Solana Research Hub | SOL information, history and analysis

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.

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.

Recent stablecoin positioning on Solana indicates the SOL token might face extreme volatility. Notably, USDT trading surged by over 137% recently, reflecting changing market dynamics. Analysts suggest the situation could create a decisive price moment for Solana.

The anticipated FTX repayments could increase selling pressure on SOL, further complicating its price action. Additionally, a trend linking limited liquidity due to memecoins adds further uncertainty for Solana, indicating potential market fluctuations ahead.

David Sacks, the AI and Crypto Czar, faced criticism after selling over 200 million USD in digital assets. He emphasized that the sale was a mandated divestment due to government ethics rules, not a ‘dump’ as reported. Industry figures like CZ voiced their support against the negative media portrayal.

Sacks’ defense was echoed by prominent figures in the crypto space. Support from CZ and others highlighted a conflict between media narratives and the crypto ethos, emphasizing the need for accurate representation of the industry and its actions.

Solana’s price is struggling, currently at 120.76 USD after a significant decline. Investors are observing TVL at 8.57 billion USD, remaining under 10 billion USD since late February. Whale activity shows some accumulation, reflecting a cautious sentiment among larger investors, despite the modest increase in address numbers.

If SOL fails to hold the 120.76 USD support, it could decline towards 112 USD. A breakout above the 131 USD resistance could shift sentiment towards a bullish direction, potentially increasing SOL’s price towards 152.9 USD and 179.85 USD if the momentum builds.

XRP, Solana, and Dogecoin all saw price drops exceeding 4% ahead of the Fed’s policy announcement, impacting market reactions as they look for signs of potential rate cuts.

The Federal Reserve is expected to maintain its current interest rate, but investors are closely monitoring Jerome Powell’s comments for signs of future economic direction and rate adjustments.