TLDR:
- SEC shoots Solana ETF Refillments and suggests faster approvals than expected.
- Soana sees a record 14.63 m active addresses on one day per santiment data.
- Rex-Osprey Sol ETF debuts according to the 1940 Investment Company Act.
- The sun price remains stable despite the growing use, which indicates the hausse divergence.
US Securities and Exchange Commission has prompted Spot Solana (Sun) ETF Issuers to refill applications at the end of July. This follows the latest debut of Rex-Osprey Sol + Staking ETF ($ SSK), which now acts according to the Investment Company Act from 1940.
Analysts interpret this as a sign that SEC can approve Solana-based ETFs before expected. The timeline on October 10 for approval can be moved up, which reflects a potential policy shift against faster turnaround.
At the same time, Solana’s network has seen a historical peak in activity and signals possible changes in the market entry.
SEC signals Speed in the solea ETF -Time Line
Several ETF seekers have reportedly received instructions from Sec to change and submit their applications before the schedule. This movement, generally over cryptocets, has raised expectations for a rapid approval process.
🚨Sec drives issuers to change and regain applications for location $ Sun ETFs at the end of July and signal faster approvals than expected.
This follows the latest launch of Rex-Osprey Sol + Staking ETF ($ SSK), which started shopping last week according to the investment company about … https://t.co/bpzpl5cxhx pic.twitter.com/d3durberat– Solana Daily (@Solana_daily) July 7, 2025
The latest Rex-Osprey further launches that the Commission is open to alternative structures for solar-based funds.
While SEC has not confirmed these timelines publicly, the directive suggests urgent in processing Sun ETF applications. Marketing guards now expect one or more solar ETFs to be green -light long before the originally projected October deadline.
Solana’s activity on the chain has risen to new items, driven by a nail in user engagement. Analysts Ali-diagram shared Santiment data showing over 14.63 million active addresses in a 24-hour window. This sharp increase began around July 5 and reached a peak by July 7.
Previous network activity had varied between 2 million and 10 million daily addresses. The sudden hope signals a wave of interaction that is probably linked to DAPP use or batch platforms.
Activity at Solana $ Sun The network has increased, by over 14.63 million active addresses over the past 24 hours, data from @santimentfeed. pic.twitter.com/wpzvahdayv
– ali (@ali_charts) July 8, 2025
Such an uptick, paired with stable pricing, can point to a brewing change in market behavior.
Solana growth at the chain meets Sol Price Consolidation
In spite of the increase in activity, Solana’s price has remained stable to approximately $ 149.60 per coytecko data.
In the past week, the token has moved between $ 145.83 and $ 155.81, at daily intervals. This reflects a consolidation phase even when the levels of commitment accelerate.
The disconnect between price and user activity can suggest a haussey divergence. Handels often see such patterns as early signs of strong market needs. If this rate continues, it can support further growth and trigger renewed investors’ interest rates.
The convergence of regulatory development and record high use can mark an important moment for Solana. With ETF approvals that appear closer and chain measurements that break new soil, the ecosystem shows signs of deeper traction.
Whether it is through retail use, institutional entry, or ETF-driven exposureSun seems to be positioned for more market relevance in the coming months.
