Solana Latest Updates: Institutional ETF Buzz and Technological Enhancements Help Solana Resist Market Decline
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
