Solana (SOL) is making a powerful comeback, surging over 8% in 24 hours to reclaim the critical $140 mark. This sudden, strong move is being fueled by more than just short-term market hype—it’s driven by a massive vote of confidence from the world of traditional finance.
The primary spark for the rally is the news that Fidelity, one of the most heavyweight asset managers in global finance, is preparing to launch a Spot Solana ETF. This move:
While Solana's on-chain metrics (DEX volume, daily activity, developer traction) already show genuine usage, the entry of major issuers like Fidelity is key to unlocking fresh outside capital—the kind of money that has not previously been allocated to the crypto sector.
Why this matters for the long term:
The market is reacting strongly to the news, validating the long-held bullish case for Solana’s high-speed, low-cost network.
November 2025, Cryptoniteuae