SOL Price today

The SEC has classified proof-of-work cryptoassets as commodities, which opens doors for altcoin ETFs. This key ruling is expected to lead to multiple ETF approvals by Q2 2025, particularly for assets like Solana and XRP, increasing the attractiveness of altcoins.

Despite momentum towards pro-crypto regulations, there remains dissent from within the SEC, notably from Commissioner Caroline Crenshaw, who warns about potential loopholes in recent rulings. Nevertheless, the upcoming confirmation of Paul Atkins could position the SEC to approve more altcoin ETFs.

Trezor Suite allows SOL holders to stake tokens directly from hardware wallets while maintaining full control over their assets. This integration, announced on March 19, enhances user experience in token delegation.

In collaboration with Everstake, users can choose validators to delegate their SOL tokens. This feature emphasizes user autonomy and ensures that asset management remains secure.

With a low minimum stake of 0.01 SOL, this staking service is accessible to a wide range of investors, including small holders. The update is compatible with Trezor Model T, Safe 3, and Safe 5.

The CEO of Solana expressed regret over a controversial advertisement promoting the phrase “America Is Back.” This sentiment reflects concerns regarding public perception and the impact on the cryptocurrency community.

Optimism surged in the cryptocurrency market as Bitcoin nears 86,000 USD, aided by the Federal Reserve’s hint at future rate cuts. Trump’s advocacy for immediate cuts amid economic uncertainty highlights a volatile market landscape.

On March 19, 2025, investment management firm Volatility Shares announced that it will officially launch the first two Solana ETF futures in the U.S. on March 20, 2025.

This milestone is expected to create new opportunities for investors to access SOL through the traditional stock market, attract institutional investors, and drive fresh capital inflows into the market.

SOL has surged nearly 6% in the past 24 hours following the ETF launch announcement, coupled with the overall crypto market rebound after Fed’s decision to maintain interest rates on March 19.