Franklin Adds XRP, SOL, and DOGE to ETF as Solana Eyes $500 Target

Franklin Templeton is expanding its crypto index ETF as new regulatory guidelines open the door for broader digital-asset exposure. The firm disclosed in a recent SEC filing that its Franklin Crypto Index ETF will include several new altcoins beginning December 1, 2025. This shift gives investors wider access to assets beyond Bitcoin and Ethereum. 

ETF to Add New Assets Under Updated Index Rules

The ETF will now track eight digital assets that form the updated benchmark index. The index adds XRP, Solana, Dogecoin, Cardano, Stellar Lumens, and Chainlink. The new Cboe rules allow crypto funds to hold any token included in their approved benchmarks. 

This change increases the variety of assets investors can access through regulated exchange-traded products. The index will continue its quarterly rebalancing cycle, which allows regular adjustments as market conditions shift. 

Franklin also introduced in-kind creation and redemption options for authorized participants. This simplifies operational flows and strengthens the fund’s structure.

Solana Holds Above Key Two-Week Support

While the ETF prepares for expansion, Solana continues to trade near a critical technical area. SOL is priced around $136 after gaining over 5% in the past day. 

However, the weekly trend remains fragile after last week’s decline. Ali Martinez noted that Solana sits just above a two-week support band near $129, which sits slightly above the widely watched $120 level. That band has triggered multiple rebounds this year, making it a significant line for buyers.

Source: X

A failure to hold $120 could expose the next major support near $70. Martinez pointed to earlier chart reactions near that zone, signaling a region where liquidity clusters. Hence, market attention remains focused on whether buyers will defend this level again.

Symmetrical Triangle Signals Long-Term Compression

Analyst curb.sol described a broader pattern forming on Solana’s multi-year chart. The asset is moving inside a large symmetrical triangle with steady compression between rising lows and falling highs. Price sits near the lower boundary of that formation. The upper boundary near $210 to $220 remains the zone to clear. 

Moreover, a breakout from the pattern carries a measured target near $500. The projection comes from the height of the structure and aligns with long-term momentum trends. Consequently, Solana remains in a coil that continues to tighten as investors prepare for the ETF expansion next week.