- The Solana ETF was gaining momentum after the Trump-led memecoin mania shattered records.
- ETFs have been a game changer for BTC and ETH: Could SOL be next?
There is no doubt: Solana(SOL) dominates the memecoin ecosystem, with 50% of the top ten memecoins built on its blockchain.
The recent “Trump bomb” shows how powerful she has become. With 2025 off to a strong start, could this be the year we finally see a Solana ETF?
Better late than never
In an unexpected twist, Solana jumped 19% in a single day – the biggest rise in its history. And it was no coincidence. Just a day before President-elect Trump was sworn in, his team made its official move into crypto. And the market reaction? Not surprising at all.
In just 36 hours, Official Trump (TRUMP), a new memecoin, soared 28,000%, claiming the top spot on Solana with a market cap of $12 billion. But the frenzy didn’t stop there.
First Lady Melania Trump joined the action less than 48 hours later, launching her memecoin (MELANIA).
It soared more than 24,000% to $12.63 at press time, securing a market cap of $5.2 billion and 4th place in Solana’s rankings.
Source: CoinGecko
These pieces have more in common than just memes. Their launch marks the Trump administration’s first real step from words to action in the crypto world.
The most important takeaway? Both chose Solana as their debut platform.
The impact on Solana’s price was immediate. It hit a new all-time high of $295.83, with 24-hour DEX volume reaching a record $23.7 billion. The total market capitalization of all Solana-based memecoins jumped 30%, reaching $30.8 billion at press time.
No surprise, the debate around a Solana ETF is in full swing again. With Bitcoin and Ethereum ETFs already changing the game, could Solana be next?
ETF Solana: A reality soon available?
Why Solana? Its technology is advanced. With 4,392 TPS (Transactions Per Second) compared to Ethereum’s 12-15, Solana’s speed is crucial. For memecoins, where volatility reigns, timing is everything.
Source: Solana Explorer
Yet despite the huge boost from the TRUMP and MELANIA coin launches, which pushed its market cap to $140 billion, Solana still falls short of Ethereum’s lowest market cap of $180 billion. dollars, from two years ago.
In fact, it’s a far cry from Ethereum’s current $407 billion.
Read Solana (SOL) Price Prediction 2025-26
So what’s the problem? ETFs play an important role in this story. Just look at Bitcoin: $1.3 billion – its largest inflow ever – was recorded just one day after last year’s election. Ethereum also saw millions of dollars flow in, as retail investors capitalized on the “Trump pump.”
Solana was no laggard, rising 11.99%, almost matching Ethereum’s 12.37%. But imagine if Solana had its own ETF. Institutional capital could have flowed in, giving it even greater momentum.
However, it is not too late. The recent TRUMP bombshell directly calls into question the SEC’s position on Solana ETFs, and the market reaction speaks volumes. With Trump returning to the White House, a Solana ETF seems more likely than ever, making Solana the coin to watch closely in 2025.
