Why Oct 16 Matters for Solana ETF Approval Date? SEC New Twist

Will New SEC Solana ETF Approval Date Push SOL Price Surge Up To $300?

Traders and crypto fans are buzzing because the $SOL ETF update regarding “Big Week” has been surrounding the crypto market today. But what does it really mean?

Top experts believe the Solana ETF Approval date could finally be announced this Thursday, October 16, 2025. This is exciting because if the SEC gives the green light, then the asset’s price would be the one to watch closely. 

In this article, we break down what price is increasing today, why Oct 16 is so important, and what could happen next.

Solana ETF Approval Date Deadline Eye October 16: Confirmed or Possibility

Token's official X account posted just two words: “Big Week”. This got everyone talking. Famous crypto analyst Ted Pillows reposted the tweet, and said the $SOL listed funds decision might come this Thursday, October 16, 2025.

This announcement has turned to be positive news for the asset as the token’s price surged around 8% in the past 24 hours, and that’s huge after falling continuously. 

But here’s the twist: even though the asset hasn’t officially confirmed a date. That’s why this week is so important and traders are watching closely. The upcoming Solana ETF Approval date deadline could make the asset move sharply.

What Happened to Price from Oct 10–13 After Solana ETF Delayed

October 10 was the official Solana ETF approval date for the SEC to decide, but due to the US government shutdown event, the final $SOL ETF SEC decision got delayed. 

The asset was around $210–215 before the delay of Grayscale, Fidelity, VanEck and many more exchange traded funds, but the market panicked because of many reasons.

• Price fell below $160 because of the decision delay, Trump China tariff news, US shutdown, and $19B market liquidations.

• After the crash, it found a base between $175–185, showing big buyers were stepping in.

Why Solana is Going Up? October 11–13 — Price Recovery

Eventually price surged and formed a bull flag pattern, which often means the price can go higher:

• Price (Oct 13): $195.65 (+7.93% in 24h)

• Volume: $11.57B (+18.92%)

• According to the TradingView chart indicators:

• RSI went from 32 → 50–54, showing strength is returning

• MACD slightly bullish

• Support: $180–185 and Resistance: $210–215

• Crypto Market surged around 3%, after constant crash

These technical reasons explain why the price surged amid high volatility.

Why October 16 Is Important For $SOL Listed Funds Approval

Analysts think the $SOL SEC decision might take place on Oct 16, because:

• As per my analysis, being a crypto expert and watching many sec delays, the commissions team usually act in the next business window after continuous delays.

• Experts and crypto watchers expect Oct 16 as the key new date

• Whales are accumulating the asset, showing they are confident about the next phase of the securities exchange commission

• Some experts even think clearing exchange traded funds during the government shutdown could boost market confidence, even the market is showing momentum.

Conclusion: What To Expect From The Approval and Delay Script

In conclusion, If SEC shows green light to Solana ETF approval date, then a breakout towards $230-$250 is expected and by the year's end it can even hit $300 if the momentum builds strong. 

If no official confirmation comes soon or if it gets delayed again surpassing the potential October 16 date also then, the price may stay between $185-$200. But if the altcoin doesn't hold its support level, then a fall towards $160 is highly anticipated. 

So it's very important for traders to keep a close eye on upcoming Solana news and also on the support and resistance levels of the token