Best Altcoins on Solana to Explode as Investor Interest in $SOL ETF Skyrockets

According to Bloomberg Intelligence, the likelihood of US regulators approving a Solana ETF (exchange-traded fund) is now a whopping 90%.

This is particularly noteworthy because the company’s odds for a $SOL ETF were just 70% back in February, i.e., only a couple of months ago.

Combined with the CME listing Solana-based futures contracts in March, a $SOL ETF will likely rocket Solana to the moon.

Keep reading to find out all the reasons for being bullish on Solana right now. We’ll also point you towards the best altcoins you can buy today to make the most of $SOL’s bright future.

Solana Futures Open Interest Nears All-Time High

While six asset managers await the SEC’s permission to list $SOL ETFs, the crypto’s future open interest reached $5.75B (or $40.5M $SOL).

In addition to being a chunky 5% increase from March, this metric is now close to its all-time high. The demand for $SOL derivatives is also 50% higher than $XRP’s.

Moreover, this data is hot off the oven (recorded just a few days ago), so it’s dead accurate and proof of strong institutional interest in the blockchain.

One of the biggest reasons behind the growing adoption of $SOL derivatives is that the crypto held the crucial $140 support level.

With rising DEX volumes and a staggering $9.5B in total value locked (TVL), $SOL can easily surge past $200 well before a potential spot ETF approval on October 10.

What Does $SOL’s Chart Say?

Technical analysis on $SOL’s charts paints a pretty picture, too. The crypto has bounced perfectly from the 10, 20, and 50 EMAs simultaneously on the daily chart, which is a hugely positive signal.

The aforementioned bounce is also at a major support/resistance zone, further proving that the current bullish rally could hold itself nicely.

The only thing left to see is whether $SOL can break and hold itself above the 200 EMA. However, as per the 4-hour chart, it should easily be able to do that, seeing as it’s above all the major EMAs on that time frame.

All in all, Solana is doing really well and could pump soon. If you want to ride its growth, here are three Solana-based coins that could give you the best results in an already-pumping market.

Our top pick, Solaxy, shows the best potential. It’s still in presale, which has turned out to be a massive success thanks to over $30M in early investor funding.

1. Solaxy ($SOLX) – Best Altcoin on Solana, over $32M in Presale Funding

Unlike other coins on Solana, Solaxy ($SOLX) won’t just use the blockchain’s low-cost, high-speed architecture to further its interests. Its goal, in fact, is to improve Solana.

Solana has become too popular for its own good, ironically. A recent massive influx of new investors to the network has overloaded it. As a result, it has been struggling with congestion and scalability issues.

Solaxy will solve Solana’s aforementioned issues by building the first-ever Layer 2 scaling protocol on the network.

It will process some of Solana’s transactions on a sidechain, reducing the burden on its mainnet and increasing transaction speed while lowering traffic congestion. In one word, Solaxy will optimize Solana’s key areas.

The utility-based nature of $SOLX significantly contributes to its uniqueness and makes it one of the best cryptos to buy today.

What’s more, Solaxy will also jack up Solana’s affordability by processing multiple transactions simultaneously, i.e., in batches. This will reduce the per-transaction cost, making crypto more affordable to people like you and me.

As mentioned earlier, Solaxy is currently in presale, which is another reason why it’s such a lucrative opportunity. Remember, prices are at their lowest during the presale stage, offering insane risk-to-reward possibilities (like a 29x increase by the end of 2026).

With over $32.6M in presale funding so far, one $SOLX is currently available for just $0.00171. Here’s how to buy it.

2. ai16z ($AI16Z) – Venture Capital Firm Run by AI Agents

ai16z ($AI16Z) really stands out because it’s the first-ever venture capital firm run solely by AI agents. This crypto project is redefining the possibilities of artificial intelligence in the crypto investment space.

A decentralized trading fund, ai16z uses AI agents to collect and analyze investment-related data, including current community sentiment. This speeds up the entire process of deciding whether a certain company is worth investing in.

Aside from extra speed, AI will also reduce human error. What’s more, these AI agents are also equipped to execute transactions both on-chain and off-chain, further improving flexibility and transaction speed.

As a leader in the AI-powered decentralized trading segment, $AI16Z has unsurprisingly been one of the most successful cryptos of late. It reached a record market cap of around $2.6B in January 2025.

Over the last month or so, the token is up a staggering 60%. It’s also currently one of the top trending cryptos, having jumped 10% in just the last 24 hours. $AI16Z is currently trading at $0.3043.

3. Bonk ($BONK) – Biggest Dog Meme Coin on Solana

Often referred to as ‘the dog coin of the people,’ Bonk is the first and the largest dog-themed meme coin on the Solana blockchain.

It’s also the fifth-largest meme coin across the board, with a market capitalization of over $1.5B. Only $TRUMP, $PEPE, $SHIB, and $DOGE are above it.

Launched in December 2022, $BONK currently boasts over 17,000% in lifetime returns, which more than justifies its massive popularity among crypto degens.

After a nearly two-month-long steady decline, the token is climbing once again. It’s up over 36% in the last week and 67% in the last month.

With one of the lowest per-token prices (just $0.00001968 at the time of writing) in the entire meme coin industry, $BONK is certainly one of the best cheap cryptos to buy to benefit from a potential $SOL rally.

Best Altcoins on $SOL – A Golden Buying Opportunity

Just the increased likelihood of a $SOL ETF has put the best altcoins on Solana in green.

Its actual launch, therefore, could be a canon event that sets forth a new future for $SOL and Solana-based cryptos.

That being said, we urge our readers to kindly do their own research and back their intuition with facts. None of the above is financial advice, after all.