Part 6/9:
For Solana to cement its status as a long-term hold and not just a fleeting asset, it urgently needs to achieve institutional adoption and demonstrate resilience across market cycles. As evidence of institutional recognition grows, recent developments like the launch of Solana futures on the CME and the successful navigation of regulatory hurdles signal positive momentum. Furthermore, with the SEC dropping its lawsuit against Solana, a clearer path for future ETF launches emerges.
The first spot Solana ETF has already been launched in Canada, sparking speculation surrounding additional filings in the U.S., particularly given Fidelity’s intentions. As giants like BlackRock contemplate their involvement, the need for further clarity about Solana's merits remains evident.