Solana Price Surge: Will ETF Optimism Push SOL to $233?

Solana’s price has experienced a surge in recent days, with the token trading above $209 and gaining 3.48% within the past 24 hours. This impressive rise coincides with growing optimism surrounding potential U.S. approval of spot Solana ETFs, as issuers like VanEck and Franklin Templeton have updated their filings to incorporate staking features. Analysts now predict a 95% chance of ETF approval by October 2025, which could unlock significant institutional investment.