Solana Latest Updates: Institutional ETF Buzz and Technological Enhancements Help Solana Resist Market Decline
- Solana (SOL) trades near $189.80 in October 2025, showing resilience amid volatility with institutional support and strong on-chain metrics. - Institutional demand surges as 17.1 million SOL tokens (3% supply) are locked in corporate treasuries and ETFs, including $3.08B in holdings by FORD and Galaxy Digital. - Hong Kong's first Solana ETF approval and network upgrades like Alpenglow (150ms block finality) position SOL to challenge Ethereum in gaming and high-frequency trading niches. - Despite 212% net
Solana (SOL) has demonstrated notable strength amid market turbulence, maintaining a price close to $189.80 in October 2025, as reported by
Interest from institutional investors in
Despite price swings, Solana’s on-chain metrics remain robust. Daily active addresses exceeded 2.2 million in October 2025, marking a 60% increase year-over-year, while its DeFi ecosystem’s Total Value Locked (TVL) reached $12.2 billion in September. Network revenue jumped 212% to $2.1 billion, outpacing Ethereum’s 94% growth, thanks to low transaction fees and a dominant stablecoin share (75% USDC). Recent updates from the Solana Foundation emphasized the network’s throughput, handling 6,000–10,000 transactions per second during peak periods—a trend also noted in
From a technical perspective, Solana is consolidating between $184 and $195, with the 200-day EMA at $173.95 acting as a crucial support. A move above $195 could spark a rally toward $203–$210, while a drop below $175 may expose the $160–$170 support range. Momentum indicators, such as an RSI around 32.4, point to oversold conditions, as highlighted in
The Solana ecosystem is expanding rapidly, with 11,500 new developers joining in 2025 and projects like
With growing institutional interest, regulatory advancements, and ongoing technological improvements, Solana is well-placed to challenge Ethereum’s lead in sectors like gaming and high-frequency trading. JPMorgan estimates Solana ETFs could attract $1.5 billion in inflows, while Grayscale’s staking feature for its Solana Trust (GSOL) highlights increasing acceptance. Nonetheless, risks remain, including macroeconomic uncertainties and competition from
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Solana News Today: Solana's Rally and Waning Retail Excitement: Is the $500 Mark Achievable?
- Solana (SOL) gains traction with analysts predicting a potential $500 rally driven by surging on-chain activity and institutional interest. - Network metrics show 780K+ daily active addresses and 270B+ transactions, while DeFi TVL rose 18% QoQ despite 19% retail address decline. - Institutional inflows and sub-second finality ($0.00025 fees) contrast with waning retail demand and $8.64B futures open interest drop from $15B peak. - Corporate moves include restricted share sales and Gemini's 4% SOL-reward
Digital autonomy and expanded access to financial services are fueling a transformative change in the world economy
- Adrian Wall emphasized digital sovereignty and financial inclusion at a UN event, stressing data control and literacy for sustainable development. - JPMorgan and Blockchain.com advance crypto adoption, with Bitcoin collateral and EU regulatory licenses reflecting institutional confidence. - African nations like Ghana and Burkina Faso tokenize resources and expand cross-border payments, leveraging blockchain for sovereign economic strategies. - U.S. lawmakers near crypto bill approval, balancing regulatio
BNB News Update: CZ’s Pardon Signals End to Crypto Conflict, Markets Rally Amid Eased Regulations
- U.S. President Trump's pardon of Binance founder CZ triggered a crypto market surge, with BNB rising 3.3% to $1,126 and altcoins like WLFI (+12%) and ASTER (+20%) gaining traction. - The move, framed as ending the "crypto war," eased regulatory pressures on Binance, though its early listing of WLFI highlighted concerns over market influence and project visibility. - Meme coins like BullZilla and DOGE saw speculative gains, driven by social media momentum and renewed institutional interest amid lingering
Bitcoin Updates Today: Cango's Eco-Friendly Bitcoin Initiative: A New Corporate Chapter in the Era of Cryptocurrency
- Cango Inc. expands Bitcoin mining operations to capitalize on crypto demand, allocating capital for advanced ASICs and energy-efficient North American facilities. - The company aims to triple hashrate within 12 months, competing with major miners while leveraging Bitcoin's recent price surge above $65,000. - 75% of new mining operations will use renewable energy in Texas/Canada, addressing environmental concerns and aligning with EU sustainability regulations. - Analysts debate strategic merits: while pr
Trending news
MoreCrypto prices
More
