In the shadow of Wall Street’s gilded towers, a new beast stirs: Solana, that scrappy crypto upstart, now jostling for a seat at the institutional poker table. The air crackles with the scent of dollar bills and desperation.
Nate Geraci, that prophet of paper profits, whispers that Solana’s ETF could be stamped “Approved” within fortnight. Two weeks! As if the SEC were a bureaucratic bartender finally handing out the last drink at a crypto cocktail party. Staking included, no less. How dare they?
A tempest of S-1 amendments today-Franklin, Fidelity, CoinShares, Bitwise, Grayscale, VanEck, and Canary. All dancing to the same tune: “We want your SOL, baby.”
Staking? Oh yes. The SEC better prepare for a love letter wrapped in legal jargon.
– Nate Geraci (@NateGeraci) September 26, 2025
The Titans Line Up, Like Wolves at a Crypto Slaughterhouse
Franklin Templeton, Fidelity, and the rest of the financial leviathans have thrown their amended S-1s at the SEC’s doorstep, like toddlers flinging spaghetti. Two months after the Cboe BZX Exchange’s Solana staking ETF debut, which raked in $33 million in volume and $12 million in inflows, the sharks circle again.
Staking: The New Black (Or Is It Green?)
Hunter Horsley of Bitwise, that maestro of market mayhem, boasts $60 million poured into Europe’s Solana staking ETP. Five days! Could it be the crypto equivalent of a viral TikTok dance?
$60,000,000 into the Europe Bitwise Solana Staking ETP this week. SOL is the new meme stock, apparently.
– Hunter Horsley (@HHorsley) September 26, 2025
Pantera Capital, that wolf in ETF sheep’s clothing, calls Solana “next in line” for institutional love. Underweight compared to Bitcoin and Ether? Pfft. In crypto, underweight means “we’re all gonna die, but first we’ll get rich.”
Staking provisions? Geraci grins like a Cheshire cat. This could be Ethereum’s golden ticket-or a trapdoor leading to SEC hell. Either way, yields will rise, and so will the stakes.
SOL Price: Dancing on a Tightrope Wearing Flammable Underwear
SOL hovers near $201, a 15% plunge in a week. The chart? A rising wedge that looks like a bear trap for the unwary. Break above $236, and it’s a rocket to $300. Drop below $180, and we’re back to the land of $124 dreams.
Solana weekly price action inside rising wedge | Source: TradingView
RSI at 54? Neutral, you say. The market is taking a breather before the next round of chaos. MACD flattening like a deflated balloon. Volume spiking? Traders are betting on the next ETF drama like it’s the final season of a Netflix show.
If Geraci’s mid-October prediction hits, SOL might just become the next crypto supernova-or a spectacularly expensive fireworks show. Either way, the world holds its breath, wallets wide open. 🎢🔥
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2025-09-27 15:04