Polymarket indicates an 85% possibility for the SEC to approve a Solana ETF by 2025, escalating from a mere 3% forecasted in September 2024. Predictions are optimistic, suggesting approval may occur by August.

The application deadline of January 23, 2025, crucial for Grayscale’s Solana ETF, coincides with leadership changes at the SEC. This includes Gary Gensler’s resignation, which could influence the process.