Can Solana outperform Ether if ETFs get approved

With the potential approval of Solana (SOL) ETFs, analysts ponder whether it can outperform Ether (ETH). While ETH ETFs have been trading since July 2024, bringing mainstream access for investors, Solana's market infrastructure is developing rapidly. The CME launched SOL futures in March 2025, with associated options pending approval. This comes after the SEC's new guidelines allowing faster listings for spot-commodity ETPs, potentially beyond Bitcoin and Ether. A SOL ETF could lead to stronger inflows and improved market dynamics, accessing broader brokerage channels and supporting liquidity through derivatives. Solana's impressive metrics, including $271 million in Q2 network revenue and significant P2P stablecoin transactions, highlight its growth, though ETH still dominates stablecoin movements. The future for SOL hinges on sustained demand post-ETF approval, liquidity dynamics, and onchain metrics like active users and fee revenue. Overall, while SOL has the potential to challenge ETH, it will require continued growth and stability in its ecosystem.

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