SOL Price today

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.

There is rising speculation that BlackRock may file for both XRP and Solana ETFs following Franklin Templeton’s recent submission of an XRP ETF. This rumor gained momentum after the Ripple CEO revealed that the SEC dropped its lawsuit against Ripple.

Despite the buzz surrounding BlackRock’s potential move into the ETF space, no official confirmations or filings have come from the company. Other firms, like Grayscale, are also exploring options in crypto ETFs, but excitement remains largely speculative.

The recent price of Bitcoin fell significantly due to factors like the FOMC meeting. Market analysts express caution regarding upcoming economic policy changes, emphasizing their correlation with BTC’s performance.

In the altcoin sector, Solana dropped initially but stabilized with only a 2% loss. Ethereum was the only cryptocurrency to record a gain of 0.27%, while XRP suffered a slight decline.