{"id":54553,"date":"2025-10-24T01:34:08","date_gmt":"2025-10-24T01:34:08","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=54553"},"modified":"2025-10-24T01:34:08","modified_gmt":"2025-10-24T01:34:08","slug":"solana-price-prediction-is-the-market-overreacting-to-fidelitys-solana-expansion","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=54553","title":{"rendered":"Solana Price Prediction: Is the Market Overreacting to Fidelity\u2019s Solana Expansion?"},"content":{"rendered":"<div>\n<p>Fidelity just put Solana on one of Wall Street\u2019s biggest brokerage menus, but some traders see reasons for caution \u2013 here\u2019s the Solana price prediction.<\/p>\n<p><span style=\"font-weight: 400\">As of Oct. 23, Fidelity <\/span><a class=\"general-link\" href=\"https:\/\/x.com\/teddyfuse\/status\/1981267746659979584\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">made<\/span><\/a><span style=\"font-weight: 400\"> Solana (SOL) available to clients across its crypto platforms.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Fidelity added Solana to its crypto lineup on October 23, 2025, expanding its list of supported assets to Bitcoin, Ethereum, and Litecoin.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Fidelity Digital Assets\u00ae now supports <a href=\"https:\/\/twitter.com\/solana?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">@solana<\/a> for custody and trading.  <\/p>\n<p>Probably nothing.  <\/p>\n<p>SOL season.<\/p>\n<p>\u2014 Teddy Fusaro (@teddyfuse) <a href=\"https:\/\/twitter.com\/teddyfuse\/status\/1981267746659979584?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">October 23, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">The 12+ Hottest Crypto Presales to Buy Right Now<\/a><\/strong><\/p>\n<h2><b>Could Fidelity\u2019s Support Push Solana Toward a More Stable Market Phase?<\/b><\/h2>\n<p><span style=\"font-weight: 400\">The company continues to promote its institutional standards, such as audited custody, insurance coverage, and controlled settlement mechanisms, as it develops trust among both professional and retail customers.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The time coincides with the increasing number of Solana in the tokenization and liquidity markets.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The rapid pace of transactions and a growing number of developers have kept the network in the spotlight, even as market analysts note that derivatives statistics indicate an increasing number of leveraged bets.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">A few are still doubting the history of Solana network failures being one of the major risk factors.<\/span><\/p>\n<p><span style=\"font-weight: 400\">In the meantime, it is evident that the introduction of SOL by Fidelity is yet another step towards mainstream recognition.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The relationship between investor confidence and the market, as well as the high adoption and volatility history of the project, will determine whether Solana can continue its recent rally.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The announcement saw Solana trade at close to $190 on Friday.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The initial new listing makes trading available to all Fidelity retail, IRA, wealth, and institutional platforms, putting SOL in the same bracket as the rest of the leading cryptocurrencies.\u00a0<\/span><\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Next 1000X Crypto \u2013 Here\u2019s 10+ Crypto Tokens That Can Hit 1000x This Year<\/a><\/strong><\/p>\n<h2><b>Solana Price Prediction: Is Solana\u2019s Price Consolidation a Sign of Strength or a Pause Before a Drop?<\/b><\/h2>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_68fad4d43f89c\" data-coin-id=\"sol-solana\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n\t\t\t\t<img id=\"crypto_chart_68fad4d43f89c-chart__info-icon-img\"><\/p>\n<div class=\"chart__info-name\" id=\"crypto_chart_68fad4d43f89c-chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\" id=\"crypto_chart_68fad4d43f89c-chart__info-symbol\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\" id=\"crypto_chart_68fad4d43f89c-chart__info-price\"><\/div>\n<div class=\"chart__info-change\" id=\"crypto_chart_68fad4d43f89c-chart__info-change\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\" id=\"crypto_chart_68fad4d43f89c-chart__info-marketcap\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\" id=\"crypto_chart_68fad4d43f89c-btn-24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\" id=\"crypto_chart_68fad4d43f89c-btn-7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\" id=\"crypto_chart_68fad4d43f89c-btn-30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\" id=\"crypto_chart_68fad4d43f89c-btn-1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_68fad4d43f89c-btn-all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n\t\t<canvas class=\"chart__canvas\" id=\"crypto_chart_68fad4d43f89c-cryptoChart\"><\/canvas>\n\t<\/div>\n<\/div>\n<p><span style=\"font-weight: 400\">According to CoinGecko <\/span><a class=\"general-link\" href=\"https:\/\/www.coingecko.com\/en\/coins\/solana\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">data<\/span><\/a><span style=\"font-weight: 400\">, Solana was changing hands between $189 and $191 during the last 24 hours, with a market cap of approximately $104 billion. The price increased by about 5.5% following the listing.<\/span><\/p>\n<p><span style=\"font-weight: 400\">CoinGlass <\/span><a class=\"general-link\" href=\"https:\/\/www.coinglass.com\/currencies\/SOL\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">reported<\/span><\/a><span style=\"font-weight: 400\"> an open interest of just below $9Bn and a daily futures volume of above $20 billion, reflecting a sharp increase in leveraged activity.