JPMorgan analysts predict that Solana exchange-traded funds (ETFs) could attract only around $1.5 billion in inflows within their first year, a considerably lower projection than the anticipated inflows for Ethereum ETFs. This prediction highlights Solana’s ongoing challenges attracting institutional investment compared to Ethereum. The modest forecast suggests a limited impact of potential Solana ETF approval on the cryptocurrency’s overall market presence. Analysts cite Solana’s weak on-chain activity and competition from established protocols like Ethereum as key factors behind this low projection. While JPMorgan anticipates substantial price increases for Solana following its potential ETF approval, the firm acknowledges that these gains might be short-lived due to inherent challenges in attracting institutional investors. The Solana Foundation has yet to comment on the prediction but actively engages with its community through social media. This potential shift in market activity could lead to increased visibility for Solana within traditional financial markets. However, analysts warn that substantial network usage is crucial to bolster investor confidence and increase adoption among institutional investors. The analysis comes after similar ETF approvals for Bitcoin and Ethereum set precedents, highlighting Solana’s need to address its weak infrastructure and compete effectively in the rapidly evolving cryptocurrency market.