Solana ETF動量建立：Sol會加入機構黨嗎？

隨著Tradfi巨頭排隊，Solana ETF可以解鎖SOL的大量資本流入。這是Sol機構時代的開始嗎？

The buzz around a Solana ETF is reaching fever pitch, with major players in traditional finance (TradFi) signaling serious interest. Could this be the catalyst that propels SOL into the big leagues alongside Bitcoin and Ethereum?

Solana ETF周圍的嗡嗡聲正達到發燒，傳統金融（Tradfi）的主要參與者表明了濃厚的興趣。這可以是將SOL與比特幣和以太坊一起推進大聯盟的催化劑嗎？

Institutional Interest Heats Up

機構興趣加劇

A flurry of amended S-1 filings with the SEC from firms like Franklin Templeton, Fidelity, Grayscale, Bitwise, VanEck, Canary Capital, and CoinShares indicates that a Solana ETF is more than just a pipe dream. Crypto analyst Wise Advice noted that these amended filings, unlike simple shelf filings, suggest active discussions with regulators, highlighting growing institutional optimism.

來自富蘭克林·鄧普頓（Franklin Templeton），富達（Fildelity），格雷斯（Fidelity），灰度，比特（Bitwise），瓦內克（Vaneck），金絲雀資本（Canary Capital）和Coinshares等公司的SEC進行了一系列修改後的S-1文件，表明Solana ETF不僅僅是一個夢dream以求的夢想。加密分析師明智的建議指出，與簡單的貨架文件不同，這些修訂後的文件暗示了與監管機構的積極討論，強調了製度上的樂觀情緒。

Grayscale's filing is particularly interesting, outlining a 2.5% fee paid in SOL. CoinShares has also proposed a Solana Staking ETF in Delaware, showcasing increased interest in SOL's staking economy. This isn't just speculation; it's institutional action to gain regulated access to Solana.

Grayscale的文件特別有趣，概述了SOL支付的2.5％費用。 Coinshares還提出了在特拉華州的Solana Staking ETF，這表明對Sol的經濟含量增加了興趣。這不僅僅是猜測；這是機構採取的行動，以獲取受監管的訪問Solana。

What a Solana ETF Could Mean for SOL

Solana ETF對SOL可能意味著什麼

A Solana ETF could unlock substantial capital inflows, boosting market liquidity and solidifying SOL's position as a key player in institutional portfolios. As traditional finance gains interest, it could also lead to increased volatility in the market. While a Grayscale Solana ETF Filing saw SOL face a dip of 4.84% in the past day, the coin is currently trading at $171.39 with $92B market capital. If approved, SOL might be included into diverse crypto Exchange Trade Funds which could impact the price.

Solana ETF可以釋放大量資本流入，提高市場流動性，並鞏固SOL作為機構投資組合中的關鍵參與者的地位。隨著傳統金融的興趣，它也可能導致市場上的波動增加。雖然灰度的索拉納ETF申請在過去一天的下降效果為4.84％，但硬幣目前的交易價格為171.39美元，市值為92B美元。如果獲得批准，可能會將SOL納入可能影響價格的各種加密貨幣貿易基金中。

Technical Outlook: Bullish Signs Amidst Consolidation

技術前景：在整合中的看漲標誌

Despite the overall market experiencing a bearish phase, Solana's technical indicators offer a mixed bag. While SOL is trading above its 20 and 50 EMAs, confirming a medium-term bullish setup, the RSI is neutral. The MACD, however, shows a bearish crossover, indicating a potential loss of momentum in the short term. Nonetheless, the long-term structure looks healthy, with higher lows suggesting a potential breakout.

儘管總體市場經歷了看跌階段，但Solana的技術指標提供了混合的袋子。當Sol的交易高於其20和50 EMA，確認了中期看漲設置，但RSI是中性的。但是，MACD顯示出看跌的交叉，表明短期內動量喪失。但是，長期結構看起來很健康，高低表明潛在的突破。

Analysts identify the $145–$150 range as solid support. A break above the $180 resistance could pave the way for a move towards $250–$300 in Q4 2025, with aggressively bullish momentum potentially pushing it as high as $350+.

分析師將$ 145- $ 150的範圍確定為可靠的支持。超過$ 180的電阻的突破可能為第四季度2025年$ 250- $ 300的轉變鋪平了道路，其積極看漲的勢頭可能會將其推高至350美元以上。

Derivatives Data: Accumulation is Underway

衍生品數據：積累正在進行

Derivatives data suggests a shift from leveraged speculation to spot accumulation. While volume has surged, open interest has decreased. A positive funding rate indicates bullish sentiment within derivatives markets, but without overcrowded longs, which is typical before major breakout movements.

衍生品數據表明，從槓桿猜測轉變為現場積累。雖然數量激增，但開放興趣減少了。積極的資金率表明衍生品市場中的看漲情緒，但沒有人滿為患的渴望，這是典型的重大突破運動。

VanEck Joins the Fray with Competitive Fees

Vaneck以競爭性費用加入了競爭

The competition for a Solana ETF is intensifying, with VanEck launching the VanEck Sol Trust (VSOL) with a lower 1.5% annual sponsor fee compared to Grayscale's 2.5%. VanEck's fund also stands out by including staking of coin from the start, with stringent criteria for staking validators.

Solana ETF的競爭正在加劇，Vaneck啟動了Vaneck Sol Trust（VSOL），年度贊助商費用較低，而Grayscale的2.5％。 Vaneck的基金也從一開始就包括硬幣的股份而脫穎而出，並具有嚴格的固定驗證者標準。

Regulatory Winds Shifting?

監管風轉移？

The SEC's recent actions, such as raising option limitations for Bitcoin funds and authorizing in-kind redemptions for Ethereum ETFs and spot Bitcoin, suggest a more lenient stance towards cryptocurrency investment products. Crypto industry analysts believe the SEC favors products that prioritize investor safety, custody security, and transparency.

SEC最近採取的行動，例如提高比特幣基金的期權限制，並授權對以太坊ETF和現貨比特幣的實物兌換，這表明對加密貨幣投資產品產生了更寬容的立場。加密行業分析師認為，SEC偏愛優先考慮投資者安全，監護權安全和透明度的產品。

Final Thoughts: SOL's Time to Shine?

最終想法：Sol的發光時間？

The Solana ETF momentum is undeniable. With institutional interest growing, favorable regulatory signals, and positive technical indicators, SOL could be on the verge of a major breakout. Will SOL become the next darling of Wall Street? Only time will tell, but the pieces are certainly falling into place.

Solana ETF動量是不可否認的。隨著機構興趣的增長，有利的監管信號和積極的技術指標，SOL可能處於重大突破的邊緣。索爾會成為華爾街的下一個寵兒嗎？只有時間會說明，但是這些碎片肯定已經到位。

So, buckle up, crypto enthusiasts! It looks like things are about to get interesting. Maybe it's time to add a little SOL to your portfolio, just in case. After all, who doesn't love a good underdog story with a potential happy ending (and a whole lot of profit)?

因此，搭扣，加密愛好者！看起來事情將變得有趣。也許是時候為您的投資組合添加一點溶膠了，以防萬一。畢竟，誰不喜歡一個有潛在的幸福結局（和很多利潤）的好弱者故事？