Solana (SOL) Price Dips 3% After SEC Extends Review Period on Grayscale’s Solana ETF

• SEC delays Grayscale Solana ETF decision, highlighting rising regulatory tensions.
• Solana holds key support at $183.94 despite ETF-driven volatility and retracement.
• MACD hints at weakness, but rising RSI suggests underlying buying strength persists.

The U.S. Securities and Exchange Commission (SEC) has extended its review period on Grayscale’s proposed Solana Trust ETF, setting a new decision deadline of October 10, 2025. The fund, which would be listed on NYSE Arca, has seen significant interest as demand for spot crypto ETFs continues to surge. 

This delay, while procedural, draws attention to the growing debate around regulatory clarity in the digital asset space. The Commission’s choice to delay reflects the increasing scrutiny applied to crypto-related investment vehicles and underscores the rising tension between innovation and oversight in financial markets.

SOL price reacts to the ETF uncertainty

Solana (SOL), the native token under Grayscale’s proposal, has seen notic…

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