Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Solana News Today: Solana's Rally and Waning Retail Excitement: Is the $500 Mark Achievable?

Solana News Today: Solana's Rally and Waning Retail Excitement: Is the $500 Mark Achievable?

Bitget-RWA2025/10/24 20:40
By:Bitget-RWA

- 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

The

(SOL) ecosystem is once again in the spotlight as both analysts and investors discuss the possibility of prices reaching $500, fueled by increased on-chain activity, growing institutional involvement, and strategic advancements. Despite ongoing short-term fluctuations, the prevailing sentiment is that Solana could become a frontrunner in the Layer 1 blockchain rebound, as long as it maintains strong technical performance and adoption rates.

Solana News Today: Solana's Rally and Waning Retail Excitement: Is the $500 Mark Achievable? image 0

Recent figures show a notable increase in Solana’s network usage, with daily active addresses surpassing 780,000 and total transactions exceeding 270 billion, according to a

. This momentum is supported by institutional capital, as prominent companies and ETFs expand their holdings in Solana’s high-speed network. The Total Value Locked (TVL) in Solana’s DeFi sector has climbed 18% quarter-over-quarter, largely thanks to platforms such as Jupiter and . Experts credit this to Solana’s rapid transaction finality and minimal fees (just $0.00025), which remain attractive compared to competitors like and .

However, there are signs that retail participation is slowing. Data from DefiLlama indicates a 19% drop in active addresses over the last five months, with weekly averages now at 15 million, down from 33.63 million in May, as reported by an

. This decline has sparked concerns about ongoing network engagement and developer morale, especially in the DeFi and coin markets. At the same time, open interest (OI) in SOL futures has decreased to $8.64 billion from a previous high of $15 billion, indicating less speculative trading.

Solana’s corporate landscape is also shifting. The Solana Company has recently launched a private resale window for early investors to sell restricted shares from its $500 million fundraising round, according to

. Although this led to an 11% drop in HSDT stock, the initiative is intended to broaden liquidity and better align equity exposure with Solana’s long-term outlook. This approach moves price discovery from token markets to public equity, giving investors indirect access to SOL without direct ownership.

On the product side, Gemini has introduced a “Solana edition” crypto credit card, offering 4% rewards in SOL, as noted in a

. Additionally, the Solana Foundation has teased a significant announcement for October 20—likely a debit card—which has sparked short-term enthusiasm. Regulatory progress is also underway, with Kristin Smith from the Solana Policy Institute preparing to discuss crypto policy with U.S. legislators.

From a technical perspective, SOL is currently trading near $186, consolidating between support at $181 and resistance at $212. Institutions are accumulating within this band, and a breakout above $212 could set off a move toward $244–$252. Long-term outlooks remain positive: analysts expect an average price of $325 in 2025, with potential highs of $400 and $500 if adoption and DeFi expansion continue, according to a

.

Nonetheless, there are risks. If SOL fails to hold above $181, it could revisit $175, while broader economic uncertainty and tighter liquidity could present challenges. Network slowdowns during peak NFT usage and regulatory developments in the U.S. and Asia will also influence Solana’s path forward.

While Solana remains at the forefront of Layer 1 discussions, projects like Remittix (RTX) are making headway with practical payment solutions, focusing on international transfers and low-cost settlements, as highlighted in industry reports. Still, Solana’s core strengths—speed, a robust developer community, and institutional support—make it a pivotal force for wider blockchain adoption.

At $186, Solana is trading 37% below its January 2025 peak but continues to be underpinned by strong fundamentals. With the upcoming Alpenglow upgrade set to boost scalability and increasing institutional interest, reaching $500 will depend on sustained network activity and stable macroeconomic conditions. Analysts remain cautiously optimistic, though it’s important for market watchers to keep an eye on liquidity shifts and regulatory news as key factors.

---

0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

"IBM's Blockchain Platform Connects Cutting-Edge Solutions with Regulatory Standards for Digital Assets"

- IBM launches blockchain platform Digital Asset Haven with Dfns to help institutions manage tokenized assets across 40+ blockchains. - Platform integrates compliance tools like AML checks and IBM's MPC/HSM security to address regulatory demands for digital asset custody. - SaaS version available Q4 2025 with on-premises deployment by mid-2026, competing with Oracle and Microsoft in enterprise blockchain services. - Initiative aligns with rising institutional demand for digital assets, supported by IBM's $

Bitget-RWA2025/10/28 10:18
"IBM's Blockchain Platform Connects Cutting-Edge Solutions with Regulatory Standards for Digital Assets"

Musk's Grokipedia: Is It Possible for AI to Deliver Unbiased Truth Without Human Editors?

- Elon Musk's xAI launched Grokipedia, an AI-driven encyclopedia challenging Wikipedia's dominance with 885,279 AI-generated articles. - The platform faces criticism for conservative-leaning entries on political figures and omissions of controversial details compared to Wikipedia. - Critics warn AI-generated content risks ideological bias and misinformation, while Wikipedia emphasizes human collaboration as irreplaceable. - Grokipedia's restricted user edits and opaque curation raise accountability concern

Bitget-RWA2025/10/28 10:18
Musk's Grokipedia: Is It Possible for AI to Deliver Unbiased Truth Without Human Editors?

Bitcoin Latest Updates: James Wynn's 40x Short Challenges Bitcoin's Upward Trend

- James Wynn opened a 40x leveraged short on Bitcoin via Hyperliquid, betting against its $115,000 surge driven by Fed rate cut expectations. - Despite a 33.33% win rate and $22M in losses, sources claim he recently earned $250M via undisclosed strategies, fueling debate over skill vs. luck. - A 40x short by "0xdDc" faced $4M losses after a Trump-related event, highlighting risks of leveraged positions in volatile crypto markets. - An anonymous $208M Hyperliquid short during U.S. tariff announcements exace

Bitget-RWA2025/10/28 10:02
Bitcoin Latest Updates: James Wynn's 40x Short Challenges Bitcoin's Upward Trend

Bitcoin Updates: Bitcoin Matches Equities in Investment Portfolios as $30B Inflows Indicate Institutional Transition

- Crypto market consolidates amid cautious trading ahead of macroeconomic events, with Matrixport noting "mostly sideways" conditions despite sustained institutional inflows. - Bitcoin rebounds to $126,000 after $3.55B ETF inflows in October 2025, driven by BlackRock's iShares Bitcoin Trust and growing corporate BTC holdings. - Market volatility spikes from Trump's China tariff threat ($19.35B liquidations) but stabilizes near $111,000 support, with Fed's October 29 rate cut (96.7% expected) seen as potent

Bitget-RWA2025/10/28 09:48
Bitcoin Updates: Bitcoin Matches Equities in Investment Portfolios as $30B Inflows Indicate Institutional Transition