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
Curve DAO's Targeted Lending Initiative to Strengthen Stablecoin Stability and Boost Earnings
- Curve DAO will vote on Resupply's proposal to mint 5M crvUSD for sreUSD LlamaLend market to stabilize stablecoin dynamics and generate revenue. - The mechanism bypasses traditional collateral models, leveraging lending markets' independent monetary policies to reduce reUSD sell pressure and lower borrowing costs. - Projected $405K annual DAO revenue and permissionless profit claims aim to enhance transparency, with audited smart contracts under Curve's full control. - The proposal reflects DeFi trends to

Compliance-By-Design: ZKP's Whitelist Transforms Privacy in Cryptocurrency
- Zero Knowledge Proof (ZKP) introduces privacy-compliant blockchain tech, enabling verifiable transactions without exposing sensitive data. - ZKP's whitelist launch targets institutional adoption by offering early access to technical briefings and partnerships. - The technology aligns with GDPR and FATF standards, addressing regulatory concerns while preserving user confidentiality. - ZKP's "proof once, verify anywhere" model supports cross-border settlements and decentralized identity systems, reshaping

Canal+ Sets Sights on Africa’s Streaming Growth by Seeking Complete Ownership of Showmax
- Canal+ SA considers acquiring Comcast's 30% stake in Showmax, Africa's top streaming platform, to strengthen its regional dominance. - The move aims to leverage Showmax's localized content strategy, which resonates with Africa's growing youth-driven digital audience. - Full ownership could enable tailored competition against global rivals like Netflix, while aligning with Canal+'s broader African market consolidation. - The potential deal reflects media industry trends toward large-scale buyouts, as Afri
