Solana Price Targets $345 as SEC Approvals Near

Analysts are optimistic about Solana’s price outlook, predicting a potential surge to $345 if the SEC approves its spot ETF applications this week. The near-100% probability of approval from Bloomberg analysts is driven by improved regulatory clarity and leadership changes at the SEC. 99% odds for approval, based on Polymarket betting data, reflect a strong sentiment surrounding the prospect of institutional inflows following a potential SEC decision. 20% gains have been seen in SOL since its late September lows, suggesting market anticipation for this week’s event.