币界网报道：The progress toward a Solana (SOL) exchange-traded fund (ETF) has stalled as regulatory uncertainty persists, with the U.S. Securities and Exchange Commission (SEC) yet to provide clear guidance on whether SOL qualifies as a commodity or security. Meanwhile, meme coin Pepe (PEPE) has gained traction, surging over 20% in the past week amid growing retail interest. Analysts attribute PEPE's rally to its strong community backing and speculative trading activity, though caution remains due to its volatile nature. In contrast, SOL's price has remained relatively flat, reflecting investor caution ahead of potential regulatory decisions. Industry experts suggest that a Solana ETF approval could significantly boost institutional adoption, but the lack of regulatory clarity continues to delay progress. The SEC's ongoing scrutiny of crypto assets has left many projects in limbo, with market participants closely watching for any developments that could provide clearer direction for the sector.