Solana ETFs Push for SEC Approval as WeWake Token Presale Accelerates

Crypto News

Solana ETFs Push for SEC Approval as WeWake Token Presale Accelerates

Solana ETFs seek SEC approval for liquidity staking tokens as collateral, while the WeWake token presale launches, offering walletless and gasless Web3 onboarding backed by a detailed whitepaper.

  • Solana ETFs seek SEC approval for liquidity staking tokens, aiming to boost collateral efficiency and market adoption.
  • WeWake Token Presale launches, offering walletless, gasless onboarding backed by a detailed whitepaper and roadmap.
  • Crypto presales like WeWake attract interest by combining real utility, early staking rewards, and scalable developer integrations.

Solana ETFs are drawing attention as Jito Labs, Bitwise, Multicoin Capital, and VanEck jointly urged the SEC to approve the use of Liquidity Staking Tokens (LSTs) in ETF collateral. These proposals could reshape how Solana ETFs function in the U.S. market and influence institutional participation. While this regulatory push continues, the WeWake Token Presale has emerged, introducing a new walletless and gasless blockchain solution aimed at simplifying crypto onboarding.

Solana ETFs Move Toward Liquidity Staking Integration

Eight ETF applications involving Solana ETFs are under review by the SEC, with applicants seeking approval to use LSTs as collateral. According to the joint letter submitted on July 31, these firms argue that LST integration would enhance collateral efficiency and expand institutional access to Solana. Jito Labs and the Solana Policy Institute support this approach, noting it could strengthen security measures while improving market structure.

Solana’s market data shows a price of $175.26 with a market cap of $94.32 billion, as reported by CoinMarketCap. Over the past 30 days, Solana’s value has risen by 20.22%, while its daily trading volume stands at $5.04 billion. Industry observers believe that the introduction of LSTs in Solana ETFs could attract more institutional investors, although approval from the SEC remains pending.

WeWake Token Presale Gains Momentum

While Solana ETFs await regulatory clarity, the WeWake Token Presale is advancing as a key development in the crypto sector. The presale offers the WAKE token at $0.0160 and is backed by a newly released whitepaper outlining its walletless and gasless blockchain model. By using zk-rollup scaling, ERC-4337 smart wallets, and a built-in Paymaster system, WeWake seeks to eliminate common onboarding challenges.

Whitepaper is out 📃
WeWake isn’t built on someone else’s chain – it is the chain.
Zero gas. Smart wallets. Onboarding without wallets or seed phrases.
Because UX can’t be fixed from the surface.

👉 https://t.co/orzNP2KTCu pic.twitter.com/bKSQ78Rrtf

— WeWake Finance (@wewake_finance) July 25, 2025

Crypto presales are becoming a growing trend because they allow early access to projects with strong utility and clear development roadmaps. WeWake’s model removes the need for wallets, seed phrases, or gas fees, enabling users to access dApps with simple social logins such as Google or Telegram. The Token Presale aims to raise funding for its development roadmap, which includes a public testnet in Q4 2025 and a mainnet launch in Q2 2026.

Why WeWake Could Be Among the Strongest Crypto Presales

The WeWake Token Presale stands out because it addresses a critical issue in crypto adoption: user onboarding. Through smart wallets and a paymaster system, users can interact with decentralized applications without buying gas tokens. Developers benefit from an SDK that supports fast integrations, helping projects reduce drop-offs caused by complex onboarding steps.

The WAKE token, priced at $0.0160 during the Token Presale, offers staking rewards, governance rights, and ecosystem incentives. With a total supply of 308,726,951 tokens and allocations for development, staking, and ecosystem growth, WeWake’s structure positions it for sustainable scaling. As more developers and non-technical users adopt its system, WeWake may become one of the most practical crypto onboarding solutions in the market.


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Alexander Stefanov

Reporter at Coindoo

Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.

Source: https://coindoo.com/solana-etfs-push-for-sec-approval-as-wewake-token-presale-accelerates/