Fidelity Digital Assets has expanded its cryptocurrency lineup by adding Solana (SOL) trading and custody services across its platforms. The expansion includes retail, institutional, and wealth management channels, positioning Fidelity among the few major financial institutions offering multi-asset crypto exposure. The new addition extends accessibility for millions of users who already trade Bitcoin, Ethereum, and Litecoin through Fidelity Crypto and its institutional platform.Solana Trading Now Live Across Fidelity PlatformsFidelity’s Solana support went live on Thursday across several products, including Fidelity Crypto for retail and IRAs, Fidelity Crypto for Wealth Managers, and the firm’s institutional trading suite. The move reflects Fidelity’s continued focus on broadening digital asset services for both individual and professional investors.The firm’s retail platform, launched in March 2023, allows users to trade major cryptocurrencies with zero commission. However, the platform applies a spread of up to 1% per trade. New users must open a Fidelity Brokerage account to gain access to crypto features, though the service is not yet available in all states.Besides enhancing accessibility, the update demonstrates Fidelity’s ongoing integration of blockchain technology into its long-term investment framework. The company’s early history in crypto ranging from Bitcoin mining to extensive digital asset research has established it as a pioneer among traditional asset managers entering decentralized finance.Solana Price Action and Technical OutlookFollowing the announcement, Solana recorded a 5.15% daily gain, trading at around $191 with a market capitalization exceeding $104 billion. The token’s trading volume reached over $7 billion within 24 hours, indicating renewed investor interest.According to analyst Daan Crypto Trades, Solana is consolidating between $170 and $200, maintaining a structure of lower highs and higher lows. The compression pattern suggests that the market is finding balance before its next significant move. Daan emphasized that support near $170–$175 remains critical, while resistance between $195–$200 marks the short-term ceiling.Source: XMoreover, analyst AltcoinGordon highlighted that Solana’s weekly chart continues to form an ascending triangle a structure that has historically preceded major breakouts. The long-term resistance zone near $320–$340 remains the key level to watch. Sustained strength above this range could confirm a breakout toward $500.Fidelity Digital Assets has expanded its cryptocurrency lineup by adding Solana (SOL) trading and custody services across its platforms. The expansion includes retail, institutional, and wealth management channels, positioning Fidelity among the few major financial institutions offering multi-asset crypto exposure. The new addition extends accessibility for millions of users who already trade Bitcoin, Ethereum, and Litecoin through Fidelity Crypto and its institutional platform.Solana Trading Now Live Across Fidelity PlatformsFidelity’s Solana support went live on Thursday across several products, including Fidelity Crypto for retail and IRAs, Fidelity Crypto for Wealth Managers, and the firm’s institutional trading suite. The move reflects Fidelity’s continued focus on broadening digital asset services for both individual and professional investors.The firm’s retail platform, launched in March 2023, allows users to trade major cryptocurrencies with zero commission. However, the platform applies a spread of up to 1% per trade. New users must open a Fidelity Brokerage account to gain access to crypto features, though the service is not yet available in all states.Besides enhancing accessibility, the update demonstrates Fidelity’s ongoing integration of blockchain technology into its long-term investment framework. The company’s early history in crypto ranging from Bitcoin mining to extensive digital asset research has established it as a pioneer among traditional asset managers entering decentralized finance.Solana Price Action and Technical OutlookFollowing the announcement, Solana recorded a 5.15% daily gain, trading at around $191 with a market capitalization exceeding $104 billion. The token’s trading volume reached over $7 billion within 24 hours, indicating renewed investor interest.According to analyst Daan Crypto Trades, Solana is consolidating between $170 and $200, maintaining a structure of lower highs and higher lows. The compression pattern suggests that the market is finding balance before its next significant move. Daan emphasized that support near $170–$175 remains critical, while resistance between $195–$200 marks the short-term ceiling.Source: XMoreover, analyst AltcoinGordon highlighted that Solana’s weekly chart continues to form an ascending triangle a structure that has historically preceded major breakouts. The long-term resistance zone near $320–$340 remains the key level to watch. Sustained strength above this range could confirm a breakout toward $500.

Fidelity Crypto Adds Solana as Analysts Target $500 Breakout

2025/10/24 04:24
2 min read

Fidelity Digital Assets has expanded its cryptocurrency lineup by adding Solana (SOL) trading and custody services across its platforms. The expansion includes retail, institutional, and wealth management channels, positioning Fidelity among the few major financial institutions offering multi-asset crypto exposure. The new addition extends accessibility for millions of users who already trade Bitcoin, Ethereum, and Litecoin through Fidelity Crypto and its institutional platform.

