Dear Securities and Exchange Commission, I am writing to strongly oppose the approval of a Solana-based Exchange-Traded Fund (ETF). Solana (SOL) is a security, not a commodity, and its price growth is largely driven by scam-driven speculation rather than real adoption. The Solana ecosystem is notorious for enabling fraudulent token launches, rug pulls, and insider manipulation, making it an unfit asset for a regulated investment product. A key problem with Solana is that its primary use case has become the mass creation of pump-and-dump tokens. Every single day, tens of thousands of scam tokens are launched and rugged, draining millions from retail investors. Solana has positioned itself as the blockchain of choice for these schemes, where malicious developers create tokens with no real value, manipulate prices through coordinated pumps, and then exit, leaving investors with worthless assets. More disturbingly, politicians and celebrities are directly engaging in these scams—either knowingly or through reckless indifference. Donald Trump’s "MAGA" token was a legitimate launch, yet it still rugged investors, highlighting how even so-called “genuine” tokens on Solana are vulnerable to fraud and manipulation. Melania Trump’s token outright rugged retail investors, proving that political figures are actively exploiting Solana’s ecosystem to extract money from the public. Argentine President Javier Milei recently tweeted about a Solana-based token called "Libra," which also rugged. After investors lost money, he quickly deleted his tweets and played innocent. Numerous celebrities, influencers, and even entire countries are now using Solana to launch deceptive projects, cash out millions, and leave retail investors holding worthless tokens. This pattern is not random—it is a fundamental problem with Solana itself. The network's low fees and high-speed transactions make it an ideal breeding ground for these fraudulent activities. The ease of launching scam tokens has made Solana the go-to chain for bad actors looking to quickly pump a token, dump it on investors, and repeat the cycle. Additionally, Solana is highly centralized, with network halts, insider-controlled allocations, and a small group of entities dictating its operations. Unlike Bitcoin or Ethereum, which operate in decentralized environments, Solana is effectively controlled by a handful of individuals who can manipulate supply, validator access, and market conditions. Given these rampant issues of fraud, insider control, and regulatory uncertainty, approving a Solana ETF would be a massive disservice to investors. It would provide legitimacy to a network that thrives on deception and market manipulation. The SEC’s responsibility is to protect investors from harm, and there is no justifiable reason to allow a regulated ETF based on a network where scams are the primary use case. For these reasons, I urge the SEC to reject any proposal for a Solana ETF and investigate the widespread fraudulent activity within its ecosystem. This is not an asset that belongs in the portfolios of everyday investors under the guise of a legitimate ETF.