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Solana News Update: Franklin's Solana ETF—Will It Surge Past $142 or Fall Short?

Solana News Update: Franklin's Solana ETF—Will It Surge Past $142 or Fall Short?

Bitget-RWA2025/11/26 12:56
By:Bitget-RWA

- Franklin Templeton files Form 8-A for Solana ETF, nearing NYSE Arca listing after regulatory clearance. - The 0.19% fee ETF offers physical SOL exposure, joining Bitcoin/Ethereum crypto products to meet rising institutional altcoin demand. - Market analysis highlights $142 price resistance for SOL, with ETF inflows potentially driving a $150 breakout or triggering a pullback below $118. - 2025 regulatory shifts enabled rapid commodity-based crypto ETF approvals, spurring innovation like staking-enabled f

Franklin Templeton's

ETF is nearing its market introduction after the company filed Form 8-A with the U.S. Securities and Exchange Commission (SEC), a standard procedure that typically comes right before a listing on an exchange. The submission, dated Nov. 25, represents the last regulatory step for the Franklin Solana Trust ahead of its anticipated trading debut on NYSE Arca. This ETF will offer investors direct access to Solana (SOL) by holding the actual tokens and will follow the CF Benchmarks Solana Index, mirroring the company’s current digital asset products for , , and . With this step, Franklin Templeton becomes part of a growing group of asset managers responding to increasing institutional interest in altcoin ETFs.

The timing of this launch is notable. U.S. Solana ETFs, which started appearing in late October 2025, have already drawn more than $560 million in total inflows, with the newest funds—including Franklin’s XRP ETF—

. The wider market has experienced a boost in both liquidity and institutional involvement, fueled by clearer regulations for commodity-based crypto ETFs and the attractiveness of regulated altcoin exposure. Franklin’s Solana ETF, and waiving sponsor fees on the first $5 billion in assets until May 2026, is set to further drive this momentum.

Current market trends indicate that the ETF’s introduction could impact Solana’s price movement. At the time of writing,

is trading close to $137, just under a significant resistance zone near $142. Blockchain data shows that about 13 million SOL tokens are situated within this price range, that has previously limited price increases. Experts point out that continued ETF-driven buying could challenge this resistance, and a breakout might push the price toward $150. On the other hand, if $142 is not surpassed, the price could drop back to $118 or below, highlighting the ETF’s potential to increase volatility.

Solana News Update: Franklin's Solana ETF—Will It Surge Past $142 or Fall Short? image 0

The regulatory landscape for crypto ETFs has evolved quickly in 2025. The SEC’s endorsement of standard listing rules for commodity-based ETFs has sped up the approval timeline, allowing companies like 21Shares to

such as CBOE. This favorable regulatory climate has led to a surge in new products, including ETFs with staking features and diversified crypto funds. Franklin’s multi-asset crypto ETF, which combines Bitcoin, Ethereum, Solana, XRP, and Cronos, toward expanding blockchain investment options.

Looking forward, the outcome of Franklin’s Solana ETF could pave the way for developments in 2026, a year expected to bring further growth in the altcoin ETF sector. Market watchers are also monitoring technical signals, such as the 50-day and 200-day moving averages, which currently indicate a mixed trend. While the Relative Strength Index (RSI) stands at a neutral 41.36, analysts

if Solana’s price remains above $150.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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