is approved, which opens the door for traditional investors and private traders to invest in SOL through exchanges, which could drive up demand and price.

On-chain data and trading sentiment

• Exchange inflow: A notable inflow of $9.50 million in SOL to exchanges has been observed in the last 24 hours according to Coinglass, which could indicate selling pressure from long-term investors. This could cause a short-term price drop.
• Traders sentiment: The Long/Short Ratio of SOL is at 1.545, indicating an optimistic sentiment among traders. Approximately 60.71% of the top traders are holding long positions, compared to 39.29% who have short positions, indicating potential for price recovery.

Conclusion

Despite short-term uncertainty and selling pressure, technical analyses and trader sentiment point to a possible turnaround for Solana. The approval of a Solana ETF in 2025 could be a catalyst for a significant price increase, depending on regulatory and market conditions.