
Solana ETF Approval Odds Climb to 60-75% for 2026
Prediction markets and crypto research firms now place the odds of a US spot Solana ETF approval at roughly 60 to 75 percent for 2026, a sharp jump from below 20 percent in 2024.

Crypto Markets Writer
Tony Rabbit is a crypto markets writer at DEXTools News covering decentralized finance, on-chain trends, and trading narratives. He turns DEXTools live on-chain data into clear, actionable explanations for everyday readers, with a focus on new token launches, memecoins, liquidity, token safety, and how DEX market structure actually behaves. His reporting leans on primary sources and verifiable on-chain evidence over hype.
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Prediction markets and crypto research firms now place the odds of a US spot Solana ETF approval at roughly 60 to 75 percent for 2026, a sharp jump from below 20 percent in 2024.

A sharp June 2 selloff pushed investors out of crypto and toward higher-performing sectors such as AI, as the total market cap fell about 4.5 percent and sentiment slid into Extreme Fear.

Strategy Inc (NASDAQ: MSTR) fell 5.85% to close at $149.78 on Monday after an SEC filing revealed the company sold 32 Bitcoin to fund dividend payments, breaking its long-standing buy and never sell stance.

More than 90 crypto ETF applications are pending with the US SEC as of June 2, 2026, with Solana and XRP leading a crowded queue that analysts expect to drive a possible wave of altcoin ETF decisions during the year.

The total crypto market cap dropped about 4.5% in 24 hours, erasing roughly $110 billion as Bitcoin slipped below $70,000 and Ethereum fell under $2,000 on June 2, 2026.

Ethereum breached its key $2,000 support zone on June 2, 2026, hitting an intraday low near $1,963 as Bitcoin slipped under $70,000 and the broad crypto market fell about 4.5 percent.

Bitcoin dropped under $70,000 for the first time in nearly two months on June 2, 2026, sliding to an intraday low near $66,948 and settling around $67,287 in a single session down about 5.65%.

The Crypto Fear and Greed Index slid into Extreme Fear on June 2, 2026, with readings near 23 to 29 as Bitcoin fell below $70,000 and Ethereum dropped under $2,000.

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