Crypto Twitter is buzzing again, and this time it's all about Solana. A recent tweet from MartyParty, a well-known crypto commentator, dropped a bombshell: based on 61 after-market updates to the SEC on Friday, September 26, 2025, he believes the Solana ETFs have been approved. If you're scratching your head wondering what this means for your portfolio—especially if you're into meme tokens—let's break it down step by step.

First off, what's an ETF? Short for Exchange-Traded Fund, it's basically a basket of assets that trades on stock exchanges like a regular stock. In crypto, spot ETFs for Bitcoin and Ethereum have already opened the floodgates for institutional money, pumping billions into the market. Now, Solana—a high-speed blockchain famous for its low fees and thriving meme token scene—might be next in line.

MartyParty's tweet points to "61 AP updates," which likely refers to Amended Prospectuses filed with the SEC. These are revisions to ETF applications, often a sign that regulators are giving feedback and issuers are tweaking their proposals to meet requirements. We've seen this playbook before with Bitcoin ETFs, where a flurry of amendments preceded approvals. According to recent reports, asset managers like VanEck and Canary Capital have been updating their Solana ETF filings, including features like staking rewards Canary Capital Updates SEC Filing. The SEC has even streamlined rules for new crypto ETFs, paving the way for products tied to Solana and others SEC Paves Way for Crypto Spot ETFs.

But has it actually been approved? While MartyParty's take is optimistic, the reality might be a bit more nuanced. The SEC recently greenlit the Hashdex Nasdaq Crypto Index ETF, a multi-asset fund that includes Solana alongside Bitcoin, Ethereum, XRP, and more SEC Approves Hashdex Nasdaq Crypto ETF. This isn't a pure Solana spot ETF, but it's a huge step—showing regulators are warming up to altcoins. Deadlines for dedicated Solana ETFs are looming, with decisions expected as early as October 10 for some filings SOL Dips To $192 Ahead of Key ETF Ruling.

Why This Matters for Meme Tokens

Solana has become the go-to chain for meme tokens, thanks to its speed and cheap transactions. Think projects like Bonk, Dogwifhat, or Popcat—these fun, community-driven coins thrive on hype and viral moments. An ETF approval could be rocket fuel for the entire ecosystem.

Here's how:

• Institutional Inflows: ETFs make it easy for big players like hedge funds and pensions to buy Solana without dealing with wallets or exchanges. More demand for SOL means higher prices, which often trickles down to meme tokens built on the network.

• Increased Liquidity: With more money flowing in, trading volumes spike. This reduces volatility (a bit) and attracts more developers and users to Solana, boosting meme token launches and adoption.

• Mainstream Attention: Remember how Bitcoin ETFs dominated headlines? The same could happen here, drawing in retail investors who then discover the wild world of Solana memes. We've already seen Solana's price dip to around $192 amid the wait, but analysts predict new highs if approvals come through.

Other X users are echoing the excitement. For instance, Solana Sensei shared that the Hashdex approval under new SEC standards signals "trillions" coming to Solana, complete with a visual breakdown of the news. Meanwhile, updates from VanEck show they're pushing for staking in their ETF, which could yield returns for holders while securing the network.

Potential Risks and What to Watch

Of course, nothing's guaranteed in crypto. The SEC could still drag its feet or reject filings, especially with ongoing debates about staking and whether SOL is a security. Keep an eye on upcoming deadlines: October 10 for Canary Capital and October 16 for others. If approvals hit, expect a price surge—but also prepare for volatility.

For meme token enthusiasts, this could mean more tools like Pump.fun getting even busier, with new projects popping up daily. If you're building or investing in the Solana space, now's the time to stay informed.

What do you think—will Solana ETFs ignite the next bull run for memes? Check out the original tweet here and join the conversation. As always, this isn't financial advice—do your own research!