Overview
- Fidelity and the Solana team confirmed that SOL is now supported for U.S. clients, with a Fidelity spokesperson calling it part of the firm’s digital asset buildout.
- Access spans Fidelity Crypto, Fidelity Crypto for IRAs, Fidelity Crypto for Wealth Managers, and Fidelity Digital Assets’ institutional platform.
- SOL climbed roughly 5–6% to about $190–$192 after the rollout, with reported 24‑hour trading volume near $7 billion.
- Hong Kong’s Securities and Futures Commission approved a ChinaAMC spot Solana ETF, with trading expected to begin on October 27.
- Market watchers cite support around $170–$175 and resistance near $195–$200 and potentially $200–$230+, while flagging Solana’s past outages and congestion as a continuing risk factor.