Solana Price Slides After ETF Delays, Is SOL Still Expected To Hit $500 By EOY?

Solana price slipped after recent news that the U.S. SEC has delayed the decision on several Solana ETF filings, pushing expected approvals to later in 2025. This delay shook some investor confidence, especially among those hoping institutional flows tied to a SOL ETF would push price substantially higher.

This week’s events echo a recurring theme in crypto: regulatory timeline shifts create tension between hype and fundamentals. Meanwhile, attention is shifting towards a new DeFi project that many say is the next big crypto launch in 2025.

Solana Price: SOL ETF Delay Hits Sentiment

The SEC postponed its decision on the Franklin Templeton Solana ETF to November 14, 2025, according to recent reports.

Other applications (Bitwise, 21Shares) also face delays around October-mid deadlines. Analysts note the delays are more due to paperwork, compliance checks, and risk reviews rather than outright rejection.

SOL recently traded down to $234 after touching resistance around $250. Experts say that Solana has little resistance ahead. Key supports to watch are $239 and $224.

Remittix: Rising Altcoin with Utility Focus

Remittix enters this moment as a token that promises real utility in payments and cross-border transfers. While the SOL price story shows how regulatory delays can stall expectations, Remittix is building ecosystem elements that reduce dependency on speculative catalysts.

Its wallet was revealed in beta and is set to launch in Q3, enabling users to transfer across chains and borders. The reveal adds credibility. It runs a referral bonus system: if you refer someone, you get a 15% bonus paid in USDT directly to your wallet. That creates passive incentive for community growth.

It also has confirmed CEX listings on BitMart and LBank, and is certified security via CertiK. These reduce risk and increase adoption potential.

Remittix Key Features And Highlights

• Real-World Utility: Built for actual use — not just speculation.

• Utility-first token powering real transaction volume.

• 15% Referral Rewards: Earn USDT by sharing the project.

• Security First: Audited by CertiK, one of the top blockchain security firms.

• Momentum is building ahead of wallet launch.

Why Buying RTX Now Makes Sense

Solana’s drop after the SOL ETF decision delay shows how fragile expectations can be when regulatory environments shift. Meanwhile, Remittix is delivering tools and real features now.

If you believe crypto with real utility will perform better in the long term, buying Remittix now could be a smart move. Plus, there's a $250,000 giveaway active, which adds further incentive. When SOL faces delays and uncertainty, projects like Remittix offer a clearer path forward.

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io

Socials: https://linktr.ee/remittix

$250, 000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

Disclaimer: Cryptocurrency investments are risky and highly volatile. This is not financial advice; always do your research. Our editors are not involved, and we do not take responsibility for any losses.