Bitwise's Chief Investment Officer, Matt Hougan, predicts a significant rally for Solana by the end of the year, driven by growing interest in Solana exchange-traded funds (ETFs) and corporate investments. Solana recently hit $224, marking its highest level in seven months, though it remains 23% below its all-time high of $293. The SEC's upcoming decision on SOL ETF applications, expected by mid-October, could further enhance Solana's market position. Companies like DeFi Development Corporation and Galaxy Digital are increasing their Solana holdings, with Galaxy Digital planning a $1.65 billion Solana treasury company. Hougan notes that real-world utility is crucial for sustaining any price gains.