- The U.S. Securities and Exchange Commission (SEC) expressed concerns about the structure and transparency of Solana and Ethereum staking ETF filings.
- Despite strict regulatory oversight, Solana continues to show strength through on-chain activities and growing social metrics.
The planned launch of staking ETFs for Ethereum (ETH) and Solana (SOL) in June 2025 is facing obstacles.
Specifically, REX Shares and Osprey Funds recently submitted filings to the SEC to issue staking-based ETFs on these two blockchains.
However, the initial response from the agency indicates some pending issues.
The SEC is particularly concerned about product structure and transparency, especially regarding the distribution and income from staking rewards - in line with the agency's increasingly strict oversight of staking mechanisms.
Staking Interest Continues to Rise Amid SEC Tightening
Despite the regulator's unclear stance, Solana's on-chain activities show a positive trend.
Most recently, a large staking transaction from a whale occurred. An amount of 4 million SOL - equivalent to nearly $621 million - was staked to a validator with ID HZKopZY.
This validator operates the latest version of the Firedancer client (v0.503.20214) developed by Jump Crypto and has risen to #16 in the validator rankings according to a reputable analyst on Twitter.
This action shows that institutional investors are not affected by ETF uncertainty. Instead, SOL investors and traders are increasing their confidence in the long-term potential of the Solana network.
Strong Growth in Social Networks Reflects Increasing Interest
Solana is not only growing on-chain.
The cryptocurrency has recorded a significant surge in social media mentions, reaching its highest level in 30 days with over 37,000 mentions increasing in 24 hours.
This growth indicates that a positive sentiment is gradually gaining ground in the community, despite policy pressures.
Social metrics are considered reliable predictors of investor sentiment in the cryptocurrency field.
The combination of concentrated staking and social network heat could create a floor price, if not a short to medium-term price stimulus for SOL.
Cautiously Optimistic Perspective for SOL
Despite the SEC's somewhat negative view of ETF prospects, the Solana ecosystem remains robust.
Validators continue updating. Whales continue staking. And the community is more vibrant than ever.
While the legal path for ETFs remains uncertain, Solana's fundamental on-chain factors maintain a positive trend.
Although the regulatory roadmap is not yet clear, the network activity story is developing much more favorably.Ethereum Solana Investors Remain Steadfast in Staking Despite SEC Silence
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Ethereum and Solana Investors Remain Steadfast in Staking Despite SEC Silence
- The U.S. Securities and Exchange Commission (SEC) expressed concerns about the structure and transparency of Solana and Ethereum staking ETF filings.
- Despite strict regulatory oversight, Solana continues to show strength through on-chain activities and growing social metrics.
The planned launch of staking ETFs for Ethereum (ETH) and Solana (SOL) in June 2025 is facing obstacles.
Specifically, REX Shares and Osprey Funds recently submitted filings to the SEC to issue staking-based ETFs on these two blockchains.
However, the initial response from the agency indicates some pending issues.
The SEC is particularly concerned about product structure and transparency, especially regarding the distribution and income from staking rewards - in line with the agency's increasingly strict oversight of staking mechanisms.
Staking Interest Continues to Rise Amid SEC Tightening
Despite the regulator's unclear stance, Solana's on-chain activities show a positive trend.
Most recently, a large staking transaction from a whale occurred. An amount of 4 million SOL - equivalent to nearly $621 million - was staked to a validator with ID HZKopZY.
This validator operates the latest version of the Firedancer client (v0.503.20214) developed by Jump Crypto and has risen to #16 in the validator rankings according to a reputable analyst on Twitter.
This action shows that institutional investors are not affected by ETF uncertainty. Instead, SOL investors and traders are increasing their confidence in the long-term potential of the Solana network.
Strong Growth in Social Networks Reflects Increasing Interest
Solana is not only growing on-chain.
The cryptocurrency has recorded a significant surge in social media mentions, reaching its highest level in 30 days with over 37,000 mentions increasing in 24 hours.
This growth indicates that a positive sentiment is gradually gaining ground in the community, despite policy pressures.
Social metrics are considered reliable predictors of investor sentiment in the cryptocurrency field.
The combination of concentrated staking and social network heat could create a floor price, if not a short to medium-term price stimulus for SOL.
Cautiously Optimistic Perspective for SOL
Despite the SEC's somewhat negative view of ETF prospects, the Solana ecosystem remains robust.
Validators continue updating. Whales continue staking. And the community is more vibrant than ever.
While the legal path for ETFs remains uncertain, Solana's fundamental on-chain factors maintain a positive trend.
Although the regulatory roadmap is not yet clear, the network activity story is developing much more favorably.
- The U.S. Securities and Exchange Commission (SEC) expressed concerns about the structure and transparency of Solana and Ethereum staking ETF filings.
- Despite strict regulatory oversight, Solana continues to show strength through on-chain activities and growing social metrics.
The planned launch of staking ETFs for Ethereum (ETH) and Solana (SOL) in June 2025 is facing obstacles.
Specifically, REX Shares and Osprey Funds recently submitted filings to the SEC to issue staking-based ETFs on these two blockchains.
However, the initial response from the agency indicates some pending issues.
The SEC is particularly concerned about product structure and transparency, especially regarding the distribution and income from staking rewards - in line with the agency's increasingly strict oversight of staking mechanisms.
Staking Interest Continues to Rise Amid SEC Tightening
Despite the regulator's unclear stance, Solana's on-chain activities show a positive trend.
Most recently, a large staking transaction from a whale occurred. An amount of 4 million SOL - equivalent to nearly $621 million - was staked to a validator with ID HZKopZY.
This validator operates the latest version of the Firedancer client (v0.503.20214) developed by Jump Crypto and has risen to #16 in the validator rankings according to a reputable analyst on Twitter.
This action shows that institutional investors are not affected by ETF uncertainty. Instead, SOL investors and traders are increasing their confidence in the long-term potential of the Solana network.
Strong Growth in Social Networks Reflects Increasing Interest
Solana is not only growing on-chain.
The cryptocurrency has recorded a significant surge in social media mentions, reaching its highest level in 30 days with over 37,000 mentions increasing in 24 hours.
This growth indicates that a positive sentiment is gradually gaining ground in the community, despite policy pressures.
Social metrics are considered reliable predictors of investor sentiment in the cryptocurrency field.
The combination of concentrated staking and social network heat could create a floor price, if not a short to medium-term price stimulus for SOL.
Cautiously Optimistic Perspective for SOL
Despite the SEC's somewhat negative view of ETF prospects, the Solana ecosystem remains robust.
Validators continue updating. Whales continue staking. And the community is more vibrant than ever.
While the legal path for ETFs remains uncertain, Solana's fundamental on-chain factors maintain a positive trend.
Although the regulatory roadmap is not yet clear, the network activity story is developing much more favorably.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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