Interesting that the Solana ETF approval was expected back then with a 95% probability — the SEC actually gave the green light. Grayscale, VanEck, and Fidelity filed their S-1 registrations at that time, and the approval came as predicted. Only, the price development played out completely differently than expected. The analysis at the time spoke of a breakthrough above $230-$250 with a target of $400 if the ETF approval came. Looking at the prices today, SOL is currently trading at $88.41. This again shows how complex the markets are. Institutional demand through the ETF has arrived, the classification of Solana as a commodity by the SEC helped — but we are still far from the expectations of that time. The ETF approval was a milestone for Solana, that's true, but the price forecasts were probably too optimistic. Now it will be interesting to see whether SOL gains momentum from here or if we go even lower.