by: xpoolPosted on:

SEC Delays Decision on VanEck Solana ETF, Uncertainty Persists in Cryptocurrency Market

The Securities and Exchange Commission (SEC) has once again postponed its decision regarding the VanEck Spot Solana ETF, adding to the existing regulatory uncertainty in the cryptocurrency market. This delay, announced May 20, 2025, comes after the SEC extended the review period for public feedback, as highlighted by CoinMarketCap data, which reveals that Solana’s current value sits at $167.88 with a market cap of $87.29 billion and a market dominance of 2.61%. Despite this delay, the on-chain data for Solana remains relatively stable, highlighting that the regulatory challenges are not significantly impacting its technical operations.

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