{"id":9300,"date":"2025-06-17T14:00:21","date_gmt":"2025-06-17T14:00:21","guid":{"rendered":"https:\/\/coinsrise.net\/blog\/solana-etf-nears-approval-dont-miss-your-chance-to-buy-solaxy-the-first-sol-layer-2\/"},"modified":"2025-06-17T14:00:21","modified_gmt":"2025-06-17T14:00:21","slug":"solana-etf-nears-approval-dont-miss-your-chance-to-buy-solaxy-the-first-sol-layer-2","status":"publish","type":"post","link":"https:\/\/coinsrise.net\/blog\/solana-etf-nears-approval-dont-miss-your-chance-to-buy-solaxy-the-first-sol-layer-2\/","title":{"rendered":"Solana ETF Nears Approval \u2013 Don\u2019t Miss Your Chance to Buy Solaxy, the First $SOL Layer-2"},"content":{"rendered":"

Here\u2019s a list of the people who think a Solana ETF is incoming: everyone.<\/p>\n

And here\u2019s a list of the people who think a $SOL ETF could send Solana \u2013 and Solaxy, a much-needed Solana Layer 2 \u2013 sky-high: also everyone.<\/p>\n

That\u2019s right, Solana is gaining serious momentum.<\/p>\n

Cantor Fitzgerald’s analysts report that Solana-focused firms DeFi Development, Upexi<\/a>, and SOL Strategies will raise each raise $250M this year for various crypto-related efforts, including $SOL treasuries.<\/p>\n

Both the pending $SOL ETFs and current treasury efforts underscore SOL’s strengths: a unified, low\u2011cost, and high\u2011throughput blockchain that enables native staking yields and positions it as an attractive treasury asset.<\/p>\n

And how does this impact side projects like Solaxy, Solana’s first-ever Layer-2 chain? Let’s discuss below.<\/p>\n

Solana\u2019s TVL Climbs as ETFs Loom<\/h2>\n

Solana\u2019s Total Value Locked (TVL) now exceeds $8B<\/a>, and it maintains a vibrant developer base. Today’s treasury strategies are shifting accordingly, favoring scalable, productive blockchains alongside traditional reserve assets like Bitcoin.<\/p>\n

Simultaneously, CoinShares joined other financial heavyweights in filing for a spot Solana ETF, featuring staking components and third-party custody via Coinbase and BitGo.<\/p>\n

The filing aims to address SEC concerns about redemption and staking<\/a>. While there\u2019s no timeline on the SEC\u2019s response and potential approval, analysts anticipate potential approvals in late summer or early fall 2025.<\/p>\n

It\u2019s worth noting that CoinShares\u2019s filing was one of 8 on the same day for new $SOL ETFs.<\/p>\n

\"Eric<\/p>\n

Why the rush? In part because Solana is enjoying steadily growing adoption, despite relatively lackluster $SOL price performance.<\/p>\n

Strategy\u2019s Treasury Strategy Expands to Solana<\/h2>\n

As the drumbeat of Michael Saylor\u2019s Bitcoin strategy goes on, companies beyond (Micro)Strategy are joining the bandwagon. After all, who doesn\u2019t want their very own pile of crypto?<\/p>\n

\"Michael<\/p>\n

And in this case, companies are applying it to $SOL as well.<\/p>\n

DeFi Development Corp notified the SEC back in April that it intended to sell $1B in securities to purchase $SOL<\/a>. SOL Strategies, based in Canada, did the same in late May.<\/a><\/p>\n

What does this mean for investors? At least three possibilities:<\/p>\n

\"\u2b06\" SOL could be moving into the mainstream, attracting attention as a yield-generating asset thanks to its staking model and institutional embrace.<\/p>\n

\"\u2705\" Approval of spot $SOL ETFs would dramatically lower barriers to $SOL exposure through traditional brokerage venues.<\/p>\n

\"\ud83d\udcca\"Continued technological adoption and treasury-level interest could propel SOL further, though regulatory black swans<\/a> and market volatility remain risks.<\/p>\n

Solana stands at a pivotal junction, even as $SOL treasuries take off and Solana meme coins continue to get attention.<\/p>\n

And the core Solana technical advantages \u2013 low fees, fast transactions \u2013 will get supercharged as Solaxy wraps up a dynamite presale.<\/p>\n

Solaxy ($SOLX) \u2013 $54M Raised as Time Runs Out for Groundbreak Layer-2 Presale<\/h2>\n

$53.9M raised in its official presale \u2013 but with interest still sky-high, Solaxy ($SOLX) has opened a six-day window for investors to join the action.<\/p>\n

Solana loyalists and meme coin enthusiasts, drawn by Solaxy\u2019s potential as the first-ever Solana Layer 2, have added another $2M after the presale ended on Monday. That potential is taking shape with the Testnet Block Explorer<\/a> and Bridge<\/a> already live.<\/p>\n

The full launch schedule kicks in with the Token Claim on June 23, then builds out with a Mainnet Launch and bridge connecting Solana, Ethereum, and Solaxy.<\/p>\n

Multichain functionality is built into Solaxy from launch, with full Layer 2 deployment as the crowning achievement of a red-hot crypto presale.<\/p>\n

\"Solaxy<\/p>\n

With Solana interest peaking at just the right time, how far could Solaxy go? Our own price prediction shows the token could reach $0.032, up 1,700% from its current $0.001766.<\/p>\n

What is Solaxy? It\u2019s the future of an already dynamic blockchain, combining Solana\u2019s speed and low costs with Ethereum\u2019s rock-solid framework and incredible ability to scale. Learn how to buy Solaxy, but don\u2019t delay \u2013 this truly is the last chance to buy.<\/p>\n

Visit the Solaxy Presale Page.<\/a><\/strong><\/p>\n

Solana Climbs Adoption Ladder \u2013 Will Solaxy Price Follow?<\/h2>\n

Curiously, Solana\u2019s price seems to lag its adoption. Even as institutions flock to $SOL treasuries and ETFs, the token price lags far behind $BTC\u2019s impressive performance.<\/p>\n

Will Solaxy\u2019s Layer 2 send both $SOLX and $SOL surging?<\/p>\n

Do your own research. This isn\u2019t financial advice \u2013 crypto markets are always volatile.<\/p>\n","protected":false},"excerpt":{"rendered":"

Here\u2019s a list of the people who think a Solana ETF is incoming: everyone. And here\u2019s a list of the people who think a $SOL ETF could send Solana \u2013 and Solaxy, a much-needed Solana Layer 2 \u2013 sky-high: also everyone. That\u2019s right, Solana is gaining serious momentum. Cantor Fitzgerald’s analysts report that Solana-focused firms…<\/p>\n","protected":false},"author":1,"featured_media":9301,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[17],"class_list":["post-9300","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency-market-news","tag-cryptocurrency-market-news"],"_links":{"self":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/9300","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/comments?post=9300"}],"version-history":[{"count":0,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/9300\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media\/9301"}],"wp:attachment":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media?parent=9300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/categories?post=9300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/tags?post=9300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}