Polymarket predicts that the probability of approval for spot Solana ETF before July 31 this year will fall to 35%.

Solana is a powerful open-source project that relies on the permissionless nature of blockchain technology to provide decentralized finance (DeFi) solutions. Although the idea and preliminary work of the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation headquartered in Geneva, Switzerland.

 

On February 8th, Polymarket predicted that the probability of the US SEC approving the spot Solana ETF application before July 31st, 2025 has dropped to 35%. This data has dropped 41% from the high point of 76% on December 8th last year.