Solana is seeing a lot of hype right now as a leading contender for a new Exchange Traded Fund (ETF). The network continues to exhibit healthy demand, strong yield, and appealing staking rewards. South Korea’s burgeoning user base seems to be powering the talk about a Solana ETF. On top of that, the sheer transaction volume and array of applications is fueling the hype.

Unlike others, Solana has emerged as a blockchain for real-world use outside of just saving on the gas. It’s really fast and efficient, the best choice to quickly develop decentralized applications. The network is currently serving an average of 5.5 million unique active wallets per day. Each day, it moves an average of 93 million transactions. Specifically, in April 2025—inclusive of the global Solana network—Solana processed an estimated 2.8 billion transactions per month.

Solana’s entire economic model is built on the expectation of a proof-of-stake. This allows users to stake SOL to help secure and operate the network. This resulted in the network’s combined monthly fees revenue jumping to about $37.5 million. It additionally gives a staking yield of +8% apr. This 39% staking return is why Solana has become an appealing option for investors looking for passive income.

Solana users have been on the frontier of DeFi, NFTs, and bringing real-world assets on-chain. The staking reward tied to Solana can’t be overlooked. If a Solana ETF was to be approved and launched without any possibility of SOL staking, it would risk articulate stabilities across the network.

The introduction and successful approval of a Solana ETF would give investors another new way to invest in Solana. Most importantly, it enables them to take part in the expected upcoming growth of the Solana network. Solana provides a special narrative that is important for U.S. technological progress.