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Solana Surges on ‘Overwhelmingly High’ Odds of SOL ETF by End of 2025

  • Solana (SOL) surges nearly 13% in the past 24 hours on the back of ETF optimism and strong on-chain metrics.
  • VanEck claims a Solana ETF may be launched by the end of 2025, citing the likely departure of SEC Chair Gary Gensler as a potential catalyst.
  • DEXs on Solana recorded nearly 1/3rd of all transaction volume in November, surpassing Ethereum's market share of around 17.5%.
  • Speculation on a potential Solana ETF and its increasing market share in decentralized exchange volume contribute to the surge in SOL price.

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