Solana (SOL) is once again topping headlines, as the odds of an ETF approval in 2025 have surged on Polymarket. In other news, Solana co-founder Stephen Akridge is finding himself in hot waters.
Meanwhile, Solana gives mixed signals, in terms of price action. However, analysts are confident that a reversal is bound to take place as Trump’s presidential inauguration is inching closer. Read on to learn more!
Solana ETFs Could Come Sooner Than Expected
According to Polymarket, there is now a 71% chance of Solana ETFs securing approval by July 31, 2025. At first, regulatory bodies shut down the applications of several prominent fund managers, including Grayscale and VanEck. The reasoning behind the SEC’s rejection was that Solana was operating as an unregistered security, hence, it was unreasonable to greenlight the ETF launches.
However, a comprehensive overhaul of legislative requirements is expected under Trump’s incoming presidency. This means that institutional players will face far fewer obstacles when filing for approval, making the Solana ETFs a matter of ‘when’ and not ‘if’.
Meanwhile, Stephen Akrige, co-founder of Solana, was sued by his ex-wife, Elisa Rossi, for allegedly appropriating staking rewards generated by her personal SOL holdings. According to Rossi’s lawyers, the SOL they owned as a couple was supposed to be split among them. However, although Rossi had control over the wallets, Akrige continued to benefit from substantial staking rewards without her knowledge.
Currently, Solana (SOL) is selling for $189 following a 3.1% intraday decrease, which brings its total monthly losses to over 21%. Analysts are pointing out that a triangle pattern is taking shape on Solana’s daily chart, indicating an impending reversal that could send Solana soaring above $200 very soon. However, many investors have already started looking for greener pastures and are rotating funds into undervalued, low-cap projects such as Rollblock, which could yield significantly greater returns.
Rollblock Is Taking The Market By Storm With Unique GambleFi Platform
With its revolutionary framework, Rollblock could disrupt the entire $450 billion gambling industry. Rollblock sets itself apart from the competition, through a unified GambleFi platform that leverages blockchain technology to provide a transparent, high-end casino experience, while simultaneously granting top-notch security protocols.
Over 35,000 players have joined Rollblock and are already enjoying the 7,000-game catalog. These titles range from casino classics such as blackjack and poker, to live games and AI-powered games specifically designed for the rapidly growing Rollblock community.
The star feature of the Rollblock ecosystem is its revenue-share system powered by the native RBLK token. Every week, Rollblock will use up to 30% of its revenue to buy back RBLK on the open market. Of these tokens, 40% will be redistributed to holders as staking rewards, while the remaining 60% will be removed from circulation, promoting healthy price action and sustainable growth.
With Stage 9 of the presale currently underway, RBLK is priced at just $0.044. When taking into account all that Rollblock has to offer, a 100x rally could be on the cards when the bull run is in full swing. Investors who take action now could lock in incredible returns. Don’t miss out!
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