The potential approval of a Solana staking ETF in the US is becoming the center of attention, opening the door for significant institutional capital inflows into the ecosystem. Combined with the fact that major “treasuries” are holding tens of millions of SOL and technical signals continue to sustain an uptrend, Solana stands on the verge of a new breakout cycle, potentially surpassing the $300 mark in the mid-term. SOL ETF Expectations As October approaches, the crypto market’s spotlight shifts toward Solana (SOL) and several other altcoins. Analyst Nate Geraci suggested that the US Securities and Exchange Commission (SEC) will likely approve several Solana staking ETF filings
source: https://beincrypto.com/solana-etf-hype-builds-could-institutional-inflows-push-sol-to-300/