Solana Trading Now Live Across Fidelity Platforms

Fidelity’s Solana support went live on Thursday across several products, including Fidelity Crypto for retail and IRAs, Fidelity Crypto for Wealth Managers, and the firm’s institutional trading suite. The move reflects Fidelity’s continued focus on broadening digital asset services for both individual and professional investors.

The firm’s retail platform, launched in March 2023, allows users to trade major cryptocurrencies with zero commission. However, the platform applies a spread of up to 1% per trade. New users must open a Fidelity Brokerage account to gain access to crypto features, though the service is not yet available in all states.

Besides enhancing accessibility, the update demonstrates Fidelity’s ongoing integration of blockchain technology into its long-term investment framework. The company’s early history in crypto ranging from Bitcoin mining to extensive digital asset research has established it as a pioneer among traditional asset managers entering decentralized finance.

Solana Price Action and Technical Outlook

Following the announcement, Solana recorded a 5.15% daily gain, trading at around $191 with a market capitalization exceeding $104 billion. The token’s trading volume reached over $7 billion within 24 hours, indicating renewed investor interest.

According to analyst Daan Crypto Trades, Solana is consolidating between $170 and $200, maintaining a structure of lower highs and higher lows. The compression pattern suggests that the market is finding balance before its next significant move. Daan emphasized that support near $170–$175 remains critical, while resistance between $195–$200 marks the short-term ceiling.

Source: X

Moreover, analyst AltcoinGordon highlighted that Solana’s weekly chart continues to form an ascending triangle a structure that has historically preceded major breakouts. The long-term resistance zone near $320–$340 remains the key level to watch. Sustained strength above this range could confirm a breakout toward $500.

Market Opportunity
Solana Logo
Solana Price(SOL)
$84.52
$84.52$84.52
+0.17%
USD
Solana (SOL) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Santander’s Openbank Sparks Crypto Frenzy in Germany

Santander’s Openbank Sparks Crypto Frenzy in Germany

 In Germany, the digital bank Santander Openbank introduces trading in crypto, which offers BTC, ETH, LTC, POL, and ADA in the MiCA framework of the EU. Santander, the largest bank in Spain, has officially introduced cryptocurrency trading to its clients in Germany, using its digital division, Openbank.  With this new service, users can purchase, sell, […] The post Santander’s Openbank Sparks Crypto Frenzy in Germany appeared first on Live Bitcoin News.
Share
LiveBitcoinNews2025/09/18 04:30
The Quantum Leap: Preparing for the Next Era of Computational Power

The Quantum Leap: Preparing for the Next Era of Computational Power

While Artificial Intelligence dominated the headlines of the early 2020s, a more fundamental revolution was brewing in the world of Technology: Quantum Computing
Share
Techbullion2026/02/21 05:48
3 Paradoxes of Altcoin Season in September

3 Paradoxes of Altcoin Season in September

The post 3 Paradoxes of Altcoin Season in September appeared on BitcoinEthereumNews.com. Analyses and data indicate that the crypto market is experiencing its most active altcoin season since early 2025, with many altcoins outperforming Bitcoin. However, behind this excitement lies a paradox. Most retail investors remain uneasy as their portfolios show little to no profit. This article outlines the main reasons behind this situation. Altcoin Market Cap Rises but Dominance Shrinks Sponsored TradingView data shows that the TOTAL3 market cap (excluding BTC and ETH) reached a new high of over $1.1 trillion in September. Yet the share of OTHERS (excluding the top 10) has declined since 2022, now standing at just 8%. OTHERS Dominance And TOTAL3 Capitalization. Source: TradingView. In past cycles, such as 2017 and 2021, TOTAL3 and OTHERS.D rose together. That trend reflected capital flowing not only into large-cap altcoins but also into mid-cap and low-cap ones. The current divergence shows that capital is concentrated in stablecoins and a handful of top-10 altcoins such as SOL, XRP, BNB, DOG, HYPE, and LINK. Smaller altcoins receive far less liquidity, making it hard for their prices to return to levels where investors previously bought. This creates a situation where only a few win while most face losses. Retail investors also tend to diversify across many coins instead of adding size to top altcoins. That explains why many portfolios remain stagnant despite a broader market rally. Sponsored “Position sizing is everything. Many people hold 25–30 tokens at once. A 100x on a token that makes up only 1% of your portfolio won’t meaningfully change your life. It’s better to make a few high-conviction bets than to overdiversify,” analyst The DeFi Investor said. Altcoin Index Surges but Investor Sentiment Remains Cautious The Altcoin Season Index from Blockchain Center now stands at 80 points. This indicates that over 80% of the top 50 altcoins outperformed…
Share
BitcoinEthereumNews2025/09/18 01:43