\u00a0<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-300422\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-23T234848.862.png\" alt=\"\" width=\"1600\" height=\"692\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-23T234848.862.png 1600w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-23T234848.862-300x130.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-23T234848.862-1024x443.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-23T234848.862-768x332.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-23T234848.862-1536x664.png 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-23T234848.862-50x22.png 50w\" sizes=\"(max-width: 1600px) 100vw, 1600px\"><\/p>\n<p><span style=\"font-weight: 400\">(<\/span><a class=\"general-link\" href=\"https:\/\/www.coinglass.com\/currencies\/SOL\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">Source: Coinglass<\/span><\/a><span style=\"font-weight: 400\">)<\/span><\/p>\n<p><span style=\"font-weight: 400\">Analysts said the surge indicated that traders were positioning themselves around the announcement rather than a sustained breakout.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Crypto analyst Daan Crypto <\/span><a class=\"general-link\" href=\"https:\/\/x.com\/DaanCrypto\/status\/1981259005214208061\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">noted<\/span><\/a><span style=\"font-weight: 400\"> that volatility has cooled since the sharp move on October 10, with the price now compressing between key support at $170\u2013$175 and resistance near $195-$200.<\/span><\/p>\n<p><span style=\"font-weight: 400\">For now, Solana\u2019s short-term trend depends on whether it can hold above support or face renewed selling near the upper band.<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to Daan\u2019s latest chart, Solana (SOL) continues to trade around its 200-day Moving Average (MA) and Exponential Moving Average (EMA), two indicators that often define long-term momentum.\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">$SOL<\/a> Slowly moving along its Daily 200MA\/EMA.<\/p>\n<p>Lower highs and higher lows with price compressing. This is generally what you see after a big move like the 10th of October.<\/p>\n<p>Volatility slowly comes down as the market finds an equilibrium. From there, you can look for the next\u2026 <a href=\"https:\/\/t.co\/KJmJDC613y\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/KJmJDC613y<\/a><\/p>\n<p>\u2014 Daan Crypto Trades (@DaanCrypto) <a href=\"https:\/\/twitter.com\/DaanCrypto\/status\/1981259005214208061?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">October 23, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">The price pattern exhibits lower highs and higher lows, indicating compression as volatility subsides following earlier gains.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Recent candles suggest SOL is trying to steady near the $175\u2013$180 zone, where the 200-day MA has repeatedly acted as a key support.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">This range has held several times this month, marking a short-term base.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Daan highlighted that Solana \u201cneeds to hold on to that $170\u2013$175 area as support,\u201d noting that a breakdown below could trigger further downside pressure.<\/span><\/p>\n<p><span style=\"font-weight: 400\">On the upside, resistance remains strong around $195\u2013$200 near the 200-day EMA and the neckline of what appears to be a small double-bottom setup.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">A clean break above this level could clear the way toward $210\u2013$215, an area that previously saw heavy selling earlier in October.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Trading volumes have eased in recent sessions, matching Daan\u2019s note that volatility is cooling as Solana\u2019s price settles into balance.<\/span><\/p>\n<p><span style=\"font-weight: 400\">At the moment, Solana is stuck in a neutral zone. Its long-term moving averages are flattening after months of steady gains, showing that momentum has paused.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The next key move, a break above $200 or a drop below $175, will likely set the tone for what comes next: a push toward new highs or a deeper pullback.<\/span><\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/now-that-the-bull-run-is-dead-will-powell-do-further-rate-cuts-end-of-fed-tightening-near-as-job-market-softens\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Now That the Bull Run is Dead, Will Powell Do Further Rate Cuts?<\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"nofollow noopener\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/solana-price-prediction-is-the-market-overreacting-to-fidelitys-solana-expansion\/\">Solana Price Prediction: Is the Market Overreacting to Fidelity\u2019s Solana Expansion?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Fidelity just put Solana on one of Wall Street\u2019s biggest brokerage menus, but some traders see reasons for caution \u2013 here\u2019s the Solana price prediction. As of Oct. 23, Fidelity made Solana (SOL) available to clients across its crypto platforms. Fidelity added Solana to its crypto lineup on October 23, 2025, expanding its list of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-54553","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/54553","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=54553"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/54553\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=54553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=54553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=54553